Nicola Young: Wellington City Councillor on the council's $500-600 million fiscal hole

There's confusion over the size of Wellington City Council's fiscal hole.  The council is scrambling to fill a $400-600 million shortfall in its 10 year budget to mitigate its insurance risk, amid threats of Government intervention.  But Councillor Nicola Young told Mike Hosking the council doesn't have a clue how much money it actually needs.  She says they've been told by council officers figures like $200, $400, and $600 million, so the council is aiming to find $500 million.  LISTEN ABOVE See omnystudio.com/listener for privacy information.