Auckland’s $2.4 billion rail project may have hit another hurdle as city leaders consider pushing it back another three years.
Auckland Council will consider on December 9 whether to delay major construction on the City Rail Link to 2018.
But after discussions with Audit New Zealand, the mayor is now considering changing the construction start date of the proposed project under the super-city’s Long Term Plan (LTP).
BDespite the setback, Brown said he would retain his track record of success in convincing the Government to get on board.
In August the Auditor General was sounding a warning about the financial risks facing the city when Auckland’s Chief Financial Officer Andrew McKenzie jumped ship. The writing has been on the wall for some time. It sounds from the Stuff article as though some Councillors were at last able to bring some pressure to bear on the Auditor General to take a closer look at the figures.
A warning from the Auditor General to Auckland Council
A Warning from the Auditor General Outgoing Chief Financial Officer Andrew McKenzie presented his last budget to the Governing Body on Thursday.
In reply the Auditor General urged his boss, Auckland Council CEO Stephen Town, to ensure all the dots are joined in their financial management of big infrastructure projects like Hobsonville.
There's a large financial risk in having a number of agencies holding discrete cost centres rather than having a single budget wrapped around the projects, warned the Auditor General.