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Council given AA credit rating despite its high debt

Summary by Otago Daily Times
"All of this shows we’re attaining real financial growth and sustainability, which means a better outlook for the district." — Gore District Council chief executive Debbie Lascelles. Photo: supplied Despite being more than $50 million in debt, the Gore District Council has been given a double A credit rating.

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Otago Daily TimesOtago Daily Times
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Council given AA credit rating despite its high debt

"All of this shows we’re attaining real financial growth and sustainability, which means a better outlook for the district." — Gore District Council chief executive Debbie Lascelles. Photo: supplied Despite being more than $50 million in debt, the Gore District Council has been given a double A credit rating.

·Otago, New Zealand
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Otago Daily Times broke the news in Otago, New Zealand on Wednesday, July 23, 2025.
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