Kōmiti ā Pūtea, ā Mahi Hoki /
Finance and Performance Committee

 

OPEN MINUTES

 

Minutes of a meeting of the Finance and Performance Committee held remotely on Thursday, 17 March 2022 at 10.00am and can be viewed on the Auckland Council website, https://councillive.aucklandcouncil.govt.nz/ .

 

present

 

Chairperson

Cr Desley Simpson, JP

 

Deputy Chairperson

Cr Shane Henderson

 

Members

Cr Josephine Bartley

From 11.07am, Item 8

 

Cr Dr Cathy Casey

 

 

Deputy Mayor Cr Bill Cashmore

 

 

Cr Fa’anana Efeso Collins

 

 

Cr Pippa Coom

 

 

Cr Linda Cooper, JP

 

 

Cr Angela Dalton

 

 

Cr Chris Darby

 

 

Cr Alf Filipaina, MNZM

 

 

Cr Christine Fletcher, QSO

Until 11.25pm, Item 8

 

Mayor Hon Phil Goff, CNZM, JP

 

 

Cr Richard Hills

 

 

Cr Tracy Mulholland

 

 

Cr Greg Sayers

 

 

Cr Sharon Stewart, QSM

 

 

IMSB Chair David Taipari

 

 

Cr Wayne Walker

 

 

Cr John Watson

 

 

Cr Paul Young

 

ABSENT

 

Members

Cr Daniel Newman

For absence

 

IMSB Member Renata Blair

 

ALSO PRESENT

 

 

Ruth Jackson, Chair

Devonport-Takapuna Local Board

 

Note:   All members of the Finance and Performance Committee and those presenting attended via electronic link.


Finance and Performance Committee

17 March 2022

 

 

 

1          Apologies

 

Resolution number FIN/2022/7

MOVED by Chairperson D Simpson, seconded by Cr A Dalton:  

That the Finance and Performance Committee:

a)          accept the apologies from:

Absence

Cr D Newman

Early departure

Cr C Fletcher
Mayor P Goff – on council business.

CARRIED

Note:   Apologies were subsequently received from Cr J Bartley for lateness and IMSB Member R Blair for absence.

Subsequently, Mayor P Goff did not depart early.

 

 

Note:   a roll-call was conducted that ascertained the following members were in attendance at the commencement of the meeting:

 

Member

Member

Cr D Simpson

ü

Cr C Fletcher

ü

Mayor P Goff

ü

Cr S Henderson

ü

Deputy Mayor BC Cashmore

ü

Cr R Hills

ü

Cr J Bartley

 

Cr T Mulholland

ü

IMSB Member R Blair

 

Cr D Newman - apology

 

Cr C Casey

ü

Cr G Sayers

ü

Cr E Collins

ü

Cr S Stewart

ü

Cr P Coom

ü

Cr W Walker

ü

Cr L Cooper

ü

Cr J Watson

ü

Cr A Dalton

ü

IMSB Chair D Taipari

ü

Cr C Darby

ü

Cr P Young

ü

Cr A Filipaina

ü

 

 

 

 

2          Declaration of Interest

 

There were no declarations of interest.

 


 

 

3          Confirmation of Minutes

 

Resolution number FIN/2022/8

MOVED by Chairperson D Simpson, seconded by Cr W Walker:  

That the Finance and Performance Committee:

a)          confirm the ordinary minutes of its meeting, held on Thursday, 9 December 2021, including the confidential section, and the extraordinary minutes of its meeting, held on Tuesday, 8 February 2022, including the confidential section, as a true and correct record.

CARRIED

 

 

4          Petitions

 

There were no petitions.

 

 

5          Public Input

 

There was no public input.

 

 

6          Local Board Input

 

6.1

Local Board input - Devonport-Takapuna Local Board, 4 Blomfield Spa, Takapuna

 

A PowerPoint presentation was given.  A copy has been placed on the official minutes and is available on the Auckland Council website as a minutes attachment.

 

Resolution number FIN/2022/9

MOVED by Cr R Hills, seconded by Cr C Darby:  

That the Finance and Performance Committee:

a)         thank Ruth Jackson, Chair – Devonport Takapuna Local Board for her attendance and the information provided regarding 4 Blomfield Spa, Takapuna.

CARRIED

 

Attachments

a     17 March 2022 - Finance and Performance Committee Item 6.1: Local Board Input - Chair Ruth Jackson, Devonport / Takapuna Local Board - PowerPoint presentation.

 

 

7          Extraordinary Business

 

There was no extraordinary business.

 

 


 

 

8

Presentation from Eden Park Trust Board

 

Cr E Collins left the meeting at 11.05am.
Cr J Bartley entered the meeting at 11.07am.

 

Nick Sautner, Chief Executive – Eden Park; Brett Winstanley, Chief Financial Officer – Eden Park; and Doug McKay, Eden Park Trust Board Chair provided a PowerPoint presentation.  A copy has been placed on the official minutes and is available on the Auckland Council website as a minutes attachment.

 

Resolution number FIN/2022/10

MOVED by Chairperson D Simpson, seconded by Cr C Fletcher:  

That the Finance and Performance Committee:

a)      thank the representatives of the Eden Park Trust Board for their attendance and the information provided.

CARRIED

 

Attachments

a     17 March 2022, Finance and Performance Committee, Item 8 - Presentation from Eden Park Trust Board - PowerPoint presentation

 

 

Cr C Fletcher retired from the meeting at 11.22am

 

 

9

4 Blomfield Spa, Takapuna - s138 Local Government Act 2002 consultation

 

A PowerPoint presentation was given.  A copy has been placed on the official minutes and is available on the Auckland Council website as a minutes attachment.

 

Cr E Collins returned to the meeting at 11.30am.

 

Resolution number FIN/2022/11

MOVED by Cr L Cooper, seconded by Cr S Henderson:  

That the Finance and Performance Committee:

a)      note the 20 submissions received regarding the disposal of 4 Blomfield Spa, Takapuna

b)      confirm the 16 July 2020 approval to dispose of 4 Blomfield Spa, Takapuna as it is not required to be retained by council for open space or recreational purposes.

A division was called for, voting on which was as follows:

For

Cr J Bartley

Cr C Casey

Deputy Mayor BC Cashmore

Cr E Collins

Cr P Coom

Cr L Cooper

Cr A Dalton

Cr A Filipaina

Mayor P Goff

Cr S Henderson

Chairperson D Simpson

IMSB Chair D Taipari

Against

Cr C Darby

Cr R Hills

Cr T Mulholland

Cr G Sayers

Cr S Stewart

Cr W Walker

Cr J Watson

Abstained

Cr P Young

The motion was declared carried by 12 votes to 7.

CARRIED

 

Attachments

a     17 March 2022, Finance and Performance Committee, Item 9 - 4 Blomfield Spa, Takapuna - s138 Local Government Act 2002 consultation – PowerPoint presentation

 

 

The meeting adjourned at 12.29pm and reconvened at 12.40pm.

 

 

Note:   a roll-call was conducted that ascertained the following members were in attendance when the meeting reconvened:

 

Member

Member

Cr D Simpson

ü

Cr C Fletcher - apology

 

Mayor P Goff

 ü

Cr S Henderson

ü

Deputy Mayor BC Cashmore

ü

Cr R Hills

ü

Cr J Bartley

 

Cr T Mulholland

 

IMSB Member R Blair - apology

 

Cr D Newman - apology

 

Cr C Casey

 

Cr G Sayers

ü

Cr E Collins

ü

Cr S Stewart

ü

Cr P Coom

ü

Cr W Walker

ü

Cr L Cooper

ü

Cr J Watson

ü

Cr A Dalton

ü

IMSB Chair D Taipari

ü

Cr C Darby

ü

Cr P Young

ü

Cr A Filipaina

ü

 

 

 

 

10

Auckland Council Group and Auckland Council Quarterly Performance Report for the six months ending December 2021

 

Note:   changes to the original motion, adding new clauses b), c), d), e) f) g) h) and i), were made as a Chair’s recommendation.

A PowerPoint presentation was given.  A copy has been placed on the official minutes and is available on the Auckland Council website as a minutes attachment.

 

Cr T Mulholland returned to the meeting at 12.43pm.
Cr C Casey returned to the meeting at 12.43pm.
Cr J Bartley returned to the meeting at 12.49pm.

 

 

Resolution number FIN/2022/12

MOVED by Chairperson D Simpson, seconded by Cr S Henderson:  

That the Finance and Performance Committee:

a)      receive the Auckland Council Group and Auckland Council quarterly performance reports for the six months ended 31 December 2021

b)      note that the results for the six months ended 31 December 2021 confirm many of the pressures anticipated in our Recovery Budget

c)      note that uncertainty and disruption caused by both the COVID-19 pandemic and unfavourable economic trends has placed pressure on the operations and finances of the group and council for this period

d)      note that despite challenges capital investment delivery for the council group was 71 per cent or $917 million of the $1,296 million budget for the period

e)      note that whilst debt increased by $106 million to help fund capital investment, the council has maintained the AA and Aa2 credit ratings from S&P Global Ratings and Moody’s Investor Services respectively

f)       note that borrowing for this quarter included the issuance of EUR 500million in green bonds, council’s first offshore green bond insurance

g)      note direct revenue for the group was down $35 million as a result of the extended COVID-19 lockdown and water restrictions in the first quarter, the largest shortfalls being fees and service charges which are reliant on public usage

h)      note direct expenditure for the group was $43 million favourable to budget mainly due to work programme delays, reduced costs for public transport. and cancelled or postponed events

i)       note the progress of $70.6 million (78.4 per cent) achieved towards the council’s $90 million operating budget savings target for the 2021/2022 financial year, including $6.2 million achieved during the quarter ended 31 December 2021.

CARRIED

 

Attachments

a     17 March 2022, Finance and Performance Committee, Item 10 - Auckland Council Group and Auckland Council Quarterly Performance Report for the six months ending December 2021– PowerPoint presentation

 

 

11

Sport and Recreation Facility Investment Fund - Budget update

 

Resolution number FIN/2022/13

MOVED by Cr A Filipaina, seconded by Cr E Collins:  

That the Finance and Performance Committee:

a)      approve the change in budget to convert $300,000 operational budget from the Sport and Recreation Facility Investment Fund to Auckland Council’s capital budget to properly account for the delivery cost of the Māngere Centre Park project.

b)      note that there are no additional funding implications from this decision to convert the budget from operational expenditure to capital expenditure.

CARRIED

 

 

12

Review of the Forward Work Programme - Finance and Performance Committee

 

Note:   a change to the original motion, amending clause b) was made with the agreement of the meeting.

The Forward Work Programme noted a report would be considered for the approval of levies for Auckland Regional Amenities Funding Board, Museum of Transport and Technology and Auckland War Memorial Museum at the committee’s March meeting.  This report will be considered by the Governing Body at its meeting scheduled to be held on 28 April 2022.

 

Resolution number FIN/2022/14

MOVED by Cr C Casey, seconded by Chairperson D Simpson:  

That the Finance and Performance Committee:

a)      riro / receive and arotake / review the progress on the 2022 forward work programme as appended in Attachment A of the agenda report.

b)      whakaae / approve the forward work programme to October 2022 as appended in Attachment A of the agenda report and amended at the meeting.

CARRIED

 

 

13

Summary of Finance and Performance Committee information memoranda and briefings - 17 March 2022

 

Resolution number FIN/2022/15

MOVED by Chairperson D Simpson, seconded by Cr C Casey:  

That the Finance and Performance Committee:

a)      riro / receive the Summary of Finance and Performance Committee information memorandum and briefings as at 17 March 2022.

CARRIED

 

 

14        Consideration of Extraordinary Items

 

There was no consideration of extraordinary items.

 

 

2.06pm                                               The Chairperson thanked Members for their attendance and attention to business and declared the meeting closed.

 

CONFIRMED AS A TRUE AND CORRECT RECORD AT A MEETING OF THE Finance and Performance Committee HELD ON

 

 

 

DATE:.........................................................................

 

 

 

CHAIRPERSON:.......................................................