Official Information Request - Debt levels
Sent: Thursday, 26 May 2022 11:17 am
Subject: LGOIMA request - debt levels
I refer to your LGOIMA request of 25 May 2022 regarding debt levels, and respond below as per your request:
- What is the current level of debt? $297 million
- What is the level of debt projected at the end of this financial year? $297 million
- What is the level of debt projected for the end of the coming financial years in the LTP?
As reported to Council at the Strategy Policy & Finance Committee meeting on 10 March 2022 as part of the Long-term Plan year 2 Delivery discussion, below is a graph that shows projected debt for the duration of the 2021-2031 Long-term Plan:
You have the right to seek an investigation and review by the Ombudsman of this decision. The Ombudsman’s Office can be contacted by calling 0800 802 602, emailing email@example.com, online at www.ombudsman.parliament.nz, or by post to The Ombudsman, PO Box 10152, Wellington 6143.
Publication of responses to LGOIMA requests
Please note: Our LGOIMA responses may be published on the Rotorua Lakes Council website after they have been responded to, with requesters’ personal details withheld. If you have any concerns about this please contact the Council on firstname.lastname@example.org