Welcome to Gboard clipboard, any text you copy will be saved here.
Welcome to Gboard clipboard, any text you copy will be saved here. r56QN
The polyline graph illustrates the financial position of a New Zealand local authority in millions
from 2012 till the present and also shows the estimations till 2022.
Overall, it is clear that rates revenue and user charges are predicted to increase over the period.
While, borrowings and grants and subsidies are likely to remain much lower.
Rates revenue and user charges increased moderately till 2018 and they are forecasted to follow
the similar pattern over the rest of the time frame. Rates revenue stood at just under 1. 5 billion in
2012, which was the highest of the four criteria. Though it remained stable for a year but then
increased gradually until 2018, it is expected to climb to approximately 2. 4 billion dollars in 2022.
Like rates revenues, user charges are predicted to increase continuously. They began the period at
1 billion and are likely to become twice by 2022.
Borrowings, on the other hand, showed considerable fluctuations and are expected to do same in
the following years. Initially, they rose dramatically to about 1200 million in 2014 and followed a
drop of 600 million in 2016. After that although they increased steadily but they are predicted to
reach at peak of just under 1. 5 billion in 2020 and likely to finish the period at around the same
level from where they began. Grant and subsidies were the lowest of the four, at under 500 million
in 2012. Despite moving up to exceed borrowing briefly in 2016, this lowest value is forecasted to
decrease marginally over the rest of the time period.
The
polyline
graph illustrates the financial position of a New Zealand local authority in millions
from
2012 till the present and
also
shows
the estimations till 2022.
Overall
, it is
clear
that rates
revenue
and user charges
are predicted
to increase over the period.
While, borrowings and grants and subsidies are likely to remain much lower.
Rates
revenue
and user charges increased
moderately
till
2018 and
they
are forecasted
to follow
the
similar pattern over the rest of the time frame. Rates
revenue
stood at
just
under 1. 5
billion
in
2012, which was the highest of the four criteria. Though it remained stable for a year
but
then
increased
gradually
until 2018, it is
expected
to climb to approximately 2. 4
billion
dollars in 2022.
Like rates
revenues
, user charges
are predicted
to increase
continuously
. They began the period
at
1
billion
and are likely to become twice by 2022.
Borrowings,
on the other hand
,
showed
considerable fluctuations and are
expected
to do same in
the
following years.
Initially
, they rose
dramatically
to about 1200 million in 2014 and followed a
drop
of 600 million in 2016. After that although they increased
steadily
but
they
are predicted
to
reach
at peak of
just
under 1. 5
billion
in 2020 and likely to finish the period at around the same
level
from where they began. Grant and subsidies were the lowest of the four, at under 500
million
in
2012. Despite moving up to exceed borrowing
briefly
in 2016, this lowest value
is forecasted
to
decrease
marginally
over the rest of the time period.
Do not write below this line