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


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines



#soperraid: Police Search Wellington Apartment Of TV3 Journalist

Police on Tuesday morning began searching the home of another Wellington journalist... police were searching the Wellington apartment of TV3’s Heather du Plessis-Allan as part of an investigation into her report on the unlicensed purchase of a rifle. More>>


Relationship Property, Declaratory Judgments, And... New Law Commission To Review Search And Surveillance Law

“This joint review will consider how this law has operated since it was passed, and whether any changes are needed to respond to issues such as the impact of modern technology on the ability of Police and other authorities to prevent and investigate crime,” says Ms Adams. More>>


Housing Issues: Homelessness On The Horizon For Baby Boomers

Baby Boomers who have held down jobs and contributed to the well-being of New Zealand through their taxes may yet become homeless in late middle age or early retirement without urgent Government action, says The Salvation Army. More>>


Treasury Has Doubts On Christchurch Rebuild And... Auditor-General Follows Up On EQC

Despite the improvements made, EQC could still learn better from complaints and improve its customer focus and interactions... Although the programme is nearing completion, EQC needs to provide the best service possible for the home owners whose homes are still to be repaired. More>>


Man Who Banned 'Into The River' Out The Door: Appointments To The Film And Literature Board Of Review

Internal Affairs Minister Peter Dunne has announced seven appointments to the Film and Literature Board of Review... “The new members of the Board... will provide a strong mix of skills and experience to help the Board carry out its functions, while representing a cross-section of society.” More>>


Climate Marches: New Zealanders March For Solutions Not Pollution

Ahead of the UN Climate Summit in Paris more than 15,000 New Zealanders have taken part in the Peoples Climate march in Auckland, kicking off the largest climate mobilisation the world has ever seen... More>>


Labour: Little Announces New Shadow Cabinet

“Labour had an impressive intake of fresh faces after last year’s election and newest MPs have now had a year to show what they’re made of. This reshuffle rewards hard work and continues my drive to renew our Caucus line up." More>>


Because Reasons: Someone Reckons David Seymour Is Politician Of The Year

Trans Tasman's 11th annual Roll Call has thrown a curve ball this year, ignoring the likes of John Key, Bill English, and Winston Peters to pick its politician of the year from the ranks of the new generation. More>>


Whaling: NZ Deeply Disappointed By Japan's Decision

“New Zealand is strongly opposed to whaling in the Southern Ocean. We call on Japan to take heed of the 2014 International Court of Justice decision and international scientific advice concerning their whaling activities.” More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news