Scoop has an Ethical Paywall
Licence needed for work use Learn More

Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Ruapehu Council’s $700k Blunder Shows Need For Standardised Council Accounting

The New Zealand Taxpayers’ Union is slamming Ruapehu District Council after it overspent by $700,000 on Community and Recreational services — blaming the blowout on incorrect coding.

Taxpayers’ Union Spokesman James Ross said:

"Ratepayers already struggling under a cost of living crisis and skyrocketing rates are right to call this completely unacceptable. Being whacked with a $700,000 bill because someone ticked the wrong box is a slap in the face to anyone expecting even basic financial competence."

"Errors like this are exactly why the Taxpayers' Union is calling for standardised financial reporting across all councils. Different general ledger codings and practices make it far too easy for mistakes like this to go unnoticed - and for accountability to slip through the cracks."

“If councils are serious about transparency, they must adopt clear, consistent financial reporting standards. Ratepayers deserve better than excuses.”

The Taxpayers’ Union is renewing its call for central government leadership to implement a national framework for council accounting standards, ensuring every ratepayer, journalist, and auditor can easily scrutinise where and how public money is being spent.

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured News Channels