The Taxpayer’s Union have not got this Pledge right and have email-bombed Elected Representatives with it.
Subject: Re: Ratepayer Pledge: Can we promote you in our ‘How to Vote’ guide?
My reply –
Dear Sam,
I would have liked to sign the pledge for #2 and #3, but #1“exceed the level of inflation and population growth.” is two different numbers and dumb anyway because a rates cap without a debt cap is moronic.
I am Chair of DCC Finance and Council Controlled organisations and a long-term battler against these ludicrous Rates and DEBT increases mainly caused by poor value spending.
See leevandervis.com for details and DCC Debt graphs.
In answer to my publicly videoed 9 Year Plan question, ‘What would next year’s 10.7% rates increase need to be to cover budgeted expenditure without adding $120 million to the debt?’, the DCC Chief Finance Officer confirmed that the rates increase would have had to be 58%!
Our monopoly print media ODT did not put this on the front page, but you can check the DCC YouTube video yourself.
Rates cap without Debt cap is pointless as they are interdependent.
Kind regards,
Cr. Lee Vandervis
