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TDC's Annual Report reflects prudent financial management

November 28th
[TDC press release]

The Tasman District Council's Annual Report for the 2009-10 year was debated today at the second meeting of the new Council.

The highlights of the report include the acknowledgement that the assets managed by the Council on behalf of residents and ratepayers are now worth over a billion dollars - $1.075billion to be exact.

"2009/10 also saw the Council end the year with a small surplus of $1.62 million", said Mayor Richard Kempthorne. "This result displays the success of the Council's prudent approach to its financial management and increases the equity held by the community.

"The result shows that the Council was able to manage and deliver the projects essential to meeting the needs of a growing district through careful conservative financial management at a time many in our community are experiencing financial constraints."

Over the last year the Council, in partnership with many in the community, achieved a great deal with a number of projects completed, initiated or planned, many in partnership with our neighbours Nelson City and Central Government. Projects have included:
- The ongoing development at Saxton Field and the Saxton Stadium,
- Redevelopment of the Richmond Library,
- The Pohara seawall/cycleway,
- The Motueka sewage system upgrade,
- Completion of the two-mile walkway in Murchison and
- Ongoing maintenance of the roading network.

"The Tasman District has 17 settlement areas spread throughout our District, all of which have infrastructure needs, such as roading, water and sewerage, and community infrastructure like sporting facilities and community halls. Core services consume a large amount of Council's funding and time.

"Provision of these services in a manner that meets community needs at an affordable cost was, and remains, one of our biggest challenges and keeping those services well maintained is fundamental to maintaining the vibrancy of our communities now and into the future.

"There is no doubt Tasman is great place to live and work and the Council is very aware of its responsibility to maintain the District's unique lifestyle for its current and future residents", concluded Mayor Kempthorne.

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