Auckland councillors vote down alternative budget plan as debate continues
Lot Fuli's alternative budget holds rates down and keeps the airport shares.
Source: nzherald.co.nz
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Lot Fuli's alternative budget holds rates down and keeps the airport shares.
The vote passed 14 to 6 and will see millions of dollars of debt paid down.
'We do not need to own an asset that is not washing your face,' one councillor said.
Thursday's meeting ended without a decision, despite a partial backdown from the mayor on selling shares in the city's airport.
Auckland Mayor Wayne Brown has shifted his proposal to sell the council's airport shares from the full 18 percent stake to just 8 percent.