Funding Impact Statement and Income Statement - Wastewater

Funding Impact Statement for the Years Ended 30 June 2026 - 2034 for Sewerage and Sewage
(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	41,392	47,598	51,851	57,984	61,759	69,499	76,219	82,296	87,795	92,569
Subsidies and grants for operating purposes	41	38	39	41	42	44	44	45	46	47
Fees and charges	896	1,121	1,167	1,215	1,261	1,304	1,343	1,381	1,413	1,445
Internal charges and overheads recovered	221	811	571	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	42,550	49,568	53,628	59,240	63,062	70,847	77,606	83,722	89,254	94,061

Application of operating funding
Payments to staff and suppliers	18,528	21,747	22,585	23,240	24,498	26,356	28,221	29,931	31,562	32,892
Finance costs	4,493	5,885	6,583	7,004	8,071	11,878	14,120	16,058	17,539	19,015
Internal charges and overheads applied	2,603	2,963	3,052	3,134	3,213	3,291	3,365	3,440	3,512	3,586
Other operating funding applications	0	0	0	0	0	0	0	0	0	0
Total application of operating funding	25,624	30,595	32,220	33,378	35,782	41,525	45,706	49,429	52,613	55,493

Surplus/(deficit) of operating funding	16,926	18,973	21,408	25,862	27,280	29,322	31,900	34,293	36,641	38,568

Sources of capital funding
Subsidies and grants for capital expenditure	84	134	71	0	0	0	0	0	0	0
Development and financial contributions	1,090	1,090	1,090	1,090	1,090	1,090	1,090	1,090	1,090	1,090
Increase/(decrease) in debt	10,323	12,713	10,153	10,929	41,233	45,896	44,930	33,838	26,762	33,779
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	11,497	13,937	11,314	12,019	42,323	46,986	46,020	34,928	27,852	34,869

Application of capital funding
Capital expenditure
- to meet additional demand	2,240	3,578	3,210	5,745	7,987	9,186	8,118	7,519	8,230	9,622
- to improve the level of service	12,754	6,211	10,705	15,877	45,031	46,342	41,026	39,979	27,360	18,378
- to replace existing assets	13,429	23,121	18,807	16,259	16,585	20,780	28,776	21,723	28,903	45,437
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	28,423	32,910	32,722	37,881	69,603	76,308	77,920	69,221	64,493	73,437

Surplus/(deficit) of capital funding	-16,926	-18,973	-21,408	-25,862	-27,280	-29,322	-31,900	-34,293	-36,641	-38,568

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

Income Statement for the Years Ended 30 June 2026 - 2034 - Sewerage and Sewage
(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	41,392	47,598	51,850	57,984	61,759	69,498	76,219	82,296	87,795	92,569
External revenue	896	1,121	1,168	1,215	1,261	1,304	1,343	1,381	1,413	1,445
Grants and subsidies revenue	124	172	110	41	42	43	44	45	46	47
Development contributions revenue	1,090	1,090	1,090	1,090	1,090	1,090	1,090	1,090	1,090	1,090
Vested assets	357	357	357	357	357	357	357	357	357	357
Internal revenue	221	811	571	0	0	0	0	0	0	0
Total revenue	44,080	51,149	55,146	60,687	64,509	72,292	79,053	85,169	90,701	95,508

Expenditure
Personnel costs	4,945	5,414	5,553	5,784	5,927	6,069	6,207	6,344	6,477	6,613
Operations and maintenance	6,617	7,322	7,746	8,297	8,985	10,277	11,585	12,752	13,859	14,706
Occupancy costs	6,340	7,326	7,671	7,998	8,379	8,762	9,144	9,514	9,875	10,192
Consumables and general	626	1,685	1,614	1,162	1,206	1,247	1,285	1,321	1,351	1,382
Grants and subsidies	0	0	0	0	0	0	0	0	0	0
Internal charges	2,603	2,963	3,052	3,134	3,213	3,290	3,365	3,440	3,512	3,586
Depreciation and amortisation	22,156	24,400	24,617	25,861	27,281	29,322	31,900	34,293	36,641	38,567
Interest	4,493	5,885	6,583	7,004	8,071	11,878	14,120	16,058	17,539	19,015
Total expenditure	47,780	54,995	56,836	59,240	63,062	70,845	77,606	83,722	89,254	94,061

Net surplus/(deficit)	-3,700	-3,846	-1,690	1,447	1,447	1,447	1,447	1,447	1,447	1,447

Expenditure by Activity
Wastewater	47,780	54,995	56,836	59,240	63,062	70,845	77,606	83,722	89,254	94,061
Total expenditure	47,780	54,995	56,836	59,240	63,062	70,845	77,606	83,722	89,254	94,061

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