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Investing for the future

Last updated: 22 February 2023
Reporting frequency: Quarterly
Portfolio: Regional and strategic leadership

We are improving the efficiency and effectiveness of existing funding sources and investigating new funding mechanisms to help address legacy environmental issues.

We are also delivering Long-Term Plans, Annual Plans and audited Annual Reports as required by the Local Government Act 2002.

How are we tracking on our Levels of Service?

Level of Service 36: Provide high-quality, accessible Long-Term Plan, Annual Plans, and Annual Reports that set our Council's strategic vision and how we are delivering on it

To achieve this level of service we will:

  • 36.1 Ensure our Long-Term Plan, Annual Plans and Annual Reports meet all Local Government Act planning requirements and financial reporting standards

How are we doing: On track. Our Annual Report/Te Pūrongo ā-Tau 2021/22 was adopted on 19 December 2022.

On track
Level of Service 37: Ensure we are an organisation with the capability and willingness to repay its debts

To achieve this level of service we will:

  • 37.1 Demonstrate, through independent opinion, our financial strength or creditworthiness

How are we doing: Our internationally recognised credit rating has been reviewed and we retain our AA+ rating.

Level of Service 38: Invest in activities that deliver agreed climate change outcomes (Environment Canterbury-led and/or collaborative activities embedded across all portfolios)

How are we doing: Council has agreed to move forward with an investigation of how to implement a Climate Change levy, and this Level of Service will be incorporated into that work, so we will not be measuring it this year.  Instead, this work will now become part of Level of Service 23, developing a Climate Change Action Plan in collaboration with the community to build resilience to climate change risks in Canterbury.


How are we doing on our key initiatives?

Timely development and engagement on Annual Plans and Long-Term Plans

How are we doing: The draft Annual Plan 2023/24 has been prepared for community engagement from 27 February – 3 April, and work on our next long-term plan has been initiated.

On track
Establishing a Green Philanthropy Fund

How are we doing: The fund was launched in November 2022.


Recent highlights and updates

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