Central Otago District Council

City/District Council

$1,815,441 Kanoa Funding Visit Website

Council Details

Council Type: City/District Council
Short Name: Central Otago
CEO: -
Established: -

Contact

Website: www.codc.govt.nz
Email: -
Phone: -
Address: -

Elected Member Remuneration (2025-2026)

Mayor Salary

$139,677

+11.5% from 2025($14,365)

Average Councillor Salary

$38,290

+12.1% from 2025($4,143)

Source: NZ Taxpayers' Union (via Remuneration Authority data). Average councillors' salaries calculated by dividing each council's governance remuneration pool by the number of councillors.

Financial Health Score (2024)

Overall Score

64.7/100

Tier 3 - Acceptable

National Ranking

#14

of all councils

Peer Group Ranking

of 15 in Rural

Solvency

30%

Operational

72.5

25%

Liquidity

72.5

15%

Assets

53.2

15%

Sustainability

15%

Net Debt to Revenue

48%

Interest Coverage

-x

Operating Margin

Debt to Assets

2.9%

Financial Position (Stats NZ Data)

Total Assets

$1.2B

Total Debt

$35M

Rates Revenue

$42M

Current Ratio

1.24x

Source: Stats NZ Local Authority Financial Statistics. Scoring methodology based on DIA financial prudence benchmarks.View all council rankings →

Historical Financial Data

Year:32 years available

Operating Income

$59.8M

-9.1% YoY

Operating Expenditure

$69.8M

+6.2% YoY

Operating Result

$-10.0M

Deficit

Total Result

$10.6M

Income

Rates$42.0M

Regulatory Income & Petrol Tax$3.5M

Grants, Subsidies & Donations$3.7M

Interest Income$633K

Dividend Income$0

Sales & Other Income$10.0M

Total Operating Income$59.8M

Expenditure

Employee Costs$15.2M

Depreciation & Amortisation$19.5M

Grants, Subsidies & Donations$1.2M

Interest Expenditure$1.6M

Purchases & Other$32.4M

Total Operating Expenditure$69.8M

Source: Stats NZ Local Authority Financial Statistics. All values in NZD.

Pecuniary Interests

18 councillors, 63 interests declared

Source: Council pecuniary interest registers under the Local Authorities (Members' Interests) Act 1968. Declared interests do not imply conflicts or improper conduct.View all councils →