Mr Shale has been overseeing a review of the group's subsidiary companies since last year, which was due to be presented to the council earlier this month.
Mr Shale told the Otago Daily Times last week his report was not finished but was due for completion within the next two months.
''It shouldn't be too far away.''
He would not discuss the report's focus yet, saying it needed to be given to councillors first, but confirmed recommendations for changes within the group of companies would feature.
''We will be making recommendations. It depends then on when they're taken up.''
Mr Shale's report was the latest step in a process that began with revelations of a multimillion-dollar shortfall in DCHL dividends to the council in 2011.
That triggered a review of DCHL by Warren Larsen, which concluded changes were needed, including a shake-up of directors.
Some changes had already been implemented, including the appointment of new directors for DCHL and its subsidiaries last year, but others - including the review of subsidiaries - were yet to be concluded.
The Larsen report had also suggested asset sales might be needed to address council debt levels, and it was reported late last year the DCHL review would include the scrutinising of company assets.
Dunedin Mayor Dave Cull last week said councillors had received ''verbal updates'' as Mr Shale's work continued, but were yet to see the final report, which was due ''quite soon''.
