Bryan Pepperell - Back To The Future

• • Wellington has 5.8 Billon of Performing Assets -Yeah Right!

    • 17 May 2007
    • Bryan Pepperell - Back To The Future
    • Prendergast has recently stated .."The City has $5.8 billion worth of assets. Our debt is just 4 % of our total assets. Council has agreed to borrow up to $20 million a year to pay for new assets. " The statement from Mayor Prendergast about the value of the city's assets in relationship to debt shows just why we are heading for a meltdown.
    • Tagged as:
    • wellington-city-council
  
  

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