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

Gordon Campbell: On The Case For Nationalising Our Urban Bus Services


When it comes to funding and managing public transport, should local government or central government bear most of the responsibility for delivering a quality service? Ratepayers or taxpayers? Those basic questions re-surfaced yesterday, after the government announced its intention to scrap the Public Transport Operating Model (PTOM) imposed by the last National government in 2013. That model had required councils to use private contractors to run the buses, via a cut-throat competitive tendering process...
More>>




 
 

Privacy Commissioner: Public Input Sought To Inform Privacy Rules For Biometrics
Privacy Commissioner Michael Webster is encouraging New Zealanders to have their say on the use of biometric information in Aotearoa New Zealand... More>>

National: Food Prices Climb Taking Kiwis Backwards
Kiwi families continue to battle runaway food prices, National’s Finance spokesperson Nicola Willis says... More>>



Transport & Infrastructure: Have Your Say On The Future Of Inter-regional Passenger Rail In New Zealand

The Transport and Infrastructure Committee has opened an inquiry into the future of inter-regional passenger rail in New Zealand. The aim of the inquiry is to find out what the future could hold for inter-regional passenger rail... More>>



Government: Creating Sustainable Public Transport For All
Workers and public transport users are at the heart of the new Sustainable Public Transport Framework, Transport Minister Michael Wood announced today... More>>

Government: Tax Break To Boost Long-term Rental Supply
The Government is encouraging more long-term rental options by giving developers tax relief for as long as the homes are held as long-term rentals, the Housing Minister Megan Woods has announced... More>>


National: NZ Migrant Arrivals Hit Lowest Mark Since 1990s
Today’s net migration figures show that Labour has failed to deliver the desperately needed skilled migrants they promised, meaning labour shortages will persist into the future, National’s Immigration spokesperson Erica Stanford says... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels