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As Aucklanders digest their new property valuations, questions are being raised over whether using these CV's are the best way to work out rates.
The calculations released yesterday are already 12 months old, and council staff say they are not necessarily a true reflection of a homes value.
The valuations showed an average drop of 9 percent across the city's 630,000 homes.
But they will be the basis of rates calculations over how to distribute payments among ratepayers.
Some have suggested that there might be better ways to work out how much each household should be contributing toward the cost of running the council.
So are CVs useful as a rating tool?
Kathryn speaks with Nick Goodall of Cotality, formerly CoreLogic.
