The latest figures for the Council’s June 30 position will be tabled at the July 26 Council meeting and show the Council has $652.2M in cash and investments with external borrowings of $313.3M as of June 30. Total net return on the portfolio for Council in June, comprising entirely of interest earned, was $845k. During June, principal loan repayments of $6.0M were … [Read more...] about Latest figures show Council in good position
Council Meetings
Rates set: June 28 meeting highlights
Below is an edited version of the June 28, 2022 ordinary meeting of Council-under-administration - taken from 18 facebook posts I wrote and uploaded that night as the meeting happened. - Merilyn Rates set for financial year 2022-2023 Administrator adopts the ordinary rates, special rates, and waste management annual charges for the 2022-2023 rating year. Ordinary rates to … [Read more...] about Rates set: June 28 meeting highlights
Administrator’s expenses to April to be tabled
Administrator Rik Hart is asked to adopt a report at the June 28 Council-under-administration meeting that notes his expenses. For the period from November 2021 to end of April 2022 he spent: $7,519.83 for accommodation and meals $586.00 ICT expenses $71.27 home office expenses. Reports to Council are provided every six months. His expenses were cheaper than the … [Read more...] about Administrator’s expenses to April to be tabled
Agenda public for June 28 meeting
Expect a big meeting on June 28. The council will set the rates and fees and charges for next financial year, only three days before the new financial year begins on July 1. Follow Council Watch on facebook to see the decisions recorded as they are made. … [Read more...] about Agenda public for June 28 meeting
How to read the operational plan
On public exhibition at the moment is one of the crucial annual council documents. It outlines what council plans to do and how it will spend its money for the next 12 months (from July 1) and the bigger picture of the next three years. It includes setting the fees and charges to take effect from July 1. The combined 354 pages offer residents the chance to offer an informed … [Read more...] about How to read the operational plan
