30 April 2025: Tarawera sewerage scheme

Media: Local Democracy Reporter

Topic: Funding options for Tarawera Sewerage Scheme

Enquiry

Follow-up enquiry from yesterday regarding options proposed for funding of the Tarawera Sewerage Scheme:

can I please double check why status quo lump sum is $50,315 and 25 year option is total $97,475?

Response

We provided the following information:

The 25-year amount includes the cost of capital (ie cost to council of holding that debt on its balance sheet for 25 years)