Reply To: Not taking up the rate peg

#25318
Robert Hay
Participant

    The Hills

    Hi Matt

    I would also counsel heavily against it, for the reasons Andrew provided, it would be pretty hard to get and SV if you had to advise IPART you didnt take the full peg. It also goes against

    8B Principles of sound financial management in the Act.

    (d) Councils should have regard to achieving intergenerational equity, including ensuring the following—
    (i) policy decisions are made after considering their financial effects on future generations,
    (ii) the current generation funds the cost of its services.

    Cheers
    Robert