Funding Impact Statement and Income Statement - Governance and Support Services

Funding Impact Statement for the Years Ended 30 June 2022 - 2031 for Governance and Support Services
(shown in $000's)
	Annual Plan 2021	Budget 2022	Budget 2023	Budget 2024	Budget 2025	Budget 2026	Budget 2027	Budget 2028	Budget 2029	Budget 2030	Budget 2031
Sources of operating funding
General rates, uniform annual general charges, rates penalties	88	6,980	8,032	8,135	9,022	10,962	11,428	12,499	13,924	15,373	17,293
Targeted rates	643	513	518	523	468	393	377	337	266	215	179
Subsidies and grants for operating purposes	0	0	0	0	0	0	0	0	0	0	0
Fees and charges	10,765	9,684	9,645	9,335	9,246	9,479	9,358	9,494	9,876	9,743	9,851
Internal charges and overheads recovered	25,580	25,635	26,353	27,012	27,687	28,379	29,089	29,845	30,651	31,478	32,297
Local authorities fuel tax, fines, infringement fees, and other receipts	0	0	0	0	0	0	0	0	0	0	0
Total operating funding	37,076	42,812	44,548	45,005	46,423	49,213	50,252	52,175	54,717	56,809	59,620

Application of operating funding
Payments to staff and suppliers	35,613	33,792	35,121	35,415	36,276	38,297	38,891	39,739	41,450	42,077	43,353
Finance costs	549	1,230	1,442	1,479	1,515	1,519	1,483	1,443	1,393	1,331	1,239
Internal charges and overheads applied	6,869	6,770	6,960	7,134	7,312	7,495	7,682	7,882	8,095	8,313	8,529
Other operating funding applications	0	0	0	0	0	0	0	0	0	0	0
Total application of operating funding	43,031	41,792	43,523	44,028	45,103	47,311	48,056	49,064	50,938	51,721	53,121

Surplus/(deficit) of operating funding	-5,955	1,020	1,025	977	1,320	1,902	2,196	3,111	3,779	5,088	6,499

Sources of capital funding
Subsidies and grants for capital expenditure	0	0	0	0	0	0	0	0	0	0	0
Development and financial contributions	0	0	0	0	0	0	0	0	0	0	0
Increase/(decrease) in debt	7,222	1,440	1,356	1,103	1,319	-1,214	-1,412	-1,508	-2,165	-2,303	-4,313
Gross proceeds from sale of assets	120	165	120	120	120	120	120	120	120	120	120
Lump sum contributions	0	0	0	0	0	0	0	0	0	0	0
Other dedicated capital funding	0	0	0	0	0	0	0	0	0	0	0
Total sources of capital funding	7,342	1,605	1,476	1,223	1,439	-1,094	-1,292	-1,388	-2,045	-2,183	-4,193

Application of capital funding
Capital expenditure
- to meet additional demand	0	0	0	0	0	0	0	0	0	0	0
- to improve the level of service	417	1,100	2,009	2,058	2,408	1,525	775	775	775	1,050	775
- to replace existing assets	2,941	3,552	3,143	2,856	2,709	2,851	4,526	3,951	3,822	3,862	2,757
Increase/(decrease) in reserves	0	0	0	0	0	0	0	0	0	0	0
Increase/(decrease) of investments	-1,971	-2,027	-2,651	-2,714	-2,358	-3,568	-4,397	-3,003	-2,863	-2,007	-1,226
Total application of capital funding	1,387	2,625	2,501	2,200	2,759	808	904	1,723	1,734	2,905	2,306

Surplus/(deficit) of capital funding	5,955	-1,020	-1,025	-977	-1,320	-1,902	-2,196	-3,111	-3,779	-5,088	-6,499

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

Income Statement for the Years Ended 30 June 2022 - 2031 for Governance and Support Services
(shown in $000's)
	Annual Plan 2021	Budget 2022	Budget 2023	Budget 2024	Budget 2025	Budget 2026	Budget 2027	Budget 2028	Budget 2029	Budget 2030	Budget 2031

Revenue
Rates revenue	396	6,643	7,676	7,762	8,571	10,414	10,841	11,847	13,173	14,544	16,401
External revenue	13,713	12,010	12,032	11,783	11,755	12,053	11,999	12,205	12,660	12,602	12,787
Grants and subsidies revenue	0	0	0	0	0	0	0	0	0	0	0
Development contributions revenue	0	0	0	0	0	0	0	0	0	0	0
Vested assets	3,000	0	0	0	0	0	0	0	0	0	0
Internal revenue	25,580	25,635	26,353	27,012	27,687	28,379	29,089	29,845	30,651	31,478	32,297
Total revenue	42,689	44,288	46,061	46,557	48,013	50,846	51,929	53,897	56,484	58,624	61,485

Expenditure
Personnel costs	15,827	16,707	16,901	17,326	17,761	18,259	18,787	19,349	19,946	20,579	21,210
Operations and maintenance	7,479	5,277	5,670	5,665	5,807	6,770	6,668	6,842	7,312	7,216	7,404
Occupancy costs	193	163	168	173	177	183	188	193	199	205	210
Consumables and general	10,799	11,238	11,967	11,830	12,103	12,650	12,803	12,901	13,530	13,603	14,044
Grants and subsidies	1,314	407	414	421	427	435	444	453	463	474	485
Internal charges	6,869	6,770	6,960	7,134	7,312	7,495	7,682	7,882	8,095	8,313	8,529
Depreciation and amortisation	1,822	1,470	1,476	1,427	1,769	2,352	2,648	3,149	3,595	4,067	4,528
Interest	549	1,230	1,442	1,479	1,515	1,519	1,483	1,443	1,393	1,331	1,239
Total expenditure	44,852	43,262	44,998	45,455	46,871	49,663	50,703	52,212	54,533	55,788	57,649

Net surplus/(deficit)	-2,163	1,026	1,063	1,102	1,142	1,183	1,226	1,685	1,951	2,836	3,836

Expenditure by Activity
Business Information Services	13,264	13,209	13,781	13,957	14,745	15,670	16,380	17,029	17,891	18,668	19,576
Civic and Administration	3,630	3,654	4,336	3,835	3,925	4,653	4,116	4,220	5,015	4,444	4,557
Civil Defence	232	228	234	238	242	246	252	258	263	268	275
Corporate Leadership	4,892	5,159	5,256	5,358	5,463	5,580	5,702	5,834	5,974	6,121	6,265
Corporate Policy	1,176	1,227	1,247	1,270	1,293	1,320	1,348	1,378	1,410	1,444	1,478
Council Communications and Marketing	3,365	3,420	3,489	3,550	3,623	3,702	3,817	3,926	4,025	4,128	4,229
Customer Services Agency	3,159	3,149	3,211	3,283	3,350	3,423	3,499	3,588	3,661	3,773	3,871
Finance	5,064	5,357	5,362	5,576	5,679	5,682	5,950	6,078	6,095	6,399	6,539
Finance and Commercial	1,905	2,023	2,055	2,091	2,129	2,172	2,217	2,266	2,318	2,374	2,428
Fleet Operations	1,517	1,443	1,443	1,470	1,483	1,551	1,626	1,703	1,784	1,883	1,970
People, Safety and Culture	2,342	2,092	2,130	2,170	2,210	2,256	2,305	2,357	2,413	2,471	2,529
Investment Account	3,431	1,591	1,742	1,959	2,079	2,745	2,851	2,966	3,106	3,256	3,384
Waipori Fund	218	240	247	253	259	266	272	279	287	295	302
Warm Dunedin	657	470	465	445	391	397	368	330	291	264	246
Total expenditure	44,852	43,262	44,998	45,455	46,871	49,663	50,703	52,212	54,533	55,788	57,649

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