Council adopts 2015-2016 Annual Report at Inaugural Meeting

Council adopted its 2015-2016 Annual Report at the Inaugural Council Meeting held last night (26 October 2016).

The Chairman of the Finance and Policy Committee, Deputy Mayor Darren Ludlow, said the Report showed a good result for the year.

“It received a clear audit report from Audit NZ and showed that Council is in a strong financial position and is operated in a prudent financial manner,” he said. “Council met seven out of the eight financial benchmarks, with the eighth to be met as larger capital projects are achieved in the 2016-2017 year.”

The Annual Report is available online: