Tēnā koe Chris.

 

Thank you for your email dated 27 June 2023 requesting information.

 

Our team will manage your request under the Local Government Official
Information and Meetings Act 1987 which requires us to provide a decision
as soon as possible, but no later than 26 July 2023, being 20 working days
of receipt.

 

The reference number for your request is IRC-5103

 

Please contact us if you have any further questions.

 

Kind regards

 

The Assurance Team

Email: [1][email address]

Wellington City Council | W [2]Wellington.govt.nz | [3]Facebook|
[4]Twitter

The information contained in this email is privileged and confidential and
intended for the addressee only.
If you are not the intended recipient, you are asked to respect that
confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the
sender immediately. Your assistance is appreciated.

 

[5]http://wellington.govt.nz/~/media/Images...

 

 

 

-----Original Message-----
From: Chris McCashin <[FYI request #23276 email]>
Sent: Tuesday, 27 June 2023 8:42 am
To: BUS: Assurance <[email address]>
Subject: Official Information request - Total Interest Cost to Ratepayers

 

Dear Wellington City Council,

 

Please provide the annual interest costs on council debt

 

Please also provide the debt ceiling for Wellington City Council - ie when
does the LGFA stop lending money to Wellington City Council

 

Please provide our current credit rating

 

Yours faithfully,

Chris

 

-------------------------------------------------------------------

 

This is an Official Information request made via the FYI website.

 

Please use this email address for all replies to this request:

[6][FYI request #23276 email]

 

Is [7][Wellington City Council request email] the wrong address for Official Information requests
to Wellington City Council? If so, please contact us using this form:

[8]https://aus01.safelinks.protection.outlo...

 

Disclaimer: This message and any reply that you make will be published on
the internet. Our privacy and copyright policies:

[9]https://aus01.safelinks.protection.outlo...

 

If you find this service useful as an Official Information officer, please
ask your web manager to link to us from your organisation's OIA or LGOIMA
page.

 

 

-------------------------------------------------------------------

 

References

Visible links
1. mailto:[email address]
2. http://wellington.govt.nz/
3. https://www.facebook.com/wellingtoncityc...
4. http://twitter.com/wgtncc
6. mailto:[FYI request #23276 email]
7. mailto:[Wellington City Council request email]
8. https://fyi.org.nz/change_request/new?bo...
9. https://fyi.org.nz/help/officers

hide quoted sections

Tēnā koe Chris,
Please see attached our response to your recent request for information.

Kia pai te rā - Have a good day

Ngā manaakitanga, 

Amber Smith 

[1](She/her)

Senior Advisor Official Information | Risk and Assurance

Te Kaunihera o Pōneke | Wellington City Council

E [email address] | W [2]Wellington.govt.nz | P 044994444 
The information contained in this email is privileged and
confidential and intended for the addressee only.
If you are not the intended recipient, you are asked to respect that
confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact
the sender immediately. Your assistance is appreciated. 

--------------------------------------------------------------------------

From: BUS: Assurance <[email address]>
Sent: 27 June 2023 10:16
To: Chris McCashin <[FYI request #23276 email]>; BUS:
Assurance <[email address]>
Subject: RE: Official Information request - Total Interest Cost to
Ratepayers
 

Tēnā koe Chris.

 

Thank you for your email dated 27 June 2023 requesting information.

 

Our team will manage your request under the Local Government Official
Information and Meetings Act 1987 which requires us to provide a decision
as soon as possible, but no later than 26 July 2023, being 20 working days
of receipt.

 

The reference number for your request is IRC-5103

 

Please contact us if you have any further questions.

 

Kind regards

 

The Assurance Team

Email: [3][email address]

Wellington City Council | W [4]Wellington.govt.nz | [5]Facebook|
[6]Twitter

The information contained in this email is privileged and confidential and
intended for the addressee only.
If you are not the intended recipient, you are asked to respect that
confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the
sender immediately. Your assistance is appreciated.

 

[7]http://wellington.govt.nz/~/media/Images...

 

 

 

-----Original Message-----
From: Chris McCashin <[FYI request #23276 email]>
Sent: Tuesday, 27 June 2023 8:42 am
To: BUS: Assurance <[email address]>
Subject: Official Information request - Total Interest Cost to Ratepayers

 

Dear Wellington City Council,

 

Please provide the annual interest costs on council debt

 

Please also provide the debt ceiling for Wellington City Council - ie when
does the LGFA stop lending money to Wellington City Council

 

Please provide our current credit rating

 

Yours faithfully,

Chris

 

-------------------------------------------------------------------

 

This is an Official Information request made via the FYI website.

 

Please use this email address for all replies to this request:

[8][FYI request #23276 email]

 

Is [9][Wellington City Council request email] the wrong address for Official Information requests
to Wellington City Council? If so, please contact us using this form:

[10]https://aus01.safelinks.protection.outlo...

 

Disclaimer: This message and any reply that you make will be published on
the internet. Our privacy and copyright policies:

[11]https://aus01.safelinks.protection.outlo...

 

If you find this service useful as an Official Information officer, please
ask your web manager to link to us from your organisation's OIA or LGOIMA
page.

 

 

-------------------------------------------------------------------

 

References

Visible links
1. https://www.publicservice.govt.nz/our-wo...
2. http://wellington.govt.nz/
3. mailto:[email address]
4. http://wellington.govt.nz/
5. https://www.facebook.com/wellingtoncityc...
6. http://twitter.com/wgtncc
8. mailto:[FYI request #23276 email]
9. mailto:[Wellington City Council request email]
10. https://fyi.org.nz/change_request/new?bo...
11. https://fyi.org.nz/help/officers

hide quoted sections

Tēnā koe Chris,

Thank you for your email dated 21 July requesting information.

Our team will manage your request under the Local Government Official Information and Meetings Act 1987 which requires us to provide a decision as soon as possible, but no later than 18 August 2023, being 20 working days of receipt.

The reference number for your request is IRC-5217

Please contact us if you have any further questions.

Kind regards

The Assurance Team
Email: [email address]
Wellington City Council | W Wellington.govt.nz |

The information contained in this email is privileged and confidential and intended for the addressee only.
If you are not the intended recipient, you are asked to respect that confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the sender immediately. Your assistance is appreciated.

-----Original Message-----
From: Chris McCashin <[FYI request #23276 email]>
Sent: Friday, 21 July 2023 11:53 am
To: BUS: Assurance <[email address]>
Subject: Re: Official Information request - IRC-5103 Total Interest Cost to Ratepayers

Dear BUS: Assurance,

Thanks for this - are you able to provide some additional information

1. What are the current interest rates, when do they mature and what are the interest cost forecast to be in the years 2023, 2024, 2025 & 2026

2. So as long as WCC keep raising rates - you can keep getting funding? For example the debt is 280% of what the total revenue was only a few years ago. But because Wellington has raised rates, seemingly you can get more funding because revenue has increased?

3. Please provide the last 10 years amount of money WCC has paid down on the principal debt? When is Wellington City Council forecasting that they will begin paying down any principal amounts.

I reiterate - at what point does council stop wasting money, reset, look at projects the majority (ruining the city), start funding infrastructure and pay down debt. You can't just keep off loading responsibility to the ratepayers, next generation.

Yours sincerely,

Chris McCashin

-----Original Message-----

Tēnā koe Chris,
Please see attached our response to your recent request for information.

Kia pai te rā - Have a good day

Ngā manaakitanga,

Amber Smith

[1](She/her)

Senior Advisor Official Information | Risk and Assurance

Te Kaunihera o Pōneke | Wellington City Council

E [email address] | W [2]Wellington.govt.nz | P 044994444 The information contained in this email is privileged and confidential and intended for the addressee only.
If you are not the intended recipient, you are asked to respect that confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the sender immediately. Your assistance is appreciated.

This is an Official Information request made via the FYI website.

Please use this email address for all replies to this request:

[8][FOI #23276 email]

Is [9][Wellington City Council request email] the wrong address for Official Information requests to Wellington City Council? If so, please contact us using this form:

[10]https://fyi.org.nz/change_request/new?bo...

Disclaimer: This message and any reply that you make will be published on the internet. Our privacy and copyright policies:

[11]https://fyi.org.nz/help/officers

If you find this service useful as an Official Information officer, please ask your web manager to link to us from your organisation's OIA or LGOIMA page.

-------------------------------------------------------------------

References

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3. mailto:[email address]
4. http://wellington.govt.nz/
5. https://www.facebook.com/wellingtoncityc...
6. http://twitter.com/wgtncc
8. mailto:[FOI #23276 email]
9. mailto:[Wellington City Council request email] 10. https://fyi.org.nz/change_request/new?bo...
11. https://fyi.org.nz/help/officers

-------------------------------------------------------------------
Please use this email address for all replies to this request:
[FYI request #23276 email]

Disclaimer: This message and any reply that you make will be published on the internet. Our privacy and copyright policies:
https://fyi.org.nz/help/officers

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-------------------------------------------------------------------

hide quoted sections

Tēnā koe Chris,
Please see attached our response to your recent request for information.

Kia pai te rā - Have a good day.

Ngā manaakitanga, 

Amber Smith 

[1](She/her)

Senior Advisor Official Information | Risk and Assurance

Te Kaunihera o Pōneke | Wellington City Council

E [email address] | W [2]Wellington.govt.nz | P 044994444 
The information contained in this email is privileged and
confidential and intended for the addressee only.
If you are not the intended recipient, you are asked to respect that
confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact
the sender immediately. Your assistance is appreciated. 

--------------------------------------------------------------------------

From: Chris McCashin <[FYI request #23276 email]>
Sent: 21 July 2023 11:52
To: BUS: Assurance <[email address]>
Subject: Re: Official Information request - IRC-5103 Total Interest Cost
to Ratepayers
 
Dear BUS: Assurance,

Thanks for this - are you able to provide some additional information

1. What are the current interest rates, when do they mature and what are
the interest cost forecast to be in the years 2023, 2024, 2025 & 2026

2. So as long as WCC keep raising rates - you can keep getting funding?
For example the debt is 280% of what the total revenue was only a few
years ago.  But because Wellington has raised rates, seemingly you can get
more funding because revenue has increased?

3. Please provide the last 10 years amount of money WCC has paid down on
the principal debt? When is Wellington City Council forecasting that they
will begin paying down any principal amounts.

I reiterate - at what point does council stop wasting money, reset, look
at projects the majority (ruining the city), start funding infrastructure
and pay down debt.  You can't just keep off loading responsibility to the
ratepayers, next generation. 

Yours sincerely,

Chris McCashin

-----Original Message-----

Tēnā koe Chris,
 Please see attached our response to your recent request for information.

 Kia pai te rā - Have a good day

 Ngā manaakitanga, 

 Amber Smith 

 [1](She/her)

 Senior Advisor Official Information | Risk and Assurance

 Te Kaunihera o Pōneke | Wellington City Council

 E [email address] | W [2]Wellington.govt.nz | P 044994444 
 The information contained in this email is privileged and
 confidential and intended for the addressee only.
 If you are not the intended recipient, you are asked to respect that
 confidentiality and not disclose, copy or make use of its contents.
 If received in error you are asked to destroy this email and contact
 the sender immediately. Your assistance is appreciated. 
 
 

 This is an Official Information request made via the FYI website.

  

 Please use this email address for all replies to this request:

 [8][FOI #23276 email]

  

 Is [9][Wellington City Council request email] the wrong address for
Official Information requests
 to Wellington City Council? If so, please contact us using this form:

 [10]https://aus01.safelinks.protection.outlo...

  

 Disclaimer: This message and any reply that you make will be published on
 the internet. Our privacy and copyright policies:

 [11]https://aus01.safelinks.protection.outlo...

  

 If you find this service useful as an Official Information officer,
please
 ask your web manager to link to us from your organisation's OIA or LGOIMA
 page.

  

  

 -------------------------------------------------------------------

  

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-------------------------------------------------------------------
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hide quoted sections

Kia ora Chris

Thank you for your email dated 15 August requesting information.

Our team will manage your request under the Local Government Official Information and Meetings Act 1987 which requires us to provide a decision as soon as possible, but no later than 12 September, being 20 working days of receipt.

The reference number for your request is IRC-5362.

Please contact us if you have any further questions.

Kind regards

The Assurance Team
Email: [email address]
Wellington City Council | W Wellington.govt.nz | |

The information contained in this email is privileged and confidential and intended for the addressee only.
If you are not the intended recipient, you are asked to respect that confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the sender immediately. Your assistance is appreciated.

-----Original Message-----
From: Chris McCashin <[FYI request #23276 email]>
Sent: Tuesday, 15 August 2023 4:04 pm
To: BUS: Assurance <[email address]>
Subject: Re: Official Information request - IRC-5217 Total Interest Cost to Ratepayers

Dear BUS: Assurance,

Unfortunately this isn't sufficient based on the councils current financial position ($1B in debt) and forecast spending going forward.

Please provide best estimates with the information you have and write this on Wellington City Council letterhead.

Total Interest Costs (Estimate) - For years 2023, 2024, 2025 and 2026 - can provide a range best estimate to worst estimate

When do the ratepayers have a say on the debt ceiling? Because I am sure Wellington ratepayers would rather have some fiscal management than ever increasing rates when our rates are wasted on city killing initiatives that we are borrowing money to fund. It is just ludicrous.

And please confirm on Wellington City Council letterhead that the council has paid down zero debt in the last ten years.

Yours sincerely,

Chris McCashin

-----Original Message-----

Tēnā koe Chris,
Please see attached our response to your recent request for information.

Kia pai te rā - Have a good day.

Ngā manaakitanga,

Amber Smith

[1](She/her)

Senior Advisor Official Information | Risk and Assurance

Te Kaunihera o Pōneke | Wellington City Council

E [email address] | W [2]Wellington.govt.nz | P 044994444 The information contained in this email is privileged and confidential and intended for the addressee only.
If you are not the intended recipient, you are asked to respect that confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact the sender immediately. Your assistance is appreciated.

References

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5.
[7]https://www.facebook.com/wellingtoncityc...
6.
[8]http://twitter.com/wgtncc
8. [9]mailto:[FOI #23276 email]
9. mailto:[Wellington City Council request email]
10.
[10]https://fyi.org.nz/change_request/new?bo...
11.
[11]https://fyi.org.nz/help/officers

-------------------------------------------------------------------
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-------------------------------------------------------------------
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hide quoted sections

Tēnā koe Chris,
Please find attached our response to your recent request for information.

Kia pai te whakatā - Have a good weekend.

Ngā manaakitanga, 

Amber Smith 

[1](She/her)

Senior Advisor Official Information | Risk and Assurance

Te Kaunihera o Pōneke | Wellington City Council

E [email address] | W [2]Wellington.govt.nz | P 044994444 
The information contained in this email is privileged and
confidential and intended for the addressee only.
If you are not the intended recipient, you are asked to respect that
confidentiality and not disclose, copy or make use of its contents.
If received in error you are asked to destroy this email and contact
the sender immediately. Your assistance is appreciated. 

--------------------------------------------------------------------------

From: Chris McCashin <[FYI request #23276 email]>
Sent: 15 August 2023 16:03
To: BUS: Assurance <[email address]>
Subject: Re: Official Information request - IRC-5217 Total Interest Cost
to Ratepayers
 
Dear BUS: Assurance,

Unfortunately this isn't sufficient based on the councils current
financial position ($1B in debt) and forecast spending going forward.

Please provide best estimates with the information you have and write this
on Wellington City Council letterhead.

Total Interest Costs (Estimate) - For years 2023, 2024, 2025 and 2026 -
can provide a range best estimate to worst estimate

When do the ratepayers have a say on the debt ceiling? Because I am sure
Wellington ratepayers would rather have some fiscal management than ever
increasing rates when our rates are wasted on city killing initiatives
that we are borrowing money to fund.  It is just ludicrous.

And please confirm on Wellington City Council letterhead that the council
has paid down zero debt in the last ten years.

Yours sincerely,

Chris McCashin

-----Original Message-----

Tēnā koe Chris,
 Please see attached our response to your recent request for information.

 Kia pai te rā - Have a good day.

 Ngā manaakitanga, 

 Amber Smith 

 [1](She/her)

 Senior Advisor Official Information | Risk and Assurance

 Te Kaunihera o Pōneke | Wellington City Council

 E [email address] | W [2]Wellington.govt.nz | P 044994444 
 The information contained in this email is privileged and
 confidential and intended for the addressee only.
 If you are not the intended recipient, you are asked to respect that
 confidentiality and not disclose, copy or make use of its contents.
 If received in error you are asked to destroy this email and contact
 the sender immediately. Your assistance is appreciated. 
 
  

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