Daily Archives: September 15, 2014

The Moment of Truth

On the National-led Government of New Zealand: “You’re dealing with a government that has systemic issues of political corruption.” –Bob Amsterdam, Dotcom’s lawyer (TV1’s Q+A)

Streamed live on Sep 15, 2014 (2:06:07)

This is the backup stream URL if needed: http://new.livestream.com/accounts/1473236/events/3389825/player?width=640&height=360&autoPlay=true&mute=false

Updated post 16.9.14 at 1:10 p.m.

Stuff Cartoon - Jim Hubbard Last updated 13.4.12 at 9.02 am [10501260]Jim Hubbard 13.4.12 at Stuff

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2.9.14 John Key PM, plus and minus

Posted by Elizabeth Kerr

30 Comments

Filed under Business, Democracy, Geography, Inspiration, Media, Name, New Zealand, People, Pics, Politics, Site

Cull’s council spent the cash

The cash was instead used to pay for capital projects, avoiding the expected need to borrow for the work, which reduced the council’s need to borrow by $20 million. –Grant McKenzie

The council had also agreed to another $20 million in carry-forwards for debt-funded project budgets, which shifted allocated funding for delayed projects from one year’s budget to the next. –Grant McKenzie

### ODT Online Mon, 15 Sep 2014
Cull warns debt still hurdle for council
By Chris Morris
The Dunedin City Council cannot afford to get “complacent” despite a significant improvement to its core debt position, Mayor Dave Cull says. Council figures released last week showed its core debt – excluding companies – had dropped by nearly $5.5 million, from $227 million to $221.5 million, in the last financial year. […] the drop was the first time the council’s core debt had decreased since 2002-03, except for when stadium-related debt was transferred from the council to Dunedin Venues Ltd in 2010-11.
Read more

DCC Sep 14, 2014

Dunedin City Council – Finance Committee – September 8 2014
Coverage of the Dunedin City Council Finance Committee held on Monday, 8 September 2014. Minutes, agendas and reports related to this meeting can be found at http://goo.gl/UumsOI

Report – FIN – 08/09/2014 (PDF, 2.3 MB)
Interim Financial Result – 12 Months to 30 June 2014

Report – FIN – 08/09/2014 (PDF, 668.6 KB)
Financial Result – 1 Month to 31 July 2014

Report – FIN – 08/09/2014 (PDF, 391.2 KB)
Waipori Fund Quarterly Report to June 2014

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1.9.14 DCC Fraud: Further official information in reply to Cr Vandervis
30.8.14 DCC Fraud: Cr Vandervis states urgent need for facts and the record…
26.8.14 DCC: Forensics for kids
23.8.14 DCC public finance forum 12.8.14 (ten slides)
28.4.14 DCC loses City Property manager in restructuring
30.1.14 DCC broke → More PPPs to line private pockets and stuff ratepayers
● 29.1.14 Mangawhai, Kaipara —we hear ya! [relevance]
17.12.13 DCC, Dunedin City Treasury and 3 big banks [Interest Rate Swaps]
10.12.13 DCC putting up cover, walls paper thin [risk exposure VERY HIGH]
14.10.13 DCC: New chief financial officer
4.7.13 Carisbrook: DCC losses

Posted by Elizabeth Kerr

13 Comments

Filed under Business, DCC, DCHL, DCTL, Democracy, Economics, Media, Name, New Zealand, People, Politics, Project management, Property, Sport, Stadiums, What stadium