DCC: Audit and risk subcommittee

Do you believe “anything” Audit New Zealand says after DCC decided to build the stadium with such a BAD business case? NOPE

[NZ Farce] Ratepayers needed to know they were getting as good a service as any other ratepayers would get from other councils. –Lothian

### ODT Online Wed, 28 May 2014
Financial stability still a risk, committee told
By Debbie Porteous
Financial sustainability, a new funding model for Forsyth Barr Stadium and detecting potential fraud might be its highest priorities risks, Audit NZ has suggested to the Dunedin City Council’s new audit and risk subcommittee. Complying with legislation was not such an issue for the council, but it should work on putting all its management policies and procedures into one document so there was broad understanding of everything happening in that area, Audit NZ audit director Ian Lothian said.
Read more

Audit and Risk Subcommittee:
Susie Johnstone, chairwoman (accountant)
Cr Richard Thomson
Cr Chris Staynes
Cr Hilary Calvert
Janet Copeland (employment law specialist)

● City councillors may attend all meetings of the subcommittee.

Posted by Elizabeth Kerr

20 Comments

Filed under Business, CST, DCC, DCHL, DCTL, Delta, Democracy, DVL, DVML, Economics, Highlanders, Media, Name, New Zealand, ORFU, People, Politics, Project management, Site, Sport, Stadiums, What stadium

20 responses to “DCC: Audit and risk subcommittee

  1. Kaipara decision out 4pm today! It will affect all local bodies in time.

  2. Peter

    The first sentence reads well. Interesting that the F word, that the councillors seem so reluctant to entertain, has been broached by Audit NZ……in association with general financial sustainability and the funding of the FB stadium. Dare we have hope?
    A number of councillors need to get over their embarrassment that sometimes things are not kosher in the world of local government finances. Turning a blind eye is not a long term option.

    • Peter, I rather think that Audit New Zealand is occupying the exact same thoughtspace now as the Auditor-General on consigning corrupt and fraudulent parties associated with OAG’s Delta investigation to freedom from prosecution and ratepayers’ moral outrage and compensation in full.

      Mr Lothian is suspiciously too late to the role of scrupulous auditor – his job was to be strongly active for public good some years ago where DCC, DCHL, DCTL and CST were concerned; and from the time DVML and DVL were conceived of; and of course around all matters relating to the city council’s history (not yet the subject of a full independent forensic audit) of direct and indirect funding and resourcing of ORFU and Highlanders.

      Mr Lothian is indulging himself in a preening exercise that simply amounts to a multimillion-dollar snow job for DCC while exorcising the record of his own department’s extreme inadequacy.

      • Peter

        Quite possibly, Elizabeth, but there will always be an insistence in Dunedin as to ‘where did that money go?’. A simple question, even if a forensic audit, which is a requirement not an option, has to take a tortuous road to get to the answer.
        Let us hope Audit NZ can find redemption, now, by doing their job…and getting praise for it….. and not do a snow job.
        People, high and low, are looking on.

        • Sensible reply, Peter. Let’s see what unfolds in the next while – Stadium Review is supposed to be in some sort of shape by mid year. That’s very soon. I presume that means a number of recommendations will be the start of ‘processes’ to follow… you have to hope a forensic audit or three are amongst it.

  3. Hype O'Thermia

    See no evil, speak no evil, act like you heard no evil … await your gong, if not this Queen’s Birthday then surely a New Year’s list not too far off.

  4. ODT 28.5.14 Letter to the editor Dickie (page 14)ODT 28.5.14 (page 14)

    So Cull thinks he and the city council have been ‘above board’ despite his specific conflict of interest with Rodgers of Betterways. Pity that didn’t get put before the Environment Court to scrutinise. His comment is another reason to distrust him and all members of the council’s EMT.

    • Hype O'Thermia

      FFS “The resource made available to Betterways … to enable it to work through the issues raised in their resource consent application” wouldn’t have been required if Wetterboys hadn’t decided on a plan that was left, right and centre in bloodyminded defiance of the District Plan.
      The prudent, intelligent, simple, time- and money-saving option would have been to say “This is non-compliant so you’re wasting your time. Here [helpfully handing Wet’n’windy a copy of the District Plan] read this and come back to us with something that’s within a laryngitic bull’s roar of the rules, and we’ll put a couple of contractors on standby to vacuum the red carpet in case it’s needed.”

      • Love your (ahem) option, Hype O’Thermia. Messrs Cull and Orders should have taken your free advice. Any day.

        • Hype O'Thermia

          Free in the first instance only. As soon as my feet are under a council desk for 5 minutes it’ll be consultant rates, extra for any suggestion that isn’t a total epic fail, with annual bonus for breathing. I’m not too proud to gouge with the best – worst – of them!

        • Haha. That’s just as it should be. Dog eat dog.

  5. ODT 28.5.14 Letter to the editor Weggery (page 14) 1ODT 28.5.14 (page 14) [click to enlarge]

    Is ‘stadium control’ cheaper/better for ratepayers inside the DCC or DCHL bubble? Where’s the best accountability, the best tax breaks ??? The least cost overruns, the least fraud ???

  6. Huh? A ten-monthly report? What can this mean?

    ### dunedintv.co.nz June 5, 2014 – 7:03pm
    DCC to evaluate its finances
    The Dunedin City Council will evaluate its finances for the last ten months at a meeting on Monday. 
    Video
    http://www.dunedintv.co.nz/content/dcc-evaluate-its-finances

  7. Report to the meeting of the Finance Committee to be held on 9 June 2014:

    Financial Result – 10 Months to 30 April 2014

    http://www.dunedin.govt.nz/__data/assets/pdf_file/0010/427546/ma_fin_r_Finance_2014_06_09.pdf (5.42 KB)

  8. Elizabeth

    How interesting. Spot the connections.

    Report – Audit – 04/08/2015 (PDF, 75.1 KB)
    Declarations of Interests [3 pages]

    Susie Johnstone (chair)
    Hilary Calvert (councillor)
    Janet Copeland (independent member)
    Chris Staynes (deputy mayor)
    Richard Thomson (councillor)
    Dave Cull (mayor)
    Sue Bidrose (chief executive officer)
    Grant McKenzie (group chief financial officer)
    Sandy Graham (group manager corporate services)

  9. Elizabeth

    ### ODT Online Tue, 20 Oct 2015
    Auditor sharpens DCC oversight
    By Chris Morris
    The Dunedin City Council has plugged another hole in its defences with the appointment of Crowe Horwath as an internal auditor. The firm would be responsible for helping guard against financial and reputational risks, as well as bad practices within the council, the DCC audit and risk subcommittee meeting was told yesterday.
    • The Dunedin City Council is to undertake a last-minute review of its incoming conflict of interest policy, following an Auditor-general’s report into the handling of a conflict by the Queenstown Lakes District Council.
    Read more

    Report – Audit – 19/10/2015 (PDF, 175.3 KB)
    Internal Audit Services

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