The place of the possible

Financial highlights

Net borrowings

The wide range of services the Council provides costs $5.82 per resident per day. This includes basic services such as roading, water, wastewater and stormwater as well as parks, gardens, swimming pools, libraries and the economic development of the city.

Activity area Cost per resident per year
Cost per resident per day
Governance 83 0.23
Environment 712 1.95
Economic Development 210 0.58
Cultural Wellbeing 86 0.24
Social and Recreation 500 1.37
Urban Development 175 0.48
Transport 269 0.74
Council 83 0.23
  $2,118 $5.82

Sources of income

The Council’s biggest source of income is rates revenue, which accounts for 55% of all income. The Council’s funding mechanism is governed by its Revenue & Financing Policy as disclosed in the 2012–22 Long Term Plan.

The Council’s largest operational expenditure is on Environment with 33%, which includes the maintenance of water, wastewater and stormwater networks, followed by Social & Recreation at 24%.

financial highlights

Operational Expenditure by Activity Area

The Council’s revenue over time is influenced by the amount of grants it receives for capital expenditure in any one year. This varies dependant on the annual capital expenditure programme to be funded, as shown by the higher 2012 revenue levels resulting from an increase in housing grants received.

Total income by source

The Council has shifted its operational expenditure by strategy over time from Governance to Economic Development and Urban Development in line with its overall strategy as outlined in the 2009 & 2012 Long Term Plans.

Operating Expenditure by Activity