We’ve been busy beavers in 2017/18!
Amongst other things, during the year we:
• Completed 2 km of road rehabilitation
• Worked on numerous stormwater upgrades
• Helped to fund Enviroschools and Zerowaste programmes at our schools
• Spent $123,000 on new books and electronic resources for our libraries
• Maintained the district’s toilets and pensioner housing
• Secured funding from the government to finish the last 9.8 kilometre section of the Hauraki Rail Trail from Pukorokoro/Miranda to Kaiaua
• Took part in a government subsidised neutering campaign for menacing dogs.
That’s not all. Here are a few more highlights of what we’ve been up to in our financial year, which ended 30 June 2018.
When it rains it pours
We had a few major weather events, including the rain, wind and tidal surge event affecting the Kaiaua Coast on 5th January 2018. These events put pressure on our roads, land drainage and stormwater services and caused damage that we must repair. Most of the storms exceeded the level of protection our stormwater systems were designed to provide.
Looking forward, we will work with these communities to develop a plan to address flooding issues in the short to medium term and the potential effects of climate change in the longer term.
Balancing the books
We had planned for a very small surplus of 0.5% for the year, and we ended the year with a $149,000 deficit (0.4%). Considering the challenges thrown at us this year, it is pleasing to have a result that was so close to what we had planned. At the end of June 2018, our net debt was $32 million which is $14 million less than we had planned for, which is a good thing – but it’s also important to note our debt was less than expected in part due to some of our planned projects being deferred because of unexpected issues.
What's an Annual Report?
The annual report is an overview of the work we’ve done in the last financial year. It outlines what we did, when we did it, and how much it cost.
Read the Annual Report
Read the full report online:
Request a copy by calling 07 862 8609 or 0800 734 834