Category: LGFA
LGFA
PopularOPINION: Hamilton City Council Borrowing to Increase
Sep 16, 2024 | Council Debt, Council Finances, Council Meetings, Hamilton City, Incoming Legislation, Law and Legislation, LGFA, New Zealand Issues, News, Opinion, Rates Increases, Three Waters
The government is allowing debt to rise to 500% of waters revenue for new “Local Water Done Well” Council Controlled Organisations (CCOs). There are also plans to increase the borrowing limit for high growth councils to 350% of council revenue.
LGFA
LatestOPINION: Hamilton City Council Borrowing to Increase
Sep 16, 2024 | Council Debt, Council Finances, Council Meetings, Hamilton City, Incoming Legislation, Law and Legislation, LGFA, New Zealand Issues, News, Opinion, Rates Increases, Three Waters
The government is allowing debt to rise to 500% of waters revenue for new “Local Water Done Well” Council Controlled Organisations (CCOs). There are also plans to increase the borrowing limit for high growth councils to 350% of council revenue.