Tag Archives: Munitions

DCC: Snow White cause of substantial loss + DRAFT Annual Plan

snow-white-and-the-seven-dwarfs [sisterlondon.com] 1Vestiges of Purity for ALL [ethical cleansing HITS town]

‘Some of the unfavourable variance because of divestment losses’

### ODT Online Wed, 30 Mar 2016
City pays cost for divesting
By Timothy Brown
Some of the Dunedin City Council’s divestment decisions have cost the city, it was revealed at yesterday’s council finance committee meeting. […] The council voted last May to scrap any investments the [Waipouri] fund had in the munitions, tobacco, fossil fuel extraction, gambling or pornography industries and to bar future investment in those industries. […] The fund had produced $783,000 in profit during the eight months to February 29. However, this was $1.657million down on the budgeted $2.44million profit.
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Agenda – FIN – 29/03/2016 (PDF, 1.8 MB)
This agenda includes the reports

TABLE OF CONTENTS

1 Public Forum [page 4]
2 Apologies [4]
3 Confirmation of Agenda [4]
4 Declaration of Interest [5]

PART A REPORTS (Committee has power to decide these matters)

5 Financial Result – Period Ended 29 February 2016 [6]
This report provides a commentary of the financial performance of Council for the period ended 29 February 2016 and the financial position as at that date. The net deficit (including Waipori) for the eight months to February was $5.878 million or $381k worse than budget.

6 Financial Result – Period Ended 31 January 2016 [31]
This report provides the financial results for the period ended 31 January 2016 and the financial position as at that date. The net deficit (including Waipori) for the seven months to January was $6.668 million or $36k worse than budget.

Related Posts and Comments:
26.3.16 Dunedin: Erosion issues at St Clair and Ocean Beach
25.1.16 DCC: South Dunedin Integrated Catchment Management Plan (ICMP)
5.1.16 Hammered from all sides #fixit [dunedinflood Jun2015]
27.12.15 Pop Mashup(s) + Independent UK…on attack to local democracy
21.11.15 Mayor Cull won’t admit lack of maintenance #SouthDunedinFlood
14.7.15 DCC strategies needed like a hole in the head
27.4.15 She’s right: “We are a very poor city.” —Cr Hilary Calvert
6.4.15 Energy, a little picture #wow
25.5.14 Whaleoil: Rodney Hide on Dunedin’s Luddite Council
21.1.14 Jints, this one’s forya
13.1.14 Taking to water like a duck on oil

****

  • Dunedin City Council – Media Release
    Annual Plan consultation begins

    This item was published on 24 Mar 2016

    Should we be spending more on economic development in Dunedin and/or boosting funding for community grants? These are some of the questions the Dunedin City Council is asking residents as part of its 2016/17 Annual Plan and budget consultation, which opens today.

    Mayor of Dunedin Dave Cull says recent changes to the law mean the Council is taking a different approach to how it seeks feedback from residents on what should be included in the 2016/17 Annual Plan: “Just last year we went through a rigorous process developing a 10 year Long Term Plan (LTP), which sets out the city’s financial and strategic path. This year we are asking the community to comment largely on things we are proposing to add or change.” Some of the proposed changes are things that have already been discussed with the community and agreed on, but were either not funded in the LTP or not funded beyond the current 2015/16 year. Examples include the funding proposed for GigCity, UNESCO City of Literature and Dunedin’s Arts and Culture and Environment Strategies.

    Mr Cull says the planned increase in economic development resourcing is effectively a return of funding taken out several years ago because of budget constraints: “The proposed $790,000 increase in funding is largely community driven. One of the consistent messages emerging from residents is that job creation and business encouragement are vital for Dunedin. Our business sector is also telling us we need to market the city better to visitors and businesses.”

    Funding has also been provided for investigations into South Dunedin groundwater/ sea level rise issues [WHAT ISSUES – WHERE IS THE SCIENCE ?], and to investigate coastal erosion in other areas. Other proposed funding includes an extra $120,000 for community grants because there are always more requests than money available.

    These suggested changes can be achieved within the proposed 2.9% rates rise.

    The consultation document is now available at www.dunedin.govt.nz/2016AP. Public consultation on the Annual Plan closes at 5pm on 20 April. People are encouraged to provide their feedback early and, if possible, use the online form.

    A snapshot of what is proposed, presented in a map fold newsletter, will be delivered to every Dunedin household. Information will also be available at DCC service centres and libraries and at the Customer Services Agency in the Civic Centre. There will also be a public meeting and workshop, and six drop-in sessions with the opportunity for face-to-face discussion with Councillors. These will be held around the wider city during the consultation period.

    █ Comments on the DCC Facebook page and tweets to @DnCityCouncil using #DunedinAP will also be considered as feedback. The consultation period will be followed by hearings and deliberations in May and a final Annual Plan will be adopted by the Council in June.

    █ A range of supporting documents and an online submission form are available at www.dunedin.govt.nz/2016AP.

    Contact The Mayor of Dunedin on 03 477 4000.
    DCC Link

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    12.9.15 Cr Kate ‘Cycleways’ Wilson —(disingenuous) fails constituents
    22.8.15 DCC cycleway$ now tied to more ‘urban de$ign’ $pend, after reha$h…
    14.7.15 DCC strategies needed like a hole in the head
    22.7.15 DCC Long Term Plan 2015/16 – 2024/25
    24.6.15 DCC Residents’ Opinion Survey (ROS)
    29.5.15 Design alternatives to (pre-selected) bridge not canvassed by DCC
    5.5.15 DCC financial position | DCC reply: “$20M cash on hand” #LGOIMA
    4.5.15 DCC: Draft LTP matter —‘Unfunded Mosgiel Aquatic Facilities’
    28.9.14 “DCC entitlement” about to ramrod change at CBD #manipulation
    5.8.14 DCC staff-led CBD projects that impact… | consolidated council debt
    27.6.14 Stadium costs $23.4144 million per annum
    25.1.12 Waipori Fund – inane thinkings from a councillor
    17.11.13 Cull, MacTavish: (to borrow a phrase) “Have you fixed the debt crisis?”

    Posted by Elizabeth Kerr

    *Image: sisterlondon.com – SW + dwarves, tweaked by whatifdunedin
    (many thanks to Disney)

    33 Comments

    Filed under Business, DCC, Democracy, Design, Dunedin, Economics, Events, Hot air, Media, Name, New Zealand, People, Politics, Project management

    Whaleoil: Rodney Hide on Dunedin’s Luddite Council

    Ever since Helen Clark allowed councils general competence we have seen debt burgeon and empire building of armies of council staff increase. It is time to rein in the excesses. The reforms have largely failed. I’m not even sure we need local councils in any case….except to just provide essential services. –Cameron Slater

    Whale Oil Beef Hooked logo### whaleoil.co.nz May 24, 2014 at 5:00pm
    Rodney Hide on Dunedin’s Luddite Council
    By Cameron Slater
    Rodney Hide excoriates the Dunedin City Council for their embracing of a buggy culture. [NBR paysite]

    “I was taken aback by Dunedin City Council committing to invest ethically. I would have thought it was already beyond reproach. But it turns out it’s not about the council not taking back-handers and the like but rather what it can and can’t invest in. Henceforth, it won’t invest in porn, munitions, tobacco or gambling. Seriously? Was investing in porn ever in prospect? I once took a paper to the cabinet to circumscribe council activity. I wanted to limit them to core services. To buttress my argument, I had examples of the nutty investments that councils had entangled ratepayers in. I remember dairy farms, property development, Lotto shops and cinemas. My concern wasn’t ethical investing but rather local government’s proper role. I wanted councils to stick to basics. I didn’t succeed but would have had a chance with the Dunedin example: a council having to make a rule to stop itself investing in pornographic movies.”
    Read more

    It matters enormously that city leaders are declaring fossil fuel extraction unethical. –Rodney Hide

    Posted by Elizabeth Kerr

    15 Comments

    Filed under DCC, Hot air, Media, Name, New Zealand, People, Politics