Wellington City Council to finalise rates increase, plans to better fund water issues

Wellington City Council is meeting on Thursday to finalise its draft 10-year budget and looking at what services and projects may have to be cut to fix the capital's severely failing water infrastructure. 

The Council is in this position because the region is losing about half of its water supply to leaks. 

Last month Council staff presented their preferred option to Councillors which was to invest $1.1 billion over the next 10 years to fix the city's thousands of leaky pipes. 

The proposal makes significant suggestions including a 15.4 percent rates rise, along with closing Khandallah's community pool, and potentially closing Arapaki Library in the City Centre. 

The cost-cutting measures could also mean slowing down construction of the controversial Golden Mile project, which aims to revitalise some city streets including Courtenay Place and Lambton Quay. 

Projects that aren't expected to be on the chopping block is the $330 Wellington Town Hall project and the City Library's renovations. 

Thursday's meeting is crucial for Wellington and that has been highlighted by the number of people who have turned up to see what decisions are going to be made. 

More to come.