Best viewed with the sound on…Best viewed with the sound on…

Burning Burning HousesHousesHow MAYOR STUART How MAYOR STUART CROSBY & CROSBY &

CEO STEPHEN TOWN ofCEO STEPHEN TOWN ofTAURANGA CITY TAURANGA CITY

COUNCILCOUNCIL & &

COUNCIL COUNCIL STAFFSTAFFAre Wasting MoneyAre Wasting Money

At a rate that can only At a rate that can only be described asbe described as

INSANEINSANE

Are currently being controlled Are currently being controlled by Tauranga City Council that by Tauranga City Council that

are……are……

Burning Our Burning Our Rate Payers Rate Payers

Dollars….Dollars….

This PowerPoint explainsThis PowerPoint explainshow TAURANGA RATE PAYERS how TAURANGA RATE PAYERS

like YOUlike YOU

                                                                               

Like youLike you

Click for next

won’t believe.

Get ready to beGet ready to be

HORRIFIEDHORRIFIED

Here’s a quick Here’s a quick history lesson:history lesson:

When Stephen Town started as CEO of When Stephen Town started as CEO of Tauranga City Council in 2001 Tauranga City Council in 2001

we Had only a small debt from building the we Had only a small debt from building the motorway P,J,K ofmotorway P,J,K of

Click for next

$50 million$50 million dollars dollars in the in the CitiesCities‘‘Loan accountLoan account’’

The Tauranga Rate Payer was The Tauranga Rate Payer was genuinelygenuinely not not that bad offthat bad offYes…Yes… ““waswas””

beforebefore all the money was handed over to all the money was handed over to

Mayor Stuart Crosby & CEO Stephen TownMayor Stuart Crosby & CEO Stephen Town

Notice Notice “cheesy grin !“cheesy grin !

TheThe DEBT as of the 31 July 2010 as of the 31 July 2010

$329.5 MILLION DOLLARS$329.5 MILLION DOLLARS

THIS AMOUNTS TOTHIS AMOUNTS TO

$20+$20+MILLIONMILLION DOLLARS IN DOLLARS IN INTERESTINTEREST PER PER YEAR.YEAR.

That’s not making us That’s not making us richerricher

MONEY GOING MONEY GOING Down Down TheThe

DRAINDRAIN,,

Click for next

its making it its making it HARDERHARDER to afford to afford betterbetter facilities forfacilities for

All OF TAURANGAAll OF TAURANGA..

TO BUY 2,548 HOMESTO BUY 2,548 HOMES

YOUR HOMEYOUR HOME

Click for next

TO BUY 2,548 HOMESTO BUY 2,548 HOMES

YOUR HOMEYOUR HOMEASASASAS

CAPITALCAPITALCAPITALCAPITAL

That’s like TAURANGA CITY COUNCILThat’s like TAURANGA CITY COUNCIL

USINGUSING

Based On Loans Of $329.5 Million & Interest Of $20 Million PA Over 9 yearsBased On Loans Of $329.5 Million & Interest Of $20 Million PA Over 9 yearsAverage Home Cost of $200,000 & Nil Land ValuesAverage Home Cost of $200,000 & Nil Land Values

is howis how

a COUNCILa COUNCIL

THATTHATAs any chump or chimp would knowAs any chump or chimp would know

……uh… …er…um….uh… …er…um….

Click for next

is howis how

a COUNCILa COUNCIL

THATTHATAs any chump or chimp would knowAs any chump or chimp would know

……uh… …er…um….uh… …er…um….

““DESTROYS A DESTROYS A CITYCITY””

ALL ….ALL ….This In Only NINE YEARSThis In Only NINE YEARS

ofof CEO Stephen Town, and

Mayor Stuart Mayor Stuart CrosbyCrosby

Click for next

THERE IS SO MUCH DEBT The Audit Office warned them ! The Audit Office warned them !

Council Opted To Increase RatesCouncil Opted To Increase Rates

They Call It “Proven Leadership” ??They Call It “Proven Leadership” ??&& CEO Stephen Town,

Mayor Stuart CrosbyMayor Stuart Crosby

11.5% 2009, 11.5% 2009, 9.9% 20109.9% 2010, , 14.5% 201114.5% 2011and 20% maybe more in 2012 !and 20% maybe more in 2012 !

Click for next

RatepayersRatepayers

Debt Is Increasing $484,000 Debt Is Increasing $484,000 A DAYA DAY! !

&& CEO Stephen Town,

Mayor Stuart CrosbyMayor Stuart Crosby

THERE IS TOO MUCH DEBT

It’s likeIt’s like

Click for next

Mayor Stuart Crosby Mayor Stuart Crosby &&

CEO Stephen TownCEO Stephen Townburning downburning down

104 Houses A Year104 Houses A YearIn Interest In Interest

Mayor Stuart CrosbyMayor Stuart Crosby& &

CEO Stephen TownCEO Stephen Town

That’s 2 “ FRIED ” A WeekThat’s 2 “ FRIED ” A WeekBased On Loan Interest Of $20 Million PABased On Loan Interest Of $20 Million PA

Average Home Cost of $200,000 & Nil Land ValuesAverage Home Cost of $200,000 & Nil Land Values

Click for next

MayorMayorStuart CrosbyStuart Crosby

Over The Last Three YearS These Councilors Over The Last Three YearS These Councilors Voted For These “White ELEPHANTS” !Voted For These “White ELEPHANTS” !

Adding To Adding To YOURYOUR DebtDebt

The Money WastersThe Money Wasters

Known As The “Rat Pack”Known As The “Rat Pack”

Councilor Councilor Mike BakerMike Baker

Deputy MayorDeputy MayorDavid StewartDavid Stewart

CouncilorCouncilorWayne MoultrieWayne Moultrie

CouncilorCouncilorGreg BrownlessGreg Brownless

CouncilorCouncilorBill FaulknerBill Faulkner

XXGONEGONE

One gone, five to go ! ! ! ! !One gone, five to go ! ! ! ! !

Click for next

MayorMayorStuart CrosbyStuart Crosby

Over The Last Three Year These Councilors Over The Last Three Year These Councilors Voted In These White ELEPHANTSVoted In These White ELEPHANTS

Adding To Adding To YOURYOUR DebtDebt

Councilor Councilor Mike BakerMike Baker

Deputy MayorDeputy MayorDavid StewartDavid Stewart

CouncilorCouncilorWayne MoultrieWayne Moultrie

CouncilorCouncilorGreg BrownlessGreg Brownless

CouncilorCouncilorBill FaulknerBill Faulkner

Mount Greens Bowlers New Site and Lawns $26.5M for 280 Lawn Bowlers & 60 Croquet PlayersMount Greens Bowlers New Site and Lawns $26.5M for 280 Lawn Bowlers & 60 Croquet Players

Mount Sport & Exhibition Center $41.0M Way Over PricedMount Sport & Exhibition Center $41.0M Way Over Priced

Mount Hot Pools, Wellness Center No New Pools $7,500,000Mount Hot Pools, Wellness Center No New Pools $7,500,000Mount Baypark Speedway $12.0M & Losses Of $2.0M paMount Baypark Speedway $12.0M & Losses Of $2.0M pa

Mount Cossie Club $6.5M Council Wants to Bulldoze down a 2 year old Building For 200 CarparksMount Cossie Club $6.5M Council Wants to Bulldoze down a 2 year old Building For 200 Carparks

Known As The Rat PackKnown As The Rat Pack

XXGONEGONE

Click for next

““O’Bugger Too Much Debt, O’Bugger Too Much Debt, Too Much Interest means … Too Much Interest means … no more BANANA snackes ! no more BANANA snackes !

””

Mayor Stuart Crosby and Mayor Stuart Crosby and

CEO Stephen TownCEO Stephen Town

For (in effect)

BURNING BURNING DOWNDOWN

are are TODAYTODAY jointly jointly responsibleresponsible

- FACTFACT ––

936 HOUSES936 HOUSESOVER THE LAST 9 OVER THE LAST 9

YEARS INYEARS INJUST INTERESTJUST INTEREST

Based On Loan Interest Of $20 Million PABased On Loan Interest Of $20 Million PAAverage Home Cost of $200,000 & Nil Land ValuesAverage Home Cost of $200,000 & Nil Land Values

Click for next

YOURYOURHOUSESHOUSES

& YOUR& YOUR

FUTUREFUTURE

BURNING DOWNBURNING DOWNIn effectIn effectIn effectIn effect

CHILDRENSCHILDRENS

will be will be bankrupt in 2014bankrupt in 2014

Click for next

Tauranga City CouncilTauranga City CouncilThenThen

As every ..er..APE would knowAs every ..er..APE would know

unless voters stop supporting this madnessunless voters stop supporting this madness

This PowerPoint was created by Deeply Concerned RATEPAYERS of Tauranga,

who have NO affiliation or connection to any

political party or movement.

It was created and is distributed freedistributed free for one reason ONLY:

deep concern for deep concern for Tauranga’s near futureTauranga’s near future.

Click for next

and the reality that our near future

of our Cities well-being is balancing….

RIGHT NOW

on a knife-edge of disaster

Click for next

Click for next

If you truly love your childrenIf you truly love your childrenand if you truly love Tauranga,and if you truly love Tauranga,

you will you will MAKEMAKE time to pay time to payserious attention to this seriesserious attention to this series

of of NON-POLITICALNON-POLITICAL presentations.presentations.

If you truly loveIf you truly loveTauranga we are nowTauranga we are now

rapidly losing becauserapidly losing becausevoters simply voters simply

do not know these Factsdo not know these Facts,,Now you know would you Now you know would you

willinglywillingly onforward this onforward this

everywhereeverywhere possible..…. possible..….