Dawn chorus: Council funding review eyed
LGNZ Chair Stuart Crosby lets slip Govt to announce review of councils' guiding legislation and provision of "sustainable funding streams"; Councils face rates revolts next year without reform
TLDR: The Government looks set to announce a major review of councils’ guiding legislation and funding streams as it grapples with a fundamental mismatch between its aims for new housing and the intransigence of voting ratepayers wanting low rates and low debt.
Essentially, it can’t solve the housing supply crisis without the approval of council electio…
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