Submission
Which option do you prefer?
Option One – Council's preferred option – Sale of Aurora Energy
Further comment
Because of the debt the DCC has and the proposed by an up to 19.4% increase in Rates I can see no other alternative but to market these Aurora shares. Along with selling the shares I would like the DCC to re-evaluate the rate charges. This is by the 2024/25 year to focus the spending only on projects that are needed. (eg around 3 waters projects). Postphone the "wants or would like" projects until the finances of the DCC are back on track. Eg Cycle ways beautification of Parks and walkways etc in this want category. Budget to have the rate increases coming in at a maximum of 8% on the 22/23 rate year. This way the ratepayers can see the change the council is doing to reduce less priority spending at the same time carry out the projects that have an urgent need to be completed (eg 3 waters upgrades) Hopefully the DCC can avoid a negative result from the sale of shares and paying down debt along with doing the urgent need items that should be able to be easily identified. Thanks for reading this.
Supporting information
No associated documents with this submission.
Submitter
Submission id number: 1037705
Submitter name:
Malcolm Anngow
Organisation