Coun­cil projects $1.9m sur­plus

Matamata Chronicle - - Out & About - MIKE BAIN

A pro­jected $1.9 mil­lion sur­plus in Mata­mata-Pi­ako Dis­trict Coun­cil’s fi­nance re­port high­lights that it holds a tight grip on its fi­nance.

This was ev­i­dent in coun­cil’s au­dit and risk com­mit­tee’s meet­ing re­cently.

The com­mit­tee heard how tar­geted rates in­clud­ing me­tered wa­ter rates for large users, an in­crease in the ratepayer base and rates penal­ties, cou­pled with lower in­ter­nal costs have been drivers of the coun­cil’s sur­plus

Start­ing the meet­ing, a dis­cus­sion took place re­lat­ing to the costs as­so­ci­ated with charges to the coun­cil for its tri-an­nual re­port.

Cost com­par­isons re­vealed an anom­aly with larger coun­cils. Hast­ings and Ash­bur­ton au­dit costs were sig­nif­i­cantly lower than those charged for Mata­mataPi­ako.

Com­mit­tee chair Sir Dry­den Spring ques­tioned the au­di­tors of­fice rep­re­sen­ta­tives at the meet­ing.

‘‘Why the in­crease when com­pared to other years?’’

Not happy with a dis­par­ity of $20,000 over the pe­riod, Ash Tan­ner called for an in­ves­ti­ga­tion as to how the in­crease oc­curred given the amount of work done by coun­cil staff in preparing the ac­counts for au­dit.

Busi­ness sup­port man­ager Manaia Te Wi­ata said he asked the au­dit of­fice what his staff could do bet­ter dur­ing the au­dit process, but never had a re­sponse.

En­sur­ing the costs of the coun­cil’s three ma­jor projects for the year re­main sta­ble was also tabled show­ing the Mt Mis­ery Reser­voir project six weeks be­hind its es­ti­mated com­ple­tion date. The cost of the project is still below its orig­i­nal bud­get.

Five ten­ders be­tween $5.4m and $5.7m were con­sid­ered for the Mata­mata Civic Cen­tre re­build.

A fund­ing sub­mis­sion to the Min­istry of Busi­ness In­no­va­tion and Em­ploy­ment from the na­tional cy­cle­way fund is to be made by The Hau­raki Rail Trail Char­i­ta­ble Trust on be­half of the Hau­raki and Mata­mata-Pi­ako dis­trict coun­cils.

Be­cause the Te Aro­haMata­mata trail is in the Mata­mata-Pi­ako dis­trict, fund­ing of $3m has been al­lo­cated in the long term plan for this project and any fund­ing re­ceived from MBIE will be shared by Hau­raki dis­trict which is in­volved in the KopeKa­iaua sec­tion.

JOHN SELKIRK

Sir Dry­den Spring, keep­ing a tight grip on the reigns of fi­nance and com­pli­ance as chair of the Mata­mata-Pi­ako Dis­trict Coun­cil’s au­dit and risk com­mit­tee.

The multi-mil­lion dol­lar con­tract to build the new Mata­mata-Pi­ako Civic and Me­mo­rial Cen­tre, in Mata­mata, was awarded to Stan­ley Con­struc­tion.

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.