Growing Hamilton

Finance Committee meeting wrap – 23 May 2019

Attendance numbers at Hamilton City Council’s three major venues reached more than 174,000 for the January-March 2019 period.

The Council’s H3 event venues division reported a fantastic quarter, with attendance numbers boosted by the HSBC World Rugby Sevens event at FMG Stadium Waikato, international T20 cricket matches at Seddon Park and graduation ceremonies at Claudelands.

Sean Murray, General Manager Venues, Tourism and Major Events, presented the quarterly report at the Finance Committee meeting today. Murray said attendance numbers have exceeded 409,000 so far in 2019.

“Our venues continue to be popular with a great mix of sporting events and concerts, but the most significant increase is in the conference sector. Over the last three months, we have hosted 49 business events and functions and bookings for 2020 are showing we could exceed this next year.”

Mr Murray also updated the committee on the arrival of the new Seddon Park floodlights and corporate boxes for FMG Stadium Waikato, both of which will be installed in the next few months.

Positive results continued with the capital portfolio monitoring report, which highlighted an 80% increase on capital spending against the same period last year.

Chris Allen, General Manager Development, said the Council was responding well to its biggest ever capital programme.

“We’ve invested $94.5M on capital improvements over the last nine months. Work is progressing well on our large development areas, Peacocke, Rotokauri, Rototuna and Ruakura, as well as smaller projects throughout the city including improved reticulation at the zoo, new playgrounds, and the Sanford Park pedestrian bridge.”

The increase in capital spending was mirrored by a larger than expected return in development contributions. Development contributions are paid by developers to offset the costs to the city for the infrastructure needed for growth.

The Council’s Financial Controller, Tracey Musty, said the Council had received $17.4M in development contributions this year, $4.3M more than expected.

The committee also received reports on non-financial organisational performance reporting, asset delegations and the renewal of a contract to supply library material.

The full meeting minutes are available online

Consultation open on Development Contributions Policy update
Council supports Hamilton’s final Special Housing Area application
Inuwai St park concept drawing
Peacocke’s first park recognises the area’s past

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