The Downtown Levy; where does the money go?

We have some very real concerns about where the money is spent, so we’ve been investigating and a paper has been prepared for the next Mayoral Forum, of which we are members.  Once the next forum has been held we will put the paper on our website and let you know the response to it.

Some of the questions we’re seeking answers to:

  1. How is the levy calculated and how does this compare with what the ‘normal rates’ for each building would be?
  2. What is it being spent on and how does this support retail in the CBD (which was the original intent)?
  3. To what extent is the fund expenditure contestable?
  4. Should those who pay the levy have some say in how it is spent?

We’ll keep you posted on progress.