Down On Rates

Rates continue to rise higher than inflation and we need to minimise the impact on residents. It's vital that we do the best we can for the rate payer and that includes affordability of rates.

 

Council is in huge debt and it will continue to climb. This means that we as ratepayers will be asked to pay more. It's my view that rates are already unaffordable and this situation will get worse for many residents.

Council has to focus on important must do's not 'nice to do's'. We need to ensure our infrastructure is in order and we need to ensure that new projects are delivered to budget (or under), on time and last their expected lifespan.

Rate rises for the next three years are - 19% in year 1, 15% in year 2 and 10% in year three. At the same time council debt will continue to grow and there's no financial buffers should another crisis happen. We need to look at making operational savings - both internally as well as with our project commitments - both business as usual contracts and cyclone recovery.

The last couple of years has seen inflation and interest rates rise. Today we are seeing greater competition and fairer pricing for projects - this creates a significant opportunity to get things done cheaper.

A ‘CAN DO’ council will do this by watching our budget, revising tendered council works, saving on region-wide procurement and increasing non-rate revenue opportunities.

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

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