Asset sales, a petrol tax and higher development levies on new homes are all part of the mayor Phil Goff’s plans to fund a huge rise in transport and environment spending.
Auckland Council plans to spend $24 billion to $25b on projects including roading and rail over the 10 years to 2028, a substantial rise in the $18.7b former mayor Len Brown planned to spend in the decade to 2025.
Goff said the plan was necessary to turn Auckland into a world class city, but it comes at a cost to ratepayers, who face new charges and costs designed to raise money while limiting rates rises.
But one of the planned fund-raising plans could make it more expensive to build the new homes Auckland desperately needs.
from Ellie NZ Rss http://www.stuff.co.nz/business/99393347/Asset-sales-petrol-tax-and-house-building-levies-to-fund-Auckland-Councils-spending-plans
from
https://ellieplume83.wordpress.com/2017/11/30/asset-sales-petrol-tax-and-house-building-levies-to-fund-auckland-councils-spending-plans/
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