International credit rating agency Standard and Poor’s has upgraded Christchurch City Council’s financial Credit Rating to AA (Stable outlook).
Christchurch City Council is extending the period for public submissions on its Draft 2019/20 Annual Plan.
Residents who pay for Christchurch City Council services by cheque will need to find other ways of paying from the end of this month.
The Christchurch Foundation will be receiving less Christchurch City Council funding moving forward.
Independent consultants are recommending raising the fees paid to the Board of Christchurch City Holdings Limited (CCHL).
Christchurch City Council is working collaboratively with the New Zealand Transport Agency (NZTA) over the level of funding it will receive for a number of transport projects planned for the city.
Christchurch City Council has signalled it plans to reduce the amount of funding support it provides to the Christchurch Foundation.
Councillors are considering the factors that will impact next year’s rates increase, as they come together on 6 December for the first public briefing on the Draft Annual Plan 2023/24.
Christchurch City Council has agreed to provide the organisers of the popular New Zealand Agricultural Show (formerly the Canterbury A&P Show) with a prudent financial safety net.
International credit rating agency Standard and Poor’s has upgraded Christchurch City Council’s financial rating to AA-.