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Mahe Drysdale: LGFA increases borrowing capacity for select councils

Publish Date
Sun, 24 Nov 2024, 3:45pm
Photo / File
Photo / File

Mahe Drysdale: LGFA increases borrowing capacity for select councils

Publish Date
Sun, 24 Nov 2024, 3:45pm

The Local Government Funding Authority has allowed "high-growth" councils to borrow more. 

The move is in hopes that councils will be able to deliver projects more efficiently.

Auckland, Tauranga, and Hamilton are just a few of the councils thought to be eligible for the increase. 

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