The line graph shows the past and projected finances for a local authority in New Zealand.
The given graph illustrates past and future expenditures of a local authority in New Zealland over the period from 2012 to 2022.
Overall, it is predicted that, while user charges and rates revenue will experience an upward trend, borrowings and grants and subsidies will fluctuate.
Turning to the details, rates revenue was prevalent in 2012 comprised for just under 1, 500 m $, following by a significant increase and it is predicted that it will maintain its dominance in 2022 accounting for just under 2, 500 m $. Correspondingly, remarkable growth will also be witnessed by user charges, to be more precise, it will double and reach 2, 000 m $ by 2022.
On the other hand, it is estimated that, borrowing and grants/ subsidies will experience ups and downs sharing 3rd and 4th places on the ranking throughout decade. Being just under 1000, borrowings will decline slightly by 2022, in contrast, grants/subsidies will rise slightly reaching 500 m$.
The
given
graph illustrates past and future expenditures of a local authority in New Zealland over the period from 2012 to 2022.
Overall
, it
is predicted
that, while user charges and rates revenue will experience an upward trend, borrowings and grants and subsidies will fluctuate.
Turning to the
details
, rates revenue was prevalent in 2012 comprised for
just
under 1, 500 m $, following by a significant increase and it
is predicted
that it will maintain its dominance in 2022 accounting for
just
under 2, 500 m $.
Correspondingly
, remarkable growth will
also
be witnessed
by user charges, to be more precise, it will double and reach 2, 000 m $ by 2022.
On the other hand
, it
is estimated
that, borrowing and grants/ subsidies will experience ups and downs sharing 3rd and 4th places on the ranking throughout decade. Being
just
under 1000, borrowings will decline
slightly
by 2022,
in contrast
, grants/subsidies will rise
slightly
reaching 500 m$.