Tauranga residents and ratepayers should reflect on Tauranga Council's news that it intends to amalgamate its failing institutions Tauranga City Venues with Tauranga City Aquatics into a single lemon.
The rationale for this attempt to fly under the radar is probably that these CCO's are failing so badly financially there is nowhere left to hide, smoke and mirrors and creative accounting won't work any more.
Just ask yourself, do elected TCC Councillors have any clue when 20 of our rates are gobbled up on these lemons when surely Council needed to take back both operations and bite the bullet. Currently TCC takes our rates money and gives us little other than increased debt in return.
S. Paterson, Arataki.
3 comments
Rates hit hard
Posted on 22-02-2013 16:15 | By YOGI
Agree, at least 20% of annual rates goes to prop up these lemons, like the tyre around the neck Councillors have saddled all with these lemons, merging them into one will not lessen the pain at all now or in the future.
Hide them in TCC?
Posted on 22-02-2013 20:14 | By PLONKER
Not sure that is a good idea, that will mean that the costs will be hidden even more than they are now, they will be merged into the whole massive whole that is TCC. At least now we can see just how bad it is.
Companies
Posted on 24-02-2013 09:15 | By TERMITE
So these two large lemons have recently been reported as costing $20 million or more annually to Tauranga ratepayers, where is the justificiation for this? What benefit do ratepayers as a whole receive for this large cost each and every year?
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