$1.4m in savings found

Overheads, power targeted in review

Last updated 14:44 12/02/2013

Relevant offers

An activity and service review at New Plymouth District Council has identified $1.4 million in savings for next year. 

If implemented, the savings would cut the 2013/14 rates increase from 6.6 per cent to 4.6 per cent. 

The bulk of the savings will come from council reducing its overheads by $603,000 and electricity use by $300,000.

The $850,000 major events fund that helped bring such acts as Fleetwood Mac, Elton John and Jack Johnson to New Plymouth is proposed to be reduced by $200,000.

It is also recommended the controversial $28m TSB Stadium upgrade, pegged to start in 2015, be reconsidered in the 2015-2025 long term plan. 

The review also recommends the council drastically reduce how much it takes from its $227m perpetual investment fund next year from $17m to $10.7m.

Public submissions on the proposed savings will be sought through the annual plan process, with council first debating the draft plan next week. 

Ad Feedback

- Taranaki Daily News


Special offers
Opinion poll

Will Aaron Cruden's omission hurt or help the All Blacks?

Hurt - he needs as much game time as possible.

Help - finally Beauden Barrett will get a proper run.

Hmmm - no biggie, just a temporary hitch.

Who is Cruden? I support the All Whites.

Vote Result

Related story: Senior All Blacks 'pretty disappointed' in Cruden

Featured Promotions

Sponsored Content

Follow the Taranaki Daily News on Twitter

Get Taranaki's frequent news and sport updates

TDN North Taranaki Midweek

The North Taranaki Midweek's online

Get your mid week news fix

TDN South Taranaki Star

South Taranaki Star online

Get your South Taranaki news online