Timaru District Council reaching its debt to income ratio ceiling stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
“We set the provisional level at that rate of 210 per cent because we knew there would be challenges in the future.” Bowen said it would be the first time that the council had reached its self-imposed debt ceiling, but “borrowing is cheap at the moment”. Council spokesman Stephen Doran said the limit is projected to be reached in 2027. The agenda gives no timeline for the limit saying only that “it was noted that if all items are approved, and with the reduced Waka Kotahi funding, council’s debt will be at the maximum according to council’s treasury management policy”.
Cartoon-style Government advertisements about its three waters reform programme have been slammed as disappointing, overly negative and unsophisticated.
Thursday, 24 June 2021, 11:03 am
Hamilton City Council wants government funding to help
provide civics education in high schools.
At today’s
Council meeting, elected members unanimously agreed to put a
remit to the Local Government New Zealand (LGNZ) conference
next month, asking for support from the sector. Already nine
councils, including neighbouring Waikato District Council,
have backed the proposal which would see more young people
learn about how councils function.
Mayor Paula
Southgate, who proposed and led the remit, said there was
nothing to lose and everything to gain from helping young
people be better informed and more involved in their local