How the city council can extract more funding from the government instead of taxing ratepayers is the subject of a public workshop today.
Today's session open to the public is part of a series of briefings to provide city councillors with accurate and detailed background information in order to develop the Long Term Plan.
The financial strategy workshop will explain how the current local government funding model provides limited revenue opportunities outside of rates and user fees, and that councillors and staff need to consider a different financial strategy to address the increased costs of population growth, legislative and regulatory expectations, and staged infrastructure projects.
The LTP sets the Council's vision, direction, work programme and budgets for the next 10 years, and is revised every three years.
The process enables the council to consider and balance the major issues facing the city, and the opportunities to deliver positive outcomes for the community in the next 10 years.
The task facing council staff is how best to deliver an LTP that will provide a higher standard of living for all, while working towards delivering an internationally competitive city that balances economic, social, cultural and environmental wellbeing.
The public are able to listen today, but the response will be when the Long Term Plan Consultation Document goes out for public consultation in March next year.