Christchurch schools bill could top $1b

Last updated 10:29 13/05/2012

Relevant offers

Christchurch earthquake

Tower Insurance chairman Michael Stiassny expresses frustration at claims holdouts 'Quake brain' blamed for Cantabrians' weak memories and poor direction - study Red Cross pays out $98 million in cash grants since Canterbury earthquakes Major artwork gifted as a legacy for Christchurch quake victim Clip art: A visual Christchurch earthquake story New plans submitted for red-zone water facility Manslaughter charges the only option in CTV building earthquake case Canterbury earthquake memorial 'a place to grieve and hope' - English Before, during and after: See how Christchurch has changed 'It brought tears to my eyes': Quake memorial opened to emotional families

The Government says the cost of repairing Christchurch's quake-damaged schools and tertiary institutions could exceed $1 billion, and insurance may not fully cover the bill.

The draft plan for renewing the South Island city's education system says nearly half of the area's 215 state and state-integrated schools need major repairs, reported Radio New Zealand.

Twenty-nine schools need new buildings because of roll growth and 31 face significant rationalisation because they have fewer students.

The plan says that work will cost between $500 million and $750m over 10 years and repairs to public tertiary institutions will cost a further $300m.

It says insurance will cover only some of the work and the shortfall will have to be met from existing reserves and capital budgets, new government spending and reducing the number of facilities.

Ad Feedback

- The Press

Special offers

Featured Promotions

Sponsored Content