"Display them if you can": Mayor on report finding councils are sitting on $1.1b worth of art
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Rotorua's mayor believes councils are racking up hefty insurance bills looking after artwork in storage.
A Taxpayers' Union report finds councils across the country are sitting on $1.12 billion worth of art.
It finds more than 71 thousand art pieces are owned by local government, with only 33% of the works on public display.
Mayor Tania Tapsell told Mike Hosking having it in storage is money on a balance sheet that could be invested elsewhere.
She says the cost of insurance alone would be enough to deliver the hydro slides she wants for her community.
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