Tasman District Council Report Provides Update On Financial SituationTasman District Council has presented its draft financial report for the year ended 30 June 2025, highlighting a challenging year marked by an operational deficit funded through debt, income below budget and expenditure exceeding expectations. The financial report included revenue and expenditure from joint operations, as well as the share of associates’ surplus or deficit. Our net debt of $271.2 million is lower than the Long-Term Plan (LTP) estimate for 2024/25 of $279.7 million. The Annual report which is based on these numbers is now being being audited and as such, figures are subject to change as part of this process. The final audited 2025 Annual Report is scheduled to be adopted by Council at the inaugural meeting for the new triennium on 29 October.