Submission Details

Our Approach to Rates and Debt

What do you think we should do?

Alternative option: Borrow money to help cover the high increase for the year ahead?

Do you have any comments?

I might be getting confused but the incoming Government campaigned on removing 3 Waters and allowing local authorities to borrow over a 25/30 year period for infrastructure programs, example is waste water upgrades which you would expect to be sustainable for 25 years (excluding population growth enhancements which should be funded by developers) What happened to this commitment that you can only borrow over 5 years instead of 25/30 years?

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