Zero rates plan scrapped as Christchurch council struggles to contain coronavirus fallout
Residents in Christchurch face a rates increase of between 3.5 and 5.5 per cent next year to plug a $90 million hole in the city council’s purse left largely by the coronavirus pandemic.
Hopes for a much-vaunted lowering of the increase to zero have been dashed, with staff warning the policy would cause “unprecedented” redundancies, jeopardise projects and flout direct advice from the Government.
The authority also faces borrowing more than $100m over the next two years to pay for its coronavirus response and make up for an expected $61.8m in lost dividends from the trading companies it owns.
Read more here.
lost keys.
Hi all
lost keys from cresswell ave to palms mall on footpath between 10 /1pm on last Monday if anyone has found them can you ring me on 021 1053496 hoping to get them back thanks
Helena
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