Watercare’s Growth Related Revenu Soars to $28.8 million Above Budget: 1 November 2024
🤔 Watercare’s growth related revenue soars to $28.8 million above budget (pg 25) as Otara’s sewer system is at capacity with no upgrade in sight.
The money was to pay for growth. It seems that they got more houses than estimated.
Now Otara/Papatoetoe is out of capacity. There was a lot of in-fill there.
If the cost of the Otara Local Sewer upgrade is budgeted at $27 million, why don’t they just allocate the $28.8 million to it?
More density means more money for Watercare; the smaller the houses the more revenue as houses pay the same rate unless really small.
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