Wednesday, June 23, 2010

rates rises and perplexing predictions

Was intrigued by an article in the Western Leader saying the final budget by Waitakere City Council this Friday will contain rates rises that are "a lot less than predicted".

So who's been predicting larger rates rises than those we're going to get?

If it's not someone in Council, then why would we care about their prediction?
And if it's someone in Council, the following questions should be answered:
- what projects / spending has been scrapped? and/or
- was it simply poor planning / budgeting in the first place? and/or
- why do we (always) get rates rises greater than inflation ... particularly in a recession?

The WCC's final budget on Friday may make interesting reading. Watch this space!

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