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Christchurch City Council is likely to end the financial year with an operating deficit of more than $33 million due to the COVID-19 crisis.
The future of two rebate schemes designed to kick-start development in Christchurch's city centre will be decided by Councillors next week.
Christchurch City Council Chief Executive Dawn Baxendale will take a 10 per cent cut in her salary for the full 2020/21 financial year.
Christchurch City Council Chief Executive Dawn Baxendale has been tasked with finding ways to ease the pressure on the public purse. Today she outlines her plans for doing that.
Christchurch City Council is encouraging everyone to give feedback on its draft budget for the coming financial year before it is finalised in June.
Christchurch City Council has adopted a draft budget but is promising to continue working to find ways to bring costs down for ratepayers while still maintaining levels of service.
International credit rating agency Standard and Poor’s has upgraded Christchurch City Council’s financial rating to AA-.
Christchurch City Council’s finances will be under the spotlight when the new Finance and Performance Committee of the Whole meets for the first time next week.
Christchurch City Council is taking on board an Audit New Zealand recommendation that it should get an external, independent expert to review the management of the Town Hall project.
Christchurch and Banks Peninsula properties have only risen slightly in value over the past three years, the latest district revaluation shows.