Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Transfund funding may ease pressure on rates

Transfund funding may ease pressure on council rates,
says Local Government New Zealand

“We welcome any additional funding from Government to assist councils, particularly in critical areas such as roading,” says Local Government New Zealand transport spokesperson and Mayor of Rotorua, Grahame Hall.

“Yesterday’s announcement by Transfund New Zealand of more funding for local council road construction projects and minor safety works has the potential to ease pressure of rates. Councils will be now able to do more road construction and minor safety works within their same budgets”.

Transfund New Zealand announced yesterday that it will increase its financial assistance to local councils by approximately $12 million from 1 July next year. Transfund currently gives financial assistance at different levels to councils, ranging from 43 percent to 85 percent. The announcement will result in each council having a five percent increase on its financial assistance rate for new roading construction.

“We look forward to working with Transfund on other transport projects which may lead to further increases in the levels of financial assistance,” said Mr Hall.

Ends Local Government New Zealand is the national voice of all 86 councils of New Zealand. For more information contact: Kirsty Anderson, DDI: (04) 924 1202 or email: kirsty.anderson@lgnz.co.nz (until 12pm 24/12/03), otherwise mobile: 029 924 1202.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news