Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Auditor-General calls for more City Rail Link funding info

Media release

Auckland Councillor Cameron Brewer

Tuesday, 18 February 2014

Auditor-General calls for much more City Rail Link funding information

The Auditor-General today says her Office will need a lot more certainty and information around the costings and funding of the City Rail Link ahead of signing off her Audit Opinion mid-next year on Auckland Council’s 2015-2025 Long Term Plan.

At the Audit & Risk Committee meeting today, Auckland Councillor Cameron Brewer asked Controller & Auditor-General Lyn Provost what will be required of Auckland Council to satisfy her Office and avoid the project being singled out again in her official Audit Opinion on Auckland Council’s revised 10-year budget as it was when she audited the 2012-2022 Long Term Plan.

Back in her 2012 opinion, Ms Provost focused on the significant forecasting assumptions associated with funding for the City Rail Link project, citing “the significant level of uncertainty” associated the Government’s half share of $1.2 billion and locking down “alternative funding sources to raise $344 million, from particular types of user charges or regional taxes, many of which would require legislative change”. She went on to note: “The main risks to the City Rail Link project are that central government will not agree to provide direct funding nor enable the Auckland Council to access alternative funding sources.”

Mr Brewer says “sure the Government has since signalled some support in principle to the City Rail Link, but the Mayor still has a lot of work to do in the next 12 months to avoid the Auditor-General raising another red flag when she reviews the revised 10-year LTP next year. Securing access to alternative transport funding sources is now paramount. 

“Despite the cautionary view of the Auditor’s Office on the significant level of uncertainty associated with the project, and a council resolution to not progress any construction until a funding plan is in place, the Mayor is now out promising to fast-track the City Rail Link and offering up $250m from the City coffers, but the Government’s not budging. In the next 12 months the Mayor needs to focus solely on funding, not fast-tracking. Otherwise he’s only lining himself up for more telling commentary from the country’s chief auditor,” says Cameron Brewer

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Pre-Caucus Audio:
David Cunliffe And
The Future Of The
Labour Party

David Cunliffe met with the press today after Saturday’s disappointing election result for The Labour Party.

“We are all deeply concerned by the result of our party vote. I want to be clear that I, as leader, am responsible for that result” Cunliffe said. Although he called the results “deeply disappointing” Cunliffe said “the voters are always right”.

He felt that Labour needed to make improvements and take action: “We don’t need months to get feedback from members of the public, we've had a lot over the past 48 hours”. More>>

Update: After a seven hour caucus meeting David Cunliffe has announced Chris Hipkins and Carmel Sepuloni as new party whips and said the Labour council will hold an independent review into the election result. He did not comment on any leadership vote.

 

Gordon Campbell: On Labour’s Very Bad Year

While Labour leader David Cunliffe still appears to be in denial about the extent of Saturday night’s debacle, there was hardly a single redeeming feature about the election results for the centre-left... More>>

ALSO:

General Election NZ: National Win

Election Night: With almost all votes counted National and John Key have won a third term and are close to being able to govern alone if they so choose. Key has indicated he will still reach out to form a Government with ACT, United Future and Maori Party. More>>

ALSO:

Perfectly-Timed Anniversaries: Suffrage Day Is Last Chance To Enrol

“The last chance to enrol is Friday 19 September. You can’t enrol on election day.” More>>

ALSO:

Gordon Campbell: On First Time Voting (Greens)

For the last two days, I’ve turned my column over to a couple of guest columnists who are first time voters… Today’s guest columnist is Ana Avia-O’Connor, who will be casting her first time vote on Saturday for the Greens. More>>

ALSO:

Meddling: Aussie Liberals Embroiled In Key Campaign

John Key needs to explain why Australia’s Liberal Party is interfering in New Zealand domestic politics and is encouraging Kiwi voters across the ditch to vote for National just days out from the election, Labour’s campaign spokesperson Annette King says. More>>

ALSO:

SURVEILLANCE:

Election Ad Soundtrack: Rapper Eminem Sues National Party Over Copyright Breach

US rapper Eminem is suing the New Zealand National Party for alleged copyright infringement over unauthorised use of the rapper’s ‘Lose Yourself’ song in an election campaign advertisement. More>>

ALSO:

Big March: Call For An End To Domestic Violence

Hundreds of protesters marched down Lambton Quay to Parliament Monday calling for an end to domestic violence. Wearing white facemasks, waving banners and calling for “safety” for the women and children of New Zealand.. More>>

ALSO:

Pre-Election Chartering: Four New Partnership Schools To Open

Education Minister Hekia Parata today announced the Government has signed contracts to open four new Partnership Schools in 2015. More>>

ALSO:

Werewolf 50 Out Now - The Election Issue: Loss Leaders

Gordon Campbell: A third term requires a mature decision, with eyes wide open. It calls for a conscious vote of confidence… Without trying hard here are about 19 reasons, in no particular order, for not ticking ‘party vote’ National. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news