A 4.9% rates increase was confirmed at a Dunedin City Council meeting yesterday.
The council adopted its long-term plan 2012-13 to 2021-22 and confirmed rates for the next financial year, after a consultation process that attracted nearly 1000 people wanting to have their say on the future of the city.
Crs Paul Hudson and Lee Vandervis voted against adopting the plan, the latter saying he could not support the extra $43 million net debt the council planned to borrow in 2012-13, mainly for large capital projects, including the upgrade of the Dunedin Centre and the Tahuna wastewater plant.
