Mahe Drysdale: Tauranga's mayor looking for solutions to improve council's books
Heather du Plessis-Allan Drive · Newstalk ZB
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Show Notes
Tauranga's mayor is hoping some of the public have suggestions of how the council can balance its books.
A Government-imposed rates cap means, from 2028, councils will only be allowed to increase rates 4 percent at most.
Tauranga Council is forecasting a 5 to 11 percent annual rise.
Mayor Mahe Drysdale says it's already cut $38 million, but it isn't sure where more to cut.
"The big items are things like depreciation, interest - if you build infrastructure and you borrow money, those costs effectively just come out the next year."
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