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:
