He’s amazingly stubborn our Len. ¬†He’s come up with a new way not to make rates go up. ¬†Invent a new one
Aucklanders could pay a new charge on top of rates to fund transport projects.
A “targeted rate” is one option being considered by an independent group looking at alternative funding measures to plug a $12 billion-plus transport funding gap over the next 30 years.
Evaluating road tolls and fuel-tax rises and traditional funding methods such as rate rises and targeted rates is the job of the group due to report to the council next month.
The Herald understands that the independent alternative transport funding group is leaning towards motorway tolls. It will also provide options for targeted rates and extra rates rises.
On Wednesday, Transport Minister Gerry Brownlee reiterated the Government’s pre-election position that there would be no regional fuel taxes or tolling of existing state highways in Auckland.
Auckland Council cannot introduce motorway tolls or a regional fuel tax without government approval.
Len needs $12 billion. ¬†And he’s coming to get it come hell or high water. ¬†Thank goodness he can’t introduce transport related taxes / levies / rates without government approval, otherwise you wouldn’t need an iPredict stock to tell you what would happen. ¬† Read more »