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Mahe Drysdale: LGFA increases borrowing capacity for select councils
The Local Government Funding Authority has allowed "high-growth" councils to borrow more.
The move is in hopes that councils will be able to deliver projects more efficiently.
Auckland, Tauranga, and Hamilton are just a few of the councils thought to be eligible for the increase.
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See omnystudio.com/listener for privacy information.
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By Newstalk ZBThe Local Government Funding Authority has allowed "high-growth" councils to borrow more.
The move is in hopes that councils will be able to deliver projects more efficiently.
Auckland, Tauranga, and Hamilton are just a few of the councils thought to be eligible for the increase.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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