We think there are no magic puddings.. Any new spending and tax cuts will need to be paid for by cuts elsewhere or at the expense of the bottom line.
Danielle Westwater
magic tax
The rating factors in the expectation that the consolidated net debt to operating revenue is likely to be lower than that implied by council's long term plans. The negative outlook reflects the potential for the rating to come under pressure if the council achieves or exceeds those levels.
plans negative potential pressure expectation debt outlook
The negative outlook reflects the potential for the rating to come under pressure if the council achieves or exceeds those levels.
negative potential pressure outlook
The council's debt levels in the near term are likely to remain at levels consistent with the current ratings, despite rising.
rising debt
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