Funding Impact Statement and Income Statement - Sewerage and Sewage

Funding Impact Statement for the Years Ended 30 June 2022 - 2031 for Sewerage and Sewage
(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	0	0	0	0	0	0	0	0	0	0	0
Targeted rates	32,291	32,190	32,436	32,931	34,015	35,394	36,387	37,975	39,826	41,097	42,640
Subsidies and grants for operating purposes	41	41	41	42	43	45	46	47	49	50	52
Fees and charges	824	856	886	909	934	961	988	1,019	1,054	1,090	1,123
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	0	0	0	0	0	0	0	0	0	0	0
Total operating funding	33,156	33,087	33,363	33,882	34,992	36,400	37,421	39,041	40,929	42,237	43,815

Application of operating funding
Payments to staff and suppliers	14,988	14,735	15,403	15,666	16,188	16,902	17,215	17,840	18,723	19,028	19,658
Finance costs	3,987	2,381	1,200	1,323	1,441	1,530	1,687	1,899	2,112	2,339	2,539
Internal charges and overheads applied	2,465	2,913	2,995	3,069	3,146	3,225	3,305	3,391	3,483	3,577	3,670
Other operating funding applications	0	0	0	0	0	0	0	0	0	0	0
Total application of operating funding	21,440	20,029	19,598	20,058	20,775	21,657	22,207	23,130	24,318	24,944	25,867

Surplus/(deficit) of operating funding	11,716	13,058	13,765	13,824	14,217	14,743	15,214	15,911	16,611	17,293	17,948

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	200	1,247	1,066	1,090	1,114	1,140	1,166	1,060	1,084	1,109	1,135
Increase/(decrease) in debt	0	2,964	3,343	5,256	3,078	3,155	7,865	6,968	8,039	7,886	6,099
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	200	4,211	4,409	6,346	4,192	4,295	9,031	8,028	9,123	8,995	7,234

Application of capital funding
Capital expenditure
- to meet additional demand	16	1,116	1,692	2,316	2,301	2,493	2,718	2,559	2,693	2,535	2,315
- to improve the level of service	84	2,592	2,656	4,129	511	367	1,885	0	0	0	0
- to replace existing assets	5,166	10,214	11,052	7,284	14,353	12,910	19,147	20,918	23,741	25,136	22,977
Increase/(decrease) in reserves	0	0	0	0	0	0	0	0	0	0	0
Increase/(decrease) of investments	6,650	3,348	2,774	6,441	1,244	3,267	496	462	-700	-1,383	-110
Total application of capital funding	11,916	17,269	18,174	20,170	18,409	19,038	24,245	23,939	25,734	26,288	25,182

Surplus/(deficit) of capital funding	-11,716	-13,058	-13,765	-13,824	-14,217	-14,743	-15,214	-15,911	-16,611	-17,293	-17,948

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

Income Statement for the Years Ended 30 June 2022 - 2031 for Sewerage and Sewage
(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	32,291	32,190	32,436	32,931	34,015	35,394	36,387	37,975	39,826	41,097	42,640
External revenue	824	856	886	909	934	961	988	1,019	1,054	1,090	1,123
Grants and subsidies revenue	41	41	41	42	43	45	46	47	49	50	52
Development contributions revenue	200	1,247	1,066	1,090	1,114	1,140	1,166	1,060	1,084	1,109	1,135
Vested assets	0	357	357	357	357	357	357	357	357	357	357
Internal revenue	0	0	0	0	0	0	0	0	0	0	0
Total revenue	33,356	34,691	34,786	35,329	36,463	37,897	38,944	40,458	42,370	43,703	45,307

Expenditure
Personnel costs	4,164	4,298	4,352	4,422	4,492	4,578	4,669	4,767	4,872	4,984	5,094
Operations and maintenance	4,271	3,979	4,311	4,269	4,421	4,732	4,626	4,814	5,227	5,092	5,299
Occupancy costs	5,742	5,874	6,135	6,355	6,637	6,935	7,246	7,563	7,905	8,208	8,499
Consumables and general	812	584	604	620	637	656	674	695	719	743	766
Grants and subsidies	0	0	0	0	0	0	0	0	0	0	0
Internal charges	2,465	2,913	2,995	3,069	3,146	3,225	3,305	3,391	3,483	3,577	3,670
Depreciation and amortisation	12,188	13,058	13,766	13,824	14,218	14,744	15,214	15,912	16,611	17,294	17,948
Interest	3,987	2,381	1,200	1,323	1,441	1,530	1,687	1,899	2,112	2,339	2,539
Total expenditure	33,629	33,087	33,363	33,882	34,992	36,400	37,421	39,041	40,929	42,237	43,815

Net surplus/(deficit)	-273	1,604	1,423	1,447	1,471	1,497	1,523	1,417	1,441	1,466	1,492

Expenditure by Activity
Wastewater	33,629	33,087	33,363	33,882	34,992	36,400	37,421	39,041	40,929	42,237	43,815
Total expenditure	33,629	33,087	33,363	33,882	34,992	36,400	37,421	39,041	40,929	42,237	43,815

Still didn't find what you were looking for?