Minto is sitting on a nest egg of money collected in development charges.
Those charges are designed to make new development pay its own way.
A report to Minto council shows the development charge account stands at $743,000 as of the end of 2017. That’s up from $481,000 one year previously.
Treasurer Gordon Duff says the increase is a reflection of the amount of new development enjoyed by Minto in recent years.