Matamata Stadium
What has increased
We made a commitment in 2018 to Matamata Futures Trust to provide $2 million towards a new indoor stadium for the community, located at Matamata College.
Once it is complete, Council will be the majority owner of the stadium and the Ministry of Education will own the balance. The facility will be managed by Council.
Why are we proposing to increase funding?
As the project planning progressed and costs increased, the project governance team requested an increase in Council’s contribution, to $3 million.
The timing of this funding was always subject to Matamata Futures Trust raising the balance of the funds required, with Council’s contribution to be made once construction began. It was initially expected to begin in 2023, but project and funding delays meant that this funding was not drawn down until 2024.
We’re not seeking feedback on this as we consider it a MUST do project, as it is already well underway. It’s in this document for transparency because we think it’s important that people understand the key projects that are driving up our costs.
We had previously budgeted to contribute $2m of funding in 2023/24, subject to Matamata Futures Trust raising the balance of the funds required.
Standard of service we would provide:
Improvement in access to sports facilities in the district.
Impact on debt:
$2 million from 2023/24.
Average additional operating costs:
$108,000 from 2023/24.
Average additional operating costs per property per year:
$4.42 from 2023/24.
$3m towards the stadium in 2024/25.
Standard of service this would provide:
Improvement in access to sports facilities in the district.
Impact of debt:
$3 million following completion in 2024/25.
Average additional operating costs:
$489,000 following completion in 2024/25.
Average additional cost per household per year:
$19.97 following completion in 2024/25.
Other projects that have increased
Waste water treatment plant upgrades
We own and operate five wastewater treatment plants that take sewage and wastewater from your home and clean/treat it before putting it back in the environment.
Read more...
Morrinsville stormwater upgrades
More frequent and severe weather events are impacting our communities and underlining the importance and urgency of acting now.
Read more...
Resource recovery centres
Separating our waste streams (e.g. e-waste, batteries, green waste, food waste, hazardous goods) – keeping these things out of landfill, is good for our environment and for our climate.
Read more...
