Hamilton City Council votes to fund work towards creating new multi-council finance company

Summary The Local Government Funding Agency (LGFA), Local Government New Zealand (LGNZ), Cameron Partners, and “a group of metro councils” are planning to create a new finance company. This proposed new finance company would be a Council Controlled Organisation (CCO) and is called the Ratepayer Assistance Scheme (RAS). The RAS would largely function to loan … Continue reading Hamilton City Council votes to fund work towards creating new multi-council finance company