The Finance Minister has called Wellington City Council a 'shambles'.

The City Council is having to look at its 10 year budget again after a vote last week to reverse its airport shares sale.

It’s having to find cuts as the decision leaves a gap estimated to be worth hundreds of millions.

Nicola Willis says the Local Government Minister’s watching the situation closely.

"There are a number of options that he has - you often hear people talking about a commissioner, but there are things other than a commissioner that he can do."

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