Audit Committee 13 December 2013
Thursday, December 12, 2013 at 10:48AM
Bill Barclay

I looked in vain for an indication that the current financial status of Council, and the interest rate crisis in particular may be on the public agenda for tomorrow's meeting.

No such luck, but there it is - secreted away in Public Excluded - "Briefing on the December 2013 Funding and Interest Rate Strategy". Oh to be a fly on the wall for that discussion. This may well be the first time that Mr Jones and the Audit Office representative have been informed about the imbroglio.

Just another matter of interest - In checking the website,  I see that for the first time to my knowledge that Chief Financial Officer - Steve Baker is now a member of the Committee. I have nothing against Steve, but I do not believe that it is at all appropriate for the CFO to be a member of this Committee - he should be reporting to it, and nothing more. Talk about the 'fox in the chicken-house'!

I believe that it contrary to best practice for a staff member to be member of a standing committee in any circumstance, and in particular - the Audit Committee. I have never heard of such an arrangement anywhere else, and it indicates a totally unprofessional approach to this Committee's operation. I wonder if the OAG is aware - not that that means anything these days. Talk about ineffectual and incompetent - Kaipara told us all we need to know in that regard.  

The manner in which he was appointed warrants further investigation. It can only have been through the Mayor - he appoints Committee members, but in what manner was this appointment ratified by Council, I wonder?

Curiouser, and curiouser!

 

 

 

Article originally appeared on BillBarcBlog (http://billbarclay.co.nz/).
See website for complete article licensing information.