It is set to increase its rates take from $30,717,000 to $31,835,000, representing a 3.64% increase.
Rates would outpace inflation for the first time in several years, council finance and corporate development group manager Paul Hope said.
``As opposed to the last three years when it's been 2% or less than 2% ... and now it's a wee bit above - and most of it is to do with investment in roads,'' he said.
The 3.64% rates rise next year comes after the council consulted on a 3.67% in its draft 2018-28 long-term plan.
Waitaki Mayor Gary Kircher said he believed the rates increase would be ``below average as far as increases go'' compared with other districts.
``We've tried to strike the balance between one that's fiscally prudent and one that allows us to progress the district and I believe we've found that balance reasonably well,'' he said.
``When you look at other districts I think we do stand pretty well amongst them.
``We are growing the rating base, albeit slowly, that's helping to spread the load and our long-term plan is designed to help further that.''
