Relevant and reliable information about assets remains a challenge for local authorities according to a new Auditor General’s audit report.
The report on NZ local council’s states that if you don’t have information about assets, elected members cannot make good decisions about whether they are spending the right amount at the right time on the assets they govern."
Service may not be maintained in the future if they underinvest as the risks of asset failure increases"
Chair of the Operations and Finance Committee, Waikanae Ward Councillor Michael Scott says he welcomes the 2016/17 audit of all NZ councils.
The Auditor General’s annual report on the audits was tabled in Parliament this month.
The report identifies highlights, emerging trends and identifies issues that may need a stronger focus, either by local government or parliament.
Councillor Michael Scott says the report highlights some challenges for local government to respond to and in Kāpiti. He says It's pleasing to see we’re already ahead of the game.
“We have a number of initiatives and strategies already underway through our long term plan processes that address some of the key themes the report identifies as important focus areas for local councils.
He says this includes looking at rating practices, investing at an appropriate level in assets, along with risk assessment and planning for natural hazards.
“Its all about learning to live within our means, so that we manage debt levels while continuing to invest in the right infrastructure improvements at the right time.”