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DEBT up from $12mto $119.9m (2000 – 2010)PERPETUALINVESTMENT FUNDdown $46mRATES doubled in thepast decadeWords Irena BrooksOnce New Plymouth was New Zealand’s“Top Town” and the World’s Most <strong>Live</strong>ableSmall City.But that was back in 2008, the same yearas the start of the Global Financial Crisis,and now, things don’t look quite so rosy.With local body elections upon us,accusations from various candidates are rife.But exactly how did New Plymouth DistrictCouncil go from $12 million of debt in 2000,to $119.9m just ten years later? And why haveour rates doubled during a similar period?And most importantly, are we doinganything to fix it?Interior Design ServiceLet our interior design team help with your next make over.With 3 Interior Designers and a shop full of fabulous furniture, draperyoptions, wallpapers and accessories we can help you give your spacethat new look you desire. Whether it’s a single room, whole houserenovation or new build we can turn your house into your home.Furniture ° Drapes ° Blinds ° Wallpaper ° Beds ° Accessories310 Devon St. EastOpen 7 DaysPhone. 757 8098www.homeretail.co.nzLIVE MAGAZINE I SPRING 2013 I 11

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