A discussion with Waitaki Mayor Mel Tavendale about a proposed 45% rate increase driven by a $14 million operating deficit, primarily due to unfunded water program depreciation and a large capital works program, with ongoing community consultation and concerns about long-term sol
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Uh we're looking for feedback. Essentially, obviously, um unfunding our water depreciation is an option. It does kick the can down the road. It doesn't fix the problem. Um personally where I'm sitting is in a nineteen percent conversation. What that's looking at is an increase in the two percent that we're seeing already through our budgets.
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unfunded and deferred financial burden
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