Funding Impact Statement and Income Statement - Stormwater

Funding Impact Statement for the Years Ended 30 June 2022 - 2031 for Stormwater
(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	6,201	9,092	10,736	11,380	12,433	13,321	14,224	14,940	15,690	16,282	16,901
Subsidies and grants for operating purposes	0	0	0	0	0	0	0	0	0	0	0
Fees and charges	125	122	126	130	133	137	141	145	150	155	160
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	6,326	9,214	10,862	11,510	12,566	13,458	14,365	15,085	15,840	16,437	17,061

Application of operating funding
Payments to staff and suppliers	4,127	3,986	4,140	4,294	4,481	4,702	4,942	5,150	5,364	5,556	5,740
Finance costs	68	41	689	1,059	1,352	1,609	1,831	2,006	2,149	2,258	2,382
Internal charges and overheads applied	514	495	509	522	535	548	562	576	592	608	624
Other operating funding applications	0	0	0	0	0	0	0	0	0	0	0
Total application of operating funding	4,709	4,522	5,338	5,875	6,368	6,859	7,335	7,732	8,105	8,422	8,746

Surplus/(deficit) of operating funding	1,617	4,692	5,524	5,635	6,198	6,599	7,030	7,353	7,735	8,015	8,315

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	20	515	638	651	665	679	693	645	658	672	686
Increase/(decrease) in debt	0	3,129	14,026	11,875	8,742	9,255	6,327	5,995	3,990	3,695	4,990
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	20	3,644	14,664	12,526	9,407	9,934	7,020	6,640	4,648	4,367	5,676

Application of capital funding
Capital expenditure
- to meet additional demand	295	1,093	2,659	2,594	2,143	2,452	2,116	2,185	1,817	1,882	2,260
- to improve the level of service	1,118	2,178	4,704	5,154	7,129	8,870	4,763	5,042	1,787	1,787	2,681
- to replace existing assets	2,312	4,049	13,800	11,430	4,841	5,356	6,354	6,568	6,332	6,796	8,898
Increase/(decrease) in reserves	0	0	0	0	0	0	0	0	0	0	0
Increase/(decrease) of investments	-2,088	1,016	-975	-1,017	1,491	-145	817	198	2,446	1,916	152
Total application of capital funding	1,637	8,336	20,188	18,161	15,605	16,533	14,050	13,993	12,383	12,382	13,991

Surplus/(deficit) of capital funding	-1,617	-4,692	-5,524	-5,635	-6,198	-6,599	-7,030	-7,353	-7,735	-8,015	-8,315

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

Income Statement for the Years Ended 30 June 2022 - 2031 for Stormwater
(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	6,201	9,092	10,736	11,380	12,433	13,321	14,224	14,940	15,690	16,282	16,901
External revenue	125	122	126	130	133	137	141	145	150	155	160
Grants and subsidies revenue	0	0	0	0	0	0	0	0	0	0	0
Development contributions revenue	20	514	637	650	664	678	692	644	657	671	685
Vested assets	0	517	517	517	517	517	517	517	517	517	517
Internal revenue	0	0	0	0	0	0	0	0	0	0	0
Total revenue	6,346	10,245	12,016	12,677	13,747	14,653	15,574	16,246	17,014	17,625	18,263

Expenditure
Personnel costs	1,056	1,055	1,068	1,085	1,103	1,123	1,146	1,170	1,196	1,223	1,250
Operations and maintenance	1,352	1,311	1,374	1,445	1,526	1,633	1,752	1,838	1,921	1,996	2,068
Occupancy costs	1,421	1,444	1,515	1,578	1,661	1,749	1,841	1,933	2,030	2,112	2,191
Consumables and general	298	176	182	187	192	198	203	209	216	224	231
Grants and subsidies	0	0	0	0	0	0	0	0	0	0	0
Internal charges	514	495	509	522	535	548	562	576	592	608	624
Depreciation and amortisation	4,380	4,693	5,525	5,634	6,197	6,598	7,030	7,353	7,736	8,016	8,315
Interest	68	41	689	1,059	1,352	1,609	1,831	2,006	2,149	2,258	2,382
Total expenditure	9,089	9,215	10,862	11,510	12,566	13,458	14,365	15,085	15,840	16,437	17,061

Net surplus/(deficit)	-2,743	1,030	1,154	1,167	1,181	1,195	1,209	1,161	1,174	1,188	1,202

Expenditure by Activity
Stormwater	9,089	9,215	10,862	11,510	12,566	13,458	14,365	15,085	15,840	16,437	17,061
Total expenditure	9,089	9,215	10,862	11,510	12,566	13,458	14,365	15,085	15,840	16,437	17,061

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