QTS-043 · Accountability report · 2020
2019/20 Annual Report (Rīpoata ā-tau)
QLDC's 2019/20 Annual Report records capital expenditure 'below estimate by $108.1m' (p.8), $16.2m of it transport timing. The delayed Queenstown Arterials project 'created an unfavourable variance of $20.2m' in grants and subsidies, linked to NZTA approval (pp.7, 10). $67.75m of carry-forwards were approved, including deferred Queenstown parking improvements ($1.31m) and park-and-ride services ($1.25m) (p.13). The three waters and roading capital works KPI was 66% against >80% (p.55). The Council secured $85m of Crown Infrastructure Partners funding for Queenstown streetscapes and arterial stage one (p.28). No mass rapid transit reference was found.
What the document says
Context and purpose. Annual Report for 2019/20, the second year of the 2018-2028 plan and the first COVID-19 year, signed 29 October 2020 (p.23).
Transport. Capital expenditure was 'below estimate by $108.1m for the year ended 30 June 2020', of which transport accounted for $16.2m of timing differences (p.8). 'The delay associated with the Queenstown Arterials project created an unfavourable variance of $20.2m' in grant and subsidy revenue, attributed to the NZTA approval process for major Queenstown transport improvements (pp.7, 10). Carry-forwards of $67.75m were approved in August 2020 (p.13), and Queenstown parking improvements ($1,311,074) and Park and Ride transport services ($1,248,033) were deferred at year end (p.13). The Council reports 'Securing $85m in CIP funding for the Queenstown Streetscapes and stage one of the Arterials' (p.28); the Chief Executive puts combined Government and Council investment in the two projects at $125m with 320 expected jobs (p.4).
Performance. The capital works KPI for three waters and roading was 66% against a target above 80%, with $40.2m spent against a year-to-date budget of $61.2m (p.55).
Mass rapid transit: No reference to mass rapid transit was found in the text read.
Key figures
- Capital expenditure $108.1m below estimate; transport $16.2m of timing (p.8)
- Queenstown Arterials unfavourable grant/subsidy variance $20.2m (p.7)
- Carry-forwards $67.75m (p.13)
- Deferred: Queenstown parking improvements $1,311,074; Park and Ride services $1,248,033 (p.13)
- Capital works KPI (three waters and roading) 66% vs >80% (p.55)
- $85m CIP funding for streetscapes and arterial stage one (p.28)
Files
- Open Main document (PDF, 10 MB) Opens in a new tab.
Main document
- Open Part 2 (PDF, 1.1 MB) Opens in a new tab.
Part 2
Public copies
Actions recorded
Carry forward $67.75m of capital projects to 2020/21
Not assessed · QLDC · 2020/21
$67.75m of carry-forward projects
Defer Queenstown parking improvements ($1,311,074) and Park and Ride transport services ($1,248,033)
Not assessed · QLDC · Deferred at year end 2019/20
deferred at year end
Deliver Queenstown Streetscapes and Arterials stage one with $85m Crown Infrastructure Partners funding
Not assessed · QLDC · From 2020/21
Securing $85m in CIP funding
Study cost
Not separately commissioned. This is an internal or corporate document.
Citation
2019/20 Annual Report (Rīpoata ā-tau) (2020).