Waipā Council 'Clock-Up': A Huge Budget Blowout
Waipā District Council has set the hands of fiscal irresponsibility spinning with the historic town clock refurbishment in Cambridge. Originally budgeted at a modest $450,000, this project has wound up to an astounding $721,000.
Investigations Coordinator at the Taxpayers’ Union, Oliver Bryan, said, “The Council seems to be aiming for a Guinness World Record in money burning. We’re not just talking about tightening a few screws here – this is the Big Ben of budget blunders.
“It would take several ratepayer lifetimes, about 225 years, to cover the cost of this towering mistake. It’s almost as if the Council expects residents to pay a ‘time tax’ spanning centuries, a fiscal legacy that outlasts the very clock they’re attempting to preserve.
“This isn’t just a wake-up call; it’s a siren. It’s high time the Council reset its priorities. This is not just a blow to the budget; it’s a blow to the trust that the community places in the council to manage their rates wisely.
“The Council needs to wind back this project and rethink their approach before Waipā ratepayers find themselves with higher rates and a never-ending debt spiral.”