SHOCK HORROR NEW IDEA
‘Next council should consider placing higher priority on asset maintenance and renewal.’
### ODT Online Tue, 6 Sep 2016
Time for debt rethink, councillor says
By Vaughan Elder
A departing Dunedin city councillor has called for a fresh look at how quickly the city pays off debt as the council continues to eclipse repayment targets. In the wake of the council’s better than expected debt position, Cr Thomson said the new council should look at rethinking its financial strategy and discuss what an “appropriate level of debt would look like”.
“[Thomson] said the council had outperformed its debt targets for a range of reasons….”
Not the Cull council – rather, the assiduous work of former DCC/DCHL GCFO Grant McKenzie and his disciplined finance staff.
No politicians can take credit.
Especially not ex Greater Dunedin moonbeams such as Cull, Staynes, Thomson and their young swaddling ‘babe in the woods’.
N O T E S
1. Health Board car park. “How could Swann drive a Lamborghini into the DHB’s car park and: “Park it next to the District Health Board Corollas,” without any questions being asked?” Link
2. Citifleet and Citipark. Considerably more than +152 council fleet vehicles “missed” from DCC in a much longer timeframe than ten years (2003-13).
3. Delta Utility Services Ltd – staff vehicles. [Today] See numbers of Delta vehicles everywhere you shouldn’t, inside and outside work hours, not in connection with programmed work or emergency.
Why ? Pray to god, why is DCC governance MIA ?
Undisciplined lowlights treating Public Funds like chickenfeed.
Spendthrift mayor Cull and the motley majority of councillors (Greater Dunedin crackpots, as well as in their ghoulish afterglow…. with support from greenies Hawkins and Peat, and doughboy Benson-Pope), who in shambolic attendance to ‘governance’ have enormous trouble with accountability, prudence and transparency – sold Ratepayers down the “Swannee” again very recently in deciding a deal for Delta.
Without an ounce of diligence, councillors (except Crs Vandervis and Calvert – Cr Hall removed himself from the vote for some reason) accepted to rush the Delta decision for no reason, thanks to Cull, Thomson and Crombie, on Monday, 1 August 2016 – in so doing Cull’s council lost Ratepayers a further +$25million. No conscience.
If Cull is returned as mayor in 2016, Thomson’s replacement as chair of the Finance Committee is rumoured to favour Mike Lord (if indeed he himself is returned).
Note: Mike Lord sensibly left Greater Dunedin earlier than some.
Cr Thomson was inspired to make his parting comments after Cr Jinty MacTavish said the council should look at the possibility of reinvesting the money from asset sales into parks and recreation as opposed to automatically repaying debt.
“This is an excellent result and I think council can take considerable pride [from it],” Mr Cull said.
Did I mention the replacement cost of metal BTF tanks at Tahuna.
Posted by Elizabeth Kerr
Election Year. This post is offered in the public interest.
*Image: odt.co.nz – Richard Thomson, tweaked by whatifdunedin