Transparency should be a matter of course for Local Government.
Every cent of expenditure should be published and the way the accounts are prepared should be clear. Right down to the amount of depreciation and asset values (which should be provided in list with identifying references).
The Council should show all debts including the little short-term loans that the Council provides itself interest free from different parts of the ledger. We want to know just how rotten the state of affairs are.
Auckland Council has always preferred to keep its accounts private. Mostly because they know their excessive expenditure and huge debts will raise hackles.
So what do they offer up? A chump’s two-bit parlour trick.
Auckland Council is entering a new era of openness by publishing details about the spending of ratepayer money, says chief executive Stephen Town.
He says the first publication of details of contractors and suppliers last month was part of a bid to give ratepayers better information about how the city is run. Read more »