The line graph shows the past and projected finances for a local authority in New Zealand

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The line graph shows the past and projected finances for a local authority in New Zealand.

The line graph illustrates the financial position of a New Zealand local authority from 2012 to 2022. It is measured in millions of New Zealand dollars. Overall, it can be seen that while rates revenue and user charges are predicted to increase over the period, borrowings and grants and subsidies will remain much lower.

Rates revenues and user charges will follow a very similar pattern over the time frame. Rates revenue stood at just under 1.5 billion in 2012, which was the highest of the four criteria.Though they remained stable until 2013, they are expected to climb to approximately 2.4 ...

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