Wednesday, March 08, 2006

Another tax hike

The Press leads today with the news that Christchurch rates are about to take a 9.9 percent hike.

Christchurch homeowners face the largest rates rise in at least 20 years, with more financial pain feared.

Last month, the council decided on about $1.5 million of cost-cutting measures, including the possible closure of some suburban swimming pools and libraries. It also endorsed increased fees, notably in the cost of parking in the central city.

Cr Helen Broughton said the rates rise was too high, but she could not say where further cuts should be made.

She could look here. In December the salary of the Chief Executive was raised to $351,000 and a bonus of 8 percent paid. What was the bonus for? Keeping the ratepayer happy?

1 comment:

Anonymous said...

9.9% That's nothing. We're facing 15%, and that's down from what they started with!

http://stuff.co.nz/stuff/nelsonmail/0,2106,3595938a6510,00.html