Funding Impact Statement and Income Statement - Stormwater

Funding Impact Statement for the Years Ended 30 June 2026 - 2034 for Stormwater
(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	0	0	0	0	0	0	0	0	0	0
Targeted rates	11,692	13,446	16,592	20,434	21,635	23,203	24,290	24,736	25,245	26,455
Subsidies and grants for operating purposes	0	0	0	0	0	0	0	0	0	0
Fees and charges	101	122	127	132	137	142	146	150	153	157
Internal charges and overheads recovered	98	382	269	0	0	0	0	0	0	0
Local authorities fuel tax, fines, infringement fees, and other receipts	0	0	0	0	0	0	0	0	0	0
Total operating funding	11,891	13,950	16,988	20,566	21,772	23,345	24,436	24,886	25,398	26,612

Application of operating funding
Payments to staff and suppliers	4,429	5,894	6,175	6,337	6,784	7,236	7,695	8,006	8,296	8,655
Finance costs	1,981	1,624	1,757	1,766	1,797	2,198	2,113	1,788	1,612	1,901
Internal charges and overheads applied	434	566	583	599	614	629	643	657	671	685
Other operating funding applications	0	0	0	0	0	0	0	0	0	0
Total application of operating funding	6,844	8,084	8,515	8,702	9,195	10,063	10,451	10,451	10,579	11,241

Surplus/(deficit) of operating funding	5,047	5,866	8,473	11,864	12,577	13,282	13,985	14,435	14,819	15,371

Sources of capital funding
Subsidies and grants for capital expenditure	37	63	33	0	0	0	0	0	0	0
Development and financial contributions	650	650	650	650	650	650	650	650	650	650
Increase/(decrease) in debt	12,266	5,353	-1,171	1,640	-479	1,071	-5,239	-8,210	970	10,349
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	12,953	6,066	-488	2,290	171	1,721	-4,589	-7,560	1,620	10,999

Application of capital funding
Capital expenditure
- to meet additional demand	2,649	1,946	966	1,322	1,867	2,512	2,043	1,691	2,932	4,207
- to improve the level of service	7,043	3,182	1,963	9,043	9,138	9,409	2,999	2,390	6,488	6,615
- to replace existing assets	8,308	6,804	5,056	3,789	1,743	3,082	4,354	2,794	7,019	15,548
Increase/(decrease) in reserves	0	0	0	0	0	0	0	0	0	0
Increase/(decrease) of investments	0	0	0	0	0	0	0	0	0	0
Total application of capital funding	18,000	11,932	7,985	14,154	12,748	15,003	9,396	6,875	16,439	26,370

Surplus/(deficit) of capital funding	-5,047	-5,866	-8,473	-11,864	-12,577	-13,282	-13,985	-14,435	-14,819	-15,371

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

Income Statement for the Years Ended 30 June 2026 - 2034 - Stormwater
(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	11,692	13,446	16,592	20,434	21,635	23,203	24,290	24,736	25,245	26,455
External revenue	101	122	127	132	137	142	146	150	153	157
Grants and subsidies revenue	37	63	33	0	0	0	0	0	0	0
Development contributions revenue	650	650	650	650	650	650	650	650	650	650
Vested assets	516	516	516	516	516	516	516	516	516	516
Internal revenue	98	382	269	0	0	0	0	0	0	0
Total revenue	13,094	15,179	18,187	21,732	22,938	24,511	25,602	26,052	26,564	27,778

Expenditure
Personnel costs	1,278	1,581	1,675	1,826	1,872	1,916	1,960	2,003	2,045	2,088
Operations and maintenance	1,240	1,447	1,563	1,667	1,924	2,184	2,449	2,571	2,672	2,864
Occupancy costs	1,666	2,166	2,274	2,375	2,502	2,633	2,768	2,899	3,033	3,145
Consumables and general	245	700	662	469	487	503	518	533	545	558
Grants and subsidies	0	0	0	0	0	0	0	0	0	0
Internal charges	434	566	583	599	614	629	643	657	671	685
Depreciation and amortisation	9,770	11,242	11,396	11,864	12,576	13,282	13,985	14,435	14,820	15,371
Interest	1,981	1,624	1,757	1,766	1,797	2,198	2,113	1,788	1,612	1,901
Total expenditure	16,614	19,326	19,910	20,566	21,772	23,345	24,436	24,886	25,398	26,612

Net surplus/(deficit)	-3,520	-4,147	-1,723	1,166	1,166	1,166	1,166	1,166	1,166	1,166

Expenditure by Activity
Stormwater	16,614	19,326	19,910	20,566	21,772	23,345	24,436	24,886	25,398	26,612
Total expenditure	16,614	19,326	19,910	20,566	21,772	23,345	24,436	24,886	25,398	26,612

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