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19 Mar 2025 15:07
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  •   Home > News > Business

    Auckland's local boards are off the hook for now, on bearing the brunt of a multi-million-dollar deficit

    Auckland's local boards are off the hook for now, on bearing the brunt of a multi-million-dollar deficit


    All 21 board chairs jointly wrote to Mayor Wayne Brown, rejecting cost-cutting proposals.

    They would have forced boards to hunt for savings - at the expense of community services and events.

    Council Group Chief Financial Officer, Ross Tucker, says after discussions with the Mayor, they'll now treat the coming financial year as transitional - and board funding won't be reduced or redistributed.

    Tucker says staff will continue to work with boards on enduring solutions from 2026.

    © 2025 Newstalk ZB, NZCity

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     19 Mar: Dairy prices are unchanged, at this morning's Global Dairy Trade auction
     18 Mar: Fiscal services are being urged to reach out to younger generations struggling with money
     18 Mar: Dairy farmers could be in for two consecutively good seasons for the first time in 25 years
     18 Mar: Dairy farmers are being urged to pay down debt, while they're in a good position to do so
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    BUSINESS BUSINESS
    Global trade tensions and ongoing cost-of-living pressures have overshadowed the economic outlook More...



     Today's News

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    International:
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