Down On Rates

Hastings is ready for a new era. We'll tackle debt, boost our economy, and ensure core services are delivered efficiently. Our focus: making Hastings thrive for everyone.

 

Addressing Council Debt and Fiscal Responsibility

 

Hastings District Council faces significant financial challenges, with debt continuing to rise. Currently, the council is borrowing funds just to repay existing debt.

The recent cyclone had a major impact on Hastings, and its financial ramifications will be felt for the next 16 years. To address this, we will implement an unprecedented level of scrutiny on the council's budget. Our team will bring additional expertise to the governance table, ensuring we can balance necessary rate increases with maintaining Hastings as an excellent place to live.

Our "back to basics" plan prioritises delivering essential services efficiently and affordably. This means ensuring our infrastructure is robust and that new projects are completed on time, within or under budget, and built to last their expected lifespan.

Rate increases have been substantial: 19% in 2024, 15% this year, and a proposed 10% for next year. Despite these increases, council debt is projected to grow, leaving no financial reserves for future crises. We must find operational savings—both internally and across all our project commitments, including routine operations and cyclone recovery efforts.

While the past few years have seen rising inflation and interest rates, we are now observing increased competition and more favorable pricing for projects. This presents a significant opportunity to achieve more for less.

A proactive, "can-do" council will achieve this by:

  • Vigilantly monitoring our budget.
  • Revising tendered council works.
  • Securing savings through region-wide procurement.
  • Increasing non-rates revenue opportunities.

Read my opinion piece on debt here - https://www.damonharvey.co.nz/tackling-council-debt-is-vital-for-rate-payers/

Endorsements

Vote Damon Harvey