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Wellington's water woes blamed on funding problems


The council had been collecting money for repairs to the ageing water network, Foster said. However, some of this had gone into other water projects, such as a new reservoir and sewage treatment plant, rather than being used for replacing antiquated pipes.
The pipes are getting older and for one reason or another, Wellington Water has not been getting adequate funding to be able to do the work it needs to do, Foster said.
We will make sure we ring fence money for renewals… so we are starting to get on top of this, rather than running to catch up. ....

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Wellington.scoop.co.nz » Andy Foster thinks more money is needed for replacing old pipes


Kara, 29. January 2021, 19:38
By not wasting money on the convention center plenty of funds will be available for fixing the pipes which are much more important.
 
TrevorH, 30. January 2021, 7:40
A good case can probably be made for redirecting ratepayers’ money levied for pipe renewals to other 3 waters projects such as the new reservoir. But that is by no means the whole picture. On 16 January Mayor Foster wrote (in a comment) on Wellington Scoop:
“The way renewals funding works is that the depreciation is effectively used to pay down debt. That allows capacity to borrow for replacement assets. (in this case pipes). However that capacity could also be used for purchase of other assets or to pay down debt. Those new assets could be waters related (eg new sewage plant or reservoir) or non water related (eg upgraded and strengthened Town Hall.” ....

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