December 2016
With the recent announcement of the 2017/18 rate peg increase of 1.5%, most councils must be wondering how they can remain sustainable given increased community demand and the greater increase in costs of service delivery: wages increased by at least 2.8% in 2016/17.
How will councils with forecast rate increases of between 1.75% and 3.0% in their Long Term Financial Plans balance books and meet the Fit for the Future sustainability targets?