Federated Farmers Submission for Taupo District Councils Long Term Plan
We support the general restraint shown by the Council and the Council’s financial management and budgetary performance and we congratulate the Council on the past few years’ systematic reduction of debt obligations.
However, we have concerns about the change in the upper limit of permitted rates increase. The previous limit was LGCI + 1% and the Council is now suggesting LGCI + 1.5% as the maximum increase. The idea of a limit is that it is a line that cannot be crossed. A limit becomes meaningless if it can simply be moved to suite. We seek that the limit remains at LGCI +1%.
For more, please see the full submission