The statistical data about the financial position of New Zealand local authority during the time frame of 2012 to 2022 has been illustrated by the line graph. The units of measurement is given in million of dollars.
To commence with, the both rates of revenue and user charges had been increased with similar pattern until the year of 2022, as 1. 5 million dollars of revenue was noticed in 2012, which was 5 million dollars more as compared to user charges and they are expected to grow around 2000 million dollars in 2022, which would be approximately 400 million dollars less than revenue rate.
In addition, the figure of borrowing had showed noticeable fluctuation, it was calculated roughly 600 million dollars. However, in end of the period it is estimated to increase by 150 million dollars, whereas the grant and subsidies were made lowest financial level, which was nearly 400 million of dollars in 2012. Although, in 2016 the expense of local organisation was double as opposed to 2012, but in 2022 it is expected to fall down again and reached at 500 million of dollars.
The statistical data about the financial position of New Zealand local authority during the time frame of 2012 to 2022 has
been illustrated
by the line graph. The units of measurement
is
given
in
million
of dollars.
To commence with, the both rates of revenue and user charges had
been increased
with similar pattern until the year of 2022, as 1. 5
million
dollars
of revenue
was noticed
in 2012, which was 5
million
dollars
more
as
compared to user
charges and
they are
expected
to grow around 2000
million
dollars
in 2022, which would be approximately 400
million
dollars
less than revenue rate.
In addition
, the figure of borrowing had
showed
noticeable fluctuation, it
was calculated
roughly 600
million
dollars
.
However
, in
end
of the period it
is estimated
to increase by 150
million
dollars
, whereas the grant and subsidies
were made
lowest
financial level, which was
nearly
400
million
of
dollars
in 2012. Although, in 2016 the expense of local
organisation
was double as opposed to 2012,
but
in 2022 it is
expected
to fall down again and reached at 500
million
of
dollars
.