Guest speaker for changeover was our own honorary member, past Cabinet Minister, NZ Consul General in Los Angeles and now elected member of the Auckland City Council, Maurice Williamson. Maurice, being no stranger to saying exactly what he thinks, entertained the large changeover crowd with a rousing presentation about the Council, various Council Controlled Organisations and the problems associated with wanting to spend more than income seems to allow. Key aspects of his presentation involved: - Rates versus CPI - The budget - Debt - Transport Planning - Sale of Auckland Airport Shares On rates versus the Consumer Price Index [CPI] Maurice had no trouble showing how the growth in rates had outstripped CPI. Rates had grown because Council expenditure had also trended upward. That was partially the result of the growth in staff numbers. That observation then led to the next point which was despite the increase in rates Council debt has also trended upwards. Council debt levels and the demand by the Mayor to reduce expenditure left Maurice who chairs the new Expenditure Control and Procurement Committee with some work to do. As he noted, while most people think the Council should spend less nobody thinks it should spend less in the areas that are important to them. Members will be aware of the wide ranging debate in the Council about how to manage that income versus expenditure problem by increasing debt levels or by reducing debt by cutting expenditure or by selling Council held shares in Auckland Airport.  Maurice made the case for why he strongly supported selling the airport shares. In essence he argued that the Council should divest itself of the shares because dividend returns from those shares would fall consistently below the projected cost of servicing the debt that the sale of the shares would realise. That is we will save more by reducing interest payments than we will earn from dividends. Having been Minister of Transport Maurice continues to be concerned about Aucklands transport problems and the actions being taken by Auckland Transport. Those concerns can be summarised as involving the expenditure of large amounts of money in areas where that money could be better spent or certainly spent in smaller quantities. He used the traffic reorganisation program on Fordyce Avenue and the bus and cycle ways from Panmure as examples of his concerns. Maurice presented a map of the East [Howick/ Pakuranga] to show how the area has not been part of the major transport network initiatives that have occurred in recent years in Auckland. Changeover is never a short meeting but despite speaking last Maurice kept the audience engaged and interested. |