Finance Division

Descriptive Data

TypeAgencyDate Range1991-1995DescriptionThe Finance Division was set up as a result of the restructuring that took effect on 9 September, 1991. It took over the responsibilities of the City Treasurer and the Department of Finance. Its head was known as General Manager Finance. As at October 1991 Finance Division controlled management accounting, financial accounting, treasury, and property/plant management. It also controlled the newly-intergrated Tawa District Office. It was responsible for the financial return on resources, for delivering financial information, advice and analysis, and for the integrity of financial information. It gave advice on how best to allocate money for future work through financial planning, reporting, evaluation, and resources management. It accounted for all transactions such as rate, rents, fees and loan repayments, for staff and cheque payments and managed property and other investments. Bulk purchase contracts were also managed to obtain goods and services at the best price. During the 1993/1994 year, some property management functions were removed from the Finance Division into a City Development Unit that was established within the Capital Development Agency, responsible for property investment and development roles. With the further restructuring that took place during 1994/1995, some finance functions were linked with corporate services in the Finance and Corporate Services unit, under the control of the Corporate Office. Other functions, such as trade and investment, were taken over by the Economic Commissioning Group. After a refocusing of management functions in 1997, a full finance section was re-established in 1998/1999 using a variety of names. It was headed by the Chief Financial Officer.

Controlling Agency or Organisation

Controlling Agency or OrganisationWellington City CouncilControlling Agency or Organisation Date Range1870-

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Finance Division