On 08 May, Property Council submitted to Hamilton City Council on their Draft 2023-24 Annual Plan.
Why this matters to our members
Property Council believes in the creation and retention of a well-designed, functional, and sustainable built environment. The draft Annual Budget 2023-2024 outlines the direction of Hamilton City Council for the next twelve months and will help shape future outcomes across the city. We firmly believe that it is important that the voice of the property sector is heard at the decision-making table.
Given the macro-economic conditions, our submission broadly supported the direction of the Draft 2023-24 Annual Plan. However, we also stressed the importance of developing alternative approaches to infrastructure funding and financing for next year’s Long Term Plan that will ensure that Hamilton City Council has greater capacity to deliver much-needed new infrastructure.
Overall, we recommended that Hamilton City Council develops alternative approaches such as targeted rates and Special Purpose Vehicles for funding and financing infrastructure in next year’s Long Term Plan.