Page 14 - 16133 Ten Year Plan

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What’s going up
Hamilton Zoo admission fees
Overdue and reserved book fees at
Hamilton libraries
admission fees at Hamilton pools
building and planning fees
Dog registraton fees
building consent fees
LIM fees
burial and crematorium fees
Pensioner housing rents
Park fees and hire charges
Commercial water metering fees
New fees for roading corridor access
requests and trafc management plan
applicatons
New fees for individual trade
waste consents
New fees for wastewater tanker
disposal
Debt
by June 2012 the Council expects to owe $400
million - or about $7500 per ratepayer. Five years
ago that fgure was $143 million and $2800 per
ratepayer.
by June 2013 debt will reach about $2.50 for every
dollar the Council collects in rates, user charges
and other income streams. Council agrees this is
too high.
Debt has been capped at about $440 million for
the next 10 years and we will also look at selling
assets to reduce the debt balance. In the frst two
years of this plan there is a small debt increase
caused by contracts we are already commited to,
and the need to look afer existng facilites and
infrastructure.
at the end of 10 years it is planned that Council will
be borrowing about $1.80 for every dollar collected.
The details of how this will be achieved can be
found startng on page 22.
0
100
200
300
400
500
$M
Total Overall Debt
H a m i lt o n C i t y C o u n C i l
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