6 July 2017
Media: Rotorua Daily Post
Topic: Operation & Monitoring Committee meeting follow up - Asset Sales
Inquiry
Following the operational and monitoring committee meeting this morning I have a question:
In the agenda on page 20 it said there is a "keen interest in a number of commercial and residential properties that are no longer required and these should result in sales in the new financial year which will be used to help repay this debt increase"
- How many properties are the RLC considering selling and which properties are these?
Response
For commercial reasons we can't give you a list of properties earmarked for sale but can tell you the following which, if you need to attribute it, this please attribute to Chief Financial Officer Thomas Coll:
Council has a number of residential properties it owns which are earmarked for sale and is reviewing some of its commercial properties with a view to putting them on the market. All council property sales are approved through the Strategy, Policy & Finance Committee.
________________________________________________________________________________________
Media: Rotorua Review
Topic: Operation & Monitoring Committee meeting follow up - parking financial figures
Inquiry
The Rotorua Review wanted to clarify the financials reported by Stavros Michael in the Operations & Monitoring meeting - $170,000 revenue and $395,000 deficit.
Response
From General Manager Infrastructure Stavros Michael -
The report given at the Operations and Monitoring Committee meeting (6 July) highlighted extra revenue of $170,000 received from parking services which is over and above our annual forecasted budget of about $1.6million.
Parking services includes the money from parking meters, meter hood purchases and annual carpark rentals.
The figure of $395,000 is made up of outstanding infringement fees and court ordered reparations for unpaid fines. Ultimately Council will fall under the annual Parking services budget by approximately $225,000 which is the difference between the two figures reported.
The reduction in ticket revenue is a result of Council establishing free parking areas in the central city as part of the Inner City Revitalisation projects, 80% of shoppers staying less than an hour and the parking wardens taking a less punitive approach to ticketing.
