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Home arrow Human Interest arrow Local arrow Council warned about its debt levels
Council warned about its debt levels PDF Print
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Human Interest - Local
Written by Morning Report, Radio NZ National   
Tuesday, 10 July 2012

Whangarei District Council is being warned over its debt levels

A Whangarei accountant and is delivering a warning to Whangarei District Council over its mounting debt.

Former councillor Frank Newman says Whangarei could end up insolvent if it does not curb its spending.

The council is now $161 million in debt, which equates to about $4500 per ratepayer.

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