Horowhenua Council Debt 'Horrendous'

August 8, 2018

Horowhenua Mayor Michael Feyen says more work is needed to remedy the Council’s debt, which has spiralled by $22 million in a year to $99 million.

 

Mayor Feyen told Beach FM yesterday that it’s horrendous for a community of 30,000 people, to have a debt similar to that of Palmerston North.

 

“If anybody knows me that was one of the targets for getting elected into office as Mayor, to really have a look at the finances,” he says. 

 

“It is horrendous for 30,000 people to have a debt like that.”

 

The Horowhenua District Council debt is the equivalent of $3,300 per person in the region.

 

Mayor Feyen says a full independent audit of the books that goes back a number of years is needed but most of Council are satified with the work of Audit NZ.

 

“Personally I believe we need a full independent audit of our books at Council - and that’s a strong statement - unfortunately I’m a minority Mayor,” he says.

 

Mayor Feyen says more work is required on the council's finances and maintains that an independent audit is necessary.

 

 

 

 

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