Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search

 

Local Authorities' Surplus Up

Local Authority Statistics: June 2000 quarter

Local authorities generated a seasonally adjusted surplus of $104.0 million from non-trading activities for the June 2000 quarter, Statistics New Zealand's latest Quaterly Local Authority Survey shows. This represents an increase of $3.6 million on the surplus for the previous quarter. There was a 0.7 per cent decrease in operating expenditure and a 0.3 per cent drop in operating revenue.

The decrease in operating revenue was due to a decline in investment income , down $18.4 million from the March 2000 quater to $84.0 million. Revenue from interest is at the lowest level since the December 1994 quarter. Rises were recorded for all other revenue items with: rates, petrol tax, licence fees and fines, up $11.1 million; government grants and subsidies, up $4.6 million; and sales of goods and services and all other income, up $0.2 million.

Current expenditure for the 86 local authorities was $854.8 million for the quarter. Purchases of goods and services was the only item to record an increase, up $4.1 million. Decreases were recorded in: employee costs, down $6.3 million; interest paid, down $2.3 million; and depreciation, down $1.6 million. Depreciation has been gradually decreasing since peaking in the June 1999 quarter at $207.6 million, following the introduction of legislation requiring councils to fully fund asset replacement.

Ian Ewing DEPUTY GOVERNMENT STATISTICIAN

END



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Mosque Shooting Response: Ban On Military Style Semi-Automatics And Assault Rifles

Military style semi-automatics and assault rifles will be banned in New Zealand under stronger new gun laws announced today, Prime Minister Jacinda Ardern says... Related parts used to convert these guns into MSSAs are also being banned, along with all high-capacity magazines.

“An amnesty will be put in place for weapons to be handed in, and Cabinet has directed officials to develop a buyback scheme...All semi-automatic weapons used during the terrorist attack on Friday 15 March will be banned." More>>

RNZ Report: No Mention Of Right-Wing Threat In 10 Years Of GCSB/SIS Docs
There is not one specific mention of the threat posed by white supremacists or right-wing nationalism in 10 years of public documents from the Security Intelligence Service or the GCSB. More>>

Two Minute Silence Friday: Auckland Mosques Opening Their Doors To All
Mosques in the four corners of Auckland will open their doors on Friday night for people of all faiths to gather in remembrance of the 50 lives lost in the Christchurch shootings. More>>

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK
For the Latest: Scoop Search - Christchurch
 

Gordon Campbell: On The School Climate Strike

Locally, the school strike has won a ton of support for bringing climate change to the fore. Yet the strikers don't want mere expressions of support. They want action. More>>

ALSO:

"Grabbed And Struck In The Face": Greens Co-Leader Attacked While Walking To Work

Green Party co-leader James Shaw was the victim of an unprovoked attack when he was walking to work in Wellington. More>>

ALSO:

████████ ████ ███: Latest OIA Statistics Released

The latest statistics cover 110 agencies that collectively completed 18,106 official information requests between July and December 2018, a 16.4% increase on the 15,551 requests for the previous six months. More>>

ALSO:

'Hit And Run' Inquiry: New Legal Action Over Secrecy

The lawyer representing the Afghan villagers in the inquiry into Operation Burnham has launched legal proceedings calling for a judicial review in the investigation. More>>

ALSO:

From Hydro Plan To...: Mokihinui River Land To Join Kahurangi National Park

A total of 64,400 hectares of conservation land in the Mokihinui River catchment on the West Coast north of Westport, including 15 km of riverbed, is being added to Kahurangi National Park. “Adding this area, roughly half the size of Auckland City, to Kahurangi is the largest addition of land to an existing national park in New Zealand’s history,” Eugenie Sage said. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels