Note 29: Performance information
Te Motu Regional Economic Development Trust: Model financial statements 2008/09.
Performance information
| Performance information has not been included in the model. Section 68 of the Local Government Act 2002 (LGA 2002) requires a report on the operations of a CCO to contain information that is necessary to enable an informed assessment of the operations of that organisation and its subsidiaries, including:
|
| Section 69 of the LGA 2002 requires the auditor to issue an audit report on the CCO’s “performance targets and other measures by which performance was judged in relation to that organisation's objectives”. |

Note 28: Explanation of significant variances against budget
