Monday, 2 March 2020
1.32 pm
DCC companies lose $882k and debt climbs
Debt across DCC has climbed from $647 million at the end of 2018 to $739 million at the end of last year.
https://www.odt.co.nz/news/dunedin/dcc-companies-lose-882k-and-debt-climbs
Monday, 2 March 2020
Framing of spending criticised
.....Cr Lee Vandervis took issue with the council’s message that an overall rates increase of 6.5% was required "in order to maintain levels of service".
He pointed to a $4,833,000 increase in staff spending — 56% of the council’s budgeted increase in spending — and asked, with inflation about 2%, whether it would be more appropriate to say "to enable these very significant staff increases" in the public consultation document.....
....On February 13, the Otago Daily Times asked the council 12 questions relating to the draft budget, the increase in spending, and the addition of 27 full-time equivalent staff.
Those questions remain unanswered.
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