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Home > Checkpoint > 'All options' considered for cuts to fix Auckland budget hole - Deputy Mayor
Podcast: Checkpoint
Episode:

'All options' considered for cuts to fix Auckland budget hole - Deputy Mayor

Category: News & Politics
Duration: 00:05:51
Publish Date: 2022-11-07 04:07:00
Description: Auckland Council has indentifed a monster money pit in the shape of a $270 million budget shortfall for next year, leading to speculation a 12 percent rates bump could be on the horizon. It blames rising inflation and interest rates. The blow-out is $180 million higher than the $90 million previously forecast. The Mayor has signalled a forensic examination of spending and cost cutting is coming. Deputy Mayor Desley Simpson had this message for the city's ratepayers.  
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