Wellington City Councils ballooning debt at $290,809 millon and growning!
2007/08 Draft Annual Plan
Opening Gross Borrowings per LTCCP* are $259,173000 million
Opening Gross Borrowings per DAP are $236,610000 million
Closing Gross Borrowings per DAP* are $290,809000 million
2008/09
Closing Gross Borrowings leaps to $356,498000 million
In 2009/10
Closing Gross Borrowings leap to $374,598000 million
Set against these Borrowings will be increased costs of transport and heating ( Gas and electricity) not to mention our food, mortgage and rent.
This is the next 3 years!
Are you happy about this?
Bryan Pepperell
* DAP = Draft Annual Plan
* LTCCP = Long term Council Community Plan
Opening Gross Borrowings per LTCCP* are $259,173000 million
Opening Gross Borrowings per DAP are $236,610000 million
Closing Gross Borrowings per DAP* are $290,809000 million
2008/09
Closing Gross Borrowings leaps to $356,498000 million
In 2009/10
Closing Gross Borrowings leap to $374,598000 million
Set against these Borrowings will be increased costs of transport and heating ( Gas and electricity) not to mention our food, mortgage and rent.
This is the next 3 years!
Are you happy about this?
Bryan Pepperell
* DAP = Draft Annual Plan
* LTCCP = Long term Council Community Plan
posted by pepptalk at 1:59 PM
2 Comments:
-----Original Message-----
From: Michael Gibson [mailto:michaelpcgibson@hotmail.com]
Sent: Tuesday, 13 March 2007 8:03 a.m.
To: Bryan.Pepperell@wcc.govt.nz; bryanpepperell@paradise.net.nz
Subject: RE: Emailing: wellington-city-councils-ballooning.htm
Bryan - a brilliant bit of 'neo-malapropriety'!! I am certainly "groaning"
about this one!
With my best regards,
Michael
From: Burma Road Tyres [mailto:burmardtyres@xtra.co.nz]
Sent: Wednesday, 14 March 2007 12:54 p.m.
To: BRYAN PEPPERELL
Subject: Draft Annual Plan -THE DEBT BURDEN FOR ALL WELLINGTON CITIZENS NOW AND FUTURE.
Oh how wonderous the Wellington City Counciloors are at creating debt. It is not their money. The Wellington City Council Banking Corporation is so good at spending . Pity the newspapers dont headline the facts - I mean HEADLINE- what is really going on in Council. Oh I forgot: the hundreds of thousands of dosh we, the ratepayers, spend on the self congratulary newspaper "advertorial" full page activities of the WCC in order to create "feel good" news is simply too much income to lose if the newspaper hacks really had the intestinal fortitude to publish and headline criticisms. So much for the Fourth Estate. Vryn
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