$3.5m landfill loss to hit rates - News Summed Up

$3.5m landfill loss to hit rates


A projected loss of $3.5 million of operating surplus at the Green Island Landfill will affect rates next year, the Dunedin City Council says. The council says it needs a 6.5% increase in the rates take next year to maintain levels of service and deliver a balanced 2020-21 budget. An overview of the draft budget, published yesterday, said a rates increase of 4.3% would maintain existing levels of service but a further 2.2% increase was required to offset the losses at the landfill. A review of service levels would be incorporated into the development of the next 10-year plan, a report to be tabled on Wednesday said. The 2020-21 draft budget includes operating spending of more than $321.125million.


Source: Otago Daily Times January 24, 2020 15:34 UTC



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