10-05-2025, 04:49 PM
(10-04-2025, 11:00 AM)bravado Wrote:(10-04-2025, 10:18 AM)Momo26 Wrote: Thanks for everyone's input. I think I just feel similar to many others Including those that have paid into it decades longer than I have - there is mismanagement everywhere.
If every city in Canada and the US have the exact same financial story as us, it’s a bit bigger than just ”mismanagement”.
The fundamentals have been broken for a long time and bills from all those liabilities are finally coming due, right in time for the younger generations to shoulder the burden and get nothing for it.
It is mismanagement in a sense… but our politicians are just doing what the average voter likes: kicking the can down the road.
It's also NZ. "Rates" (municipal taxes) have been going up in the past few years and some people are mad about that, but it's also that the water infrastructure is falling apart. Also the NZ central government cancelled a thing that would have let cities borrow at better rates (because there would be co-governance with Maori under that plan) and so the rates are going to go up even more.
And yet, Wellington this coming summer is not panicking about potentially running out of water, because the pipes have been fixed to some extent, unlike in the past few years. (Oh, and the mayor was not an old white man, coincidentally.)

