Any the wiser?
To date two main reports have been published on the financial implications of Wairarapa becoming a separate unitary body in the proposed unification of the current nine local bodies in the lower North Island. Each report predicts widely differing outcomes.
The Martin Jenkins (MJ) report ,commissioned by the current Wairarapa councils, predict an operating expenses over income shortfall in delivering services of $1.8 million. This would result in an equivalent additional $78 rise in the 23,000 Wairarapa rateable properties.
The PricwaterhouseCooper (PwC) report, commissioned by the Greater Wellington Regional Council, predicted a deficit of $7.9 million dollars requiring a $344 per property rise – plus a further $2.6 million if the current cost of public transport was added, a $457 per property rise. … Continue Reading
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