Pandemic hits Auckland Council with billion-dollar fiscal hole
The council’s port and airport investments are providing less to the coffers.
Andrew Bevin
Wed, 11 Nov 2020
The full extent of the Covid-19 crisis on the Auckland Council has been realised in a new forecast showing a near billion-dollar hole in the council’s books by 2024.
The $450 million hole the virus punched in Auckland Council’s finances this year could grow by a further $540m by 2024.
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Andrew Bevin
Wed, 11 Nov 2020
Contact the Writer: andrew@nbr.co.nz
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Pandemic hits Auckland Council with billion-dollar fiscal hole
Politics,
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