TECT changes gear towards community needs

Clayton Mitchell
New Zealand First MP

The proposed changes to TECT got a mixed reaction from the public. Personally, I found them very positive, with TECT shining a spotlight on future interest to invest in the community through the opportunity to increase the investment into community-led projects.

TECT is proposing to transfer its assets into a new entity called TECT Charitable Trust.

The Trust will distribute its funds to the community and charitable groups, aiming to triple the amount available for community projects here in Tauranga.

TECT already supports numerous local community projects.

The Community Amenities fund is used to build and upgrade amenities that have significant community benefits like buildings, sports centres, halls and playgrounds. The Community Development Fund supports and funds community projects and programmes with a positive impact on our community.

The fund currently endorses TECT Helicopter Rescue, Tauranga Miniature Railway, House of Science and Urban Dance Academy to name but a few.

If you have enjoyed an open-air movie at Night Owl Cinema, took your family to a Tauranga Jazz Festival during Easter or attended Tauranga's own AIMS Games, you will know that these events are funded by TECT. And wouldn't it be great to have more of those with increased funding?

The new direction also means that the TECT cheques we get as Trustpower consumers will stop in 2023.

The proposal suggests a one-off payment of $2500 this year and an annual payment of around $360.00 for the next five years.

This means that the money we would be getting can go into our community from 2023.

As a consumer, you are able to provide TECT with your opinion on this proposal until March 1.

Whatever your thoughts, please take your time to submit them so TECT can make an informed decision.

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