Funding Impact Statement and Income Statement - Roading and footpaths

Funding Impact Statement for the Years Ended 30 June 2026 - 2034 for Roading and Footpaths
(shown in $000s)
	2025 Annual Plan	2026 Budget	2027 Budget	2028 Budget	2029 Budget	2030 Budget	2031 Budget	2032 Budget	2033 Budget	2034 Budget
Sources of operating funding
General rates, uniform annual general charges, rates penalties	33,957	38,176	43,670	51,388	63,602	67,588	74,903	85,138	97,407	110,465
Targeted rates	40	40	44	47	49	53	57	61	63	68
Subsidies and grants for operating purposes	8,984	9,573	10,015	10,360	10,659	10,958	11,232	11,524	11,810	12,078
Fees and charges	2,185	1,969	2,030	2,089	2,147	2,205	2,258	2,314	2,369	2,422
Internal charges and overheads recovered	262	0	0	0	0	0	0	0	0	0
Local authorities fuel tax, fines, infringement fees, and other receipts	870	900	927	955	981	1,008	1,032	1,058	1,084	1,108
Total operating funding	46,298	50,658	56,686	64,839	77,438	81,812	89,482	100,095	112,733	126,141

Application of operating funding
Payments to staff and suppliers	25,850	27,054	28,179	29,627	31,012	31,879	34,960	37,159	37,759	37,985
Finance costs	7,887	6,392	8,940	9,944	10,108	12,376	11,952	11,551	10,730	9,546
Internal charges and overheads applied	1,975	2,035	2,097	2,154	2,206	2,259	5,408	8,881	9,202	9,534
Other operating funding applications	0	0	0	0	0	0	0	0	0	0
Total application of operating funding	35,712	35,481	39,216	41,725	43,326	46,514	52,320	57,591	57,691	57,065

Surplus/(deficit) of operating funding	10,586	15,177	17,470	23,114	34,112	35,298	37,162	42,504	55,042	69,076

Sources of capital funding
Subsidies and grants for capital expenditure	13,732	22,372	16,558	15,799	16,215	16,618	16,977	17,350	17,706	18,034
Development and financial contributions	721	721	721	721	721	721	721	721	721	721
Increase/(decrease) in debt	15,052	19,245	26,678	21,430	-1,031	6,211	-11,969	-14,981	-20,702	-30,630
Gross proceeds from sale of assets	0	0	0	0	0	0	0	0	0	0
Lump sum contributions	0	0	0	0	0	0	0	0	0	0
Other dedicated capital funding	0	0	0	0	0	0	0	0	0	0
Total sources of capital funding	29,505	42,338	43,957	37,950	15,905	23,550	5,729	3,090	-2,275	-11,875

Application of capital funding
Capital expenditure
- to meet additional demand	1,217	1,501	2,573	2,556	2,237	2,034	2,000	1,908	1,933	2,049
- to improve the level of service	5,987	18,293	17,720	19,327	18,109	26,127	21,760	6,728	9,278	8,435
- to replace existing assets	32,887	34,966	32,579	38,641	36,853	38,169	38,583	39,431	40,241	41,420
Increase/(decrease) in reserves	0	0	0	0	0	0	0	0	0	0
Increase/(decrease) of investments	0	2,755	8,555	540	-7,182	-7,482	-19,452	-2,473	1,315	5,297
Total application of capital funding	40,091	57,515	61,427	61,064	50,017	58,848	42,891	45,594	52,767	57,201

Surplus/(deficit) of capital funding	-10,586	-15,177	-17,470	-23,114	-34,112	-35,298	-37,162	-42,504	-55,042	-69,076

Funding balance	0	0	0	0	0	0	0	0	0	0

Income Statement for the Years Ended 30 June 2026 - 2034 - Roading and Footpaths
(shown in $000s)
	Approved Budget 2025	Budget 2026	Budget 2027	Budget 2028	Budget 2029	Budget 2030	Budget 2031	Budget 2032	Budget 2033	Budget 2034
Revenue
Rates revenue	33,997	38,215	43,714	51,435	63,653	67,641	74,959	85,197	97,470	110,535
External revenue	2,156	1,969	2,030	2,088	2,147	2,205	2,258	2,314	2,370	2,422
Grants and subsidies revenue	23,617	32,844	27,500	27,114	27,857	28,584	29,241	29,931	30,599	31,220
Development contributions revenue	721	721	721	721	721	721	721	721	721	721
Vested assets	1,450	1,451	1,450	1,450	1,450	1,450	1,450	1,450	1,450	1,450
Internal revenue	262	0	0	0	0	0	0	0	0	0
Total revenue	62,203	75,200	75,415	82,808	95,828	100,601	108,629	119,613	132,610	146,348

Expenditure
Personnel costs	5,296	4,887	5,033	5,169	5,538	5,664	5,789	5,911	6,030	5,911
Operations and maintenance	17,320	19,214	20,104	20,889	21,614	22,315	25,690	27,678	28,096	28,430
Occupancy costs	1,540	1,383	1,427	1,469	1,512	1,555	1,595	1,637	1,678	1,717
Consumables and general	1,692	1,567	1,615	2,032	2,281	2,277	1,819	1,864	1,888	1,927
Grants and subsidies	0	0	0	68	68	68	68	68	68	0
Internal charges	1,975	2,035	2,097	2,154	2,206	2,260	5,408	8,881	9,202	9,534
Depreciation and amortisation	30,226	32,125	33,006	34,169	34,898	35,827	36,546	37,343	38,107	38,912
Interest	7,887	6,391	8,940	9,944	10,108	12,376	11,952	11,550	10,730	9,546
Total expenditure	65,936	67,602	72,222	75,894	78,225	82,342	88,867	94,932	95,799	95,977

Net surplus/(deficit)	-3,733	7,598	3,193	6,914	17,603	18,259	19,762	24,681	36,811	50,371

Expenditure by Activity
Business Support	12,306	10,780	13,453	14,573	14,856	17,242	16,931	16,643	15,937	14,857
Capital Delivery	30,637	32,566	33,078	34,039	34,434	35,302	35,948	36,666	37,362	37,976
Community Road Safety	674	610	629	647	667	684	701	718	734	748
Maintenance	18,738	20,549	21,478	22,301	23,063	23,802	30,308	35,753	36,476	37,126
Network	819	762	1,178	1,423	1,791	1,884	1,991	2,102	2,201	2,429
Planning	1,941	1,479	1,524	1,785	2,065	2,056	1,994	2,033	2,071	1,801
Road Safety	821	856	882	1,126	1,349	1,372	994	1,017	1,018	1,040
Total expenditure	65,936	67,602	72,222	75,894	78,225	82,342	88,867	94,932	95,799	95,977

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