Towncentre Taupō is a member-based organisation which promotes Taupō’s central business district as a safe and vibrant space. Its work is supported by Council via a targeted rate which is paid by more than 500 Towncentre Taupō members as part of their annual rates.
The Towncentre Taupō rate pays for services that enhance and develop the social and economic wellbeing of the Taupō central business district. It is assessed on each separately-used or inhabited part of industrial or commercial rating units within the defined central business district part of Taupō town.
Towncentre Taupō’s costs have increased while the sponsorship it would normally secure for some of its events has also diminished. At the Towncentre Taupō AGM in September 2023, a $12,950 increase to its 2023/24 budget was approved by the members – from $185,000 to $197,950 – representing a 7 percent increase to the targeted Towncentre Taupō rate for the 2024/25 year.