Falling carpark revenue and last year's wet winter have Wellington City Council's deficit, forecast to increase by more than budgeted for
Falling carpark revenue and last year's wet winter have Wellington City Council's deficit, forecast to increase by more than budgeted for
30 May 2023
The council's most recent quarterly report from January to March, estimated a total deficit of 92.6 million dollars, up from 79-million.
It describes 2022 as a challenging year with inflation and resourcing pressures.
Parking revenue's down 5.6 million dollars on the year to date, partly due to more people working from home.
The quarterly report also reveals half of the council's 16 significant projects have faced problems ranging from supply issues to poor weather.
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