Auckland Council’s budget committee has voted for a proposal to increase rates.
Mayor Len Brown said at a meeting this morning that he supports the proposal, which would see rates rise up to 3.5 per cent.
Auckland Council voted 16-7 in favour of the overall rise. Councillor Bill Cashmore said that 2.5 per cent isn’t sustainable with the population increase of 2.4 per cent annually.
Mr. Brown told the committee he could not see a way to keep rates below a 3.5 per cent annual increase for each of the next 10 years.
Councillors also debated the $2.4 billion City Rail Link project, which is due to begin in 2016.
Mr. Brown said the project will be funded by borrowing, resulting in $90 million in interest payments.
Listen to an audio version of this news report below:
He has a keen interest in politics and the law system but often looks out for the communities stories.
He lives on the North Shore and has a passion for wrestling.
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