Auckland Council will be posting out the 2013-2014 rates bills this month which will include an average rate increase of 2.9% across the region. For most property owners in our community, myself included, we are likely to be hit with another harrowing 10% cap on our rates bill as we come to the final year of the regional rates equalisation. However, I was shocked to read in the 2011-2012 Annual Report that the total Auckland Council Group’s debt had gone from $6 billion to $7 billion. AUCKLAND we need to have a financial policy that has an agreed rates target to aim for and agree on a debt ceiling. Aucklanders should not be paying rates to pay interest on debt. As a region we need to live within our means. Watch my latest video on affordability: youtube/watch?v=bp3U5jE8M2E&feature=c4-overview-vl&list=PL5AezwYkxVtahxm2TUNSBsD8_QA60Owzg
Posted on: Sun, 23 Jun 2013 21:14:33 +0000
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