Funding Impact Statement and Income Statement - Reserves and recreational facilities

Funding Impact Statement for the Years Ended 30 June 2022 - 2031 for Reserves and Recreational Facilities
(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	25,757	26,762	28,620	30,964	31,970	33,119	33,970	34,813	35,665	36,277	37,150
Targeted rates	4,936	5,070	5,212	5,342	5,476	5,612	5,753	5,902	6,062	6,225	6,387
Subsidies and grants for operating purposes	320	285	293	300	308	316	323	332	341	350	359
Fees and charges	4,647	5,264	5,918	6,647	6,813	6,983	7,158	7,344	7,542	7,746	7,947
Internal charges and overheads recovered	0	0	0	0	0	0	0	0	0	0	0
Local authorities fuel tax, fines, infringement fees, and other receipts	50	30	31	32	32	33	34	35	36	37	38
Total operating funding	35,710	37,411	40,074	43,285	44,599	46,063	47,238	48,426	49,646	50,635	51,881

Application of operating funding
Payments to staff and suppliers	28,192	28,494	29,754	31,238	31,840	32,328	33,136	33,997	34,906	35,827	36,735
Finance costs	729	934	1,425	1,642	1,833	1,991	2,014	2,018	2,029	2,040	2,052
Internal charges and overheads applied	3,025	3,026	3,111	3,189	3,269	3,350	3,434	3,523	3,618	3,716	3,813
Other operating funding applications	0	0	0	0	0	0	0	0	0	0	0
Total application of operating funding	31,946	32,454	34,290	36,069	36,942	37,669	38,584	39,538	40,553	41,583	42,600

Surplus/(deficit) of operating funding	3,764	4,957	5,784	7,216	7,657	8,394	8,654	8,888	9,093	9,052	9,281

Sources of capital funding
Subsidies and grants for capital expenditure	0	4,559	0	0	0	0	0	0	0	0	0
Development and financial contributions	112	175	264	269	275	281	287	253	259	265	271
Increase/(decrease) in debt	0	18,335	11,316	3,899	9,418	1,672	-45	342	416	377	462
Gross proceeds from sale of assets	0	0	0	0	0	0	0	0	0	0	0
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	112	23,069	11,580	4,168	9,693	1,953	242	595	675	642	733

Application of capital funding
Capital expenditure
- to meet additional demand	13	1,257	861	406	667	340	298	450	285	293	333
- to improve the level of service	1,542	14,340	8,907	1,926	3,834	1,606	1,096	1,939	738	740	842
- to replace existing assets	1,000	10,132	9,857	8,988	12,697	5,151	4,615	5,683	4,677	4,835	5,655
Increase/(decrease) in reserves	0	0	0	0	0	0	0	0	0	0	0
Increase/(decrease) of investments	1,321	2,297	-2,261	64	152	3,251	2,887	1,411	4,069	3,826	3,184
Total application of capital funding	3,876	28,026	17,364	11,384	17,350	10,347	8,896	9,483	9,768	9,694	10,014

Surplus/(deficit) of capital funding	-3,764	-4,957	-5,784	-7,216	-7,657	-8,394	-8,654	-8,888	-9,093	-9,052	-9,281

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

Income Statement for the Years Ended 30 June 2022 - 2031 for Reserves and Recreational Facilities
(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	30,694	31,831	33,832	36,306	37,446	38,731	39,723	40,715	41,727	42,502	43,538
External revenue	4,697	5,294	5,949	6,679	6,846	7,017	7,192	7,379	7,578	7,783	7,985
Grants and subsidies revenue	319	4,844	293	300	308	316	323	332	341	350	359
Development contributions revenue	112	175	264	269	275	281	287	253	259	265	271
Vested assets	0	126	126	126	126	126	126	126	126	126	126
Internal revenue	0	0	0	0	0	0	0	0	0	0	0
Total revenue	35,822	42,270	40,464	43,680	45,001	46,471	47,651	48,805	50,031	51,026	52,279

Expenditure
Personnel costs	8,190	8,176	8,710	9,291	9,440	9,619	9,812	10,018	10,238	10,474	10,704
Operations and maintenance	14,031	13,899	14,272	14,664	15,300	15,406	15,791	16,202	16,639	17,089	17,533
Occupancy costs	3,890	4,036	4,524	4,985	4,837	4,987	5,164	5,351	5,540	5,713	5,882
Consumables and general	1,426	1,432	1,472	1,509	1,547	1,585	1,625	1,667	1,712	1,758	1,804
Grants and subsidies	656	951	776	789	716	729	744	759	776	794	811
Internal charges	3,025	3,026	3,111	3,189	3,269	3,350	3,434	3,523	3,618	3,716	3,813
Depreciation and amortisation	4,686	4,956	5,784	7,216	7,658	8,397	8,654	8,888	9,094	9,051	9,283
Interest	729	934	1,425	1,642	1,833	1,991	2,014	2,018	2,029	2,040	2,052
Total expenditure	36,633	37,410	40,074	43,285	44,600	46,064	47,238	48,426	49,646	50,635	51,882

Net surplus/(deficit)	-811	4,860	390	395	401	407	413	379	385	391	397

Expenditure by Activity
Aquatic Services	9,103	9,005	11,078	13,286	13,711	14,155	14,437	14,704	14,966	15,239	15,519
Dunedin Botanic Garden	3,202	3,120	3,187	3,268	3,348	3,466	3,554	3,639	3,729	3,822	3,915
Cemeteries and Crematorium	1,829	1,804	1,881	1,955	2,033	2,103	2,150	2,201	2,256	2,310	2,364
Parks and Recreation	22,499	23,481	23,928	24,776	25,508	26,340	27,097	27,882	28,695	29,264	30,084
Total expenditure	36,633	37,410	40,074	43,285	44,600	46,064	47,238	48,426	49,646	50,635	51,882

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