3
WE’RE
SERIOUS
ABOUT
CUTTING COSTS
On the next page are the changes the Council wants to
make to save money. By year three we will be
SAVING $15
MILLION
compared to last year’s budget – or 10% of our
operatng costs – and greatly reduce our reliance on debt.
Some changes in the draf 10-Year Plan
involve cuts to the services the Council
provide. Others include projects the
Council would like to do but can’t
afford at the moment.
These cuts have been suggested
because we believe they will have the
least impact on the community. There
are also cuts proposed to funding
grants and some user charges will go up.
There’s also a list of new projects that have got the Council’s
go-ahead and informaton about the work that is ongoing in
the city to maintain our facilites and keep up with growth.
Don’t forget this is your opportunity
to tell us what you think about
these proposed changes.
to run our
city for a year
It costs around
-25
-20
-15
-10
-5
0
5
10
15
$M
The Council has been run at a loss for the past five years. We
now propose to return the budget to surplus within five years
by spending less. This will allow new assets and upgrades to
be paid for without the same amount of borrowing.
BALANCED BUDGET
g