Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Local Authority Expenditure Rises

Local Authority Expenditure Rises

Local authorities' seasonally adjusted expenditure increased 6.0 percent in the June 2005 quarter, Statistics New Zealand said today. Total expenditure for the June 2005 quarter was $1,283.9 million, up $72.8 million compared with the March 2005 quarter.

Depreciation showed the largest increase of the expenditure items, rising $35.9 million (15.1 percent), from the March 2005 quarter result, to reach $273.0 million. Several councils reported the depreciation increase was due to upward revaluation of fixed assets, especially infrastructure assets such as roads, water supply, and sewerage and stormwater systems. Some lower North Island councils stated that payments for goods and services, grants and donations and all other expenditure increased as a result of flood-related costs. In the June 2005 quarter, other increases came from interest paid (up 5.3 percent ), purchases of goods and services, grants and donations (up 4.1 percent) and employee costs (up 2.9 percent).

Total operating revenue for the June 2005 quarter was $1,286.4 million, an increase of 5.1 percent ($62.4 million) compared with the March 2005 quarter. The increase was mainly due to a $22.2 million rise in investment income, a $13.0 million increase in sales of goods and services and all other income, and a $28.5 million rise in rates, petrol tax, licence fees and fines. This was partly offset by a marginal decrease in government grants and subsidies (down $1.3 million). Overall, local authorities produced a combined operating surplus of $2.5 million in the June 2005 quarter. The operating surplus for the March 2005 quarter was $12.9 million.

Brian Pink
Government Statistician

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Labour’s Fudging On Child Poverty, And America’s Diplomatic Dance With Iran

If you want a good insight into what the limits of tiny, barely discernible steps to reduce poverty actually look like, delve into the latest Statistics Department figures on poverty in New Zealand Most of the nine measures utilised reveal little or no progress in combatting poverty over the 21 months to March 2020... More>>


 

Government: Reserve Bank To Take Account Of Housing In Decision Making

The Reserve Bank is now required to consider the impact on housing when making monetary and financial policy decisions, Grant Robertson announced today. Changes have been made to the Bank’s Monetary Policy Committee’s remit requiring it to take into ... More>>

ALSO:


RNZ: Alert Levels Remain

There are no new community cases of Covid-19 today, the Ministry of Health has confirmed.
Covid-19 Response Minister Chris Hipkins says at least half of the Papatoetoe High School community have been tested and the results that have come through so far have all been negative... More>>

ALSO:

Stats NZ: Latest Release Of Child Poverty Statistics

All measures of child poverty were trending downwards, prior to the COVID-19 lockdown, across the two years since year ended June 2018, Stats NZ said today. The COVID-19 lockdown in late March 2020 affected Stats NZ’s ability to collect data from households ... More>>

ALSO:


NZ Initiative: New Report Highlights How Our Housing Crisis Could Worsen If We Don’t Act Now

If New Zealand politicians thought the housing crisis in 2020 was bad, the worst is yet to come, warns a new report by The New Zealand Initiative. In The Need to Build: The demographic drivers of housing demand , Research Assistant Leonard Hong ... More>>

Parliament: Kiwi MPs Among The “Most Educated In The World”

New analysis of MP qualifications reveals New Zealand’s Parliament is one of the most educated and highest qualified in the world, and significantly more educated than Australia’s. The research, by Mark Blackham of BlacklandPR and Geoffrey Miller ... More>>

The Dig: An Illogical Ideological Struggle

Dig beneath all the trade wars and the arguments to the effect that the USA should not permit China to achieve economic and technological superiority, or even parity, and you find the real reason behind the conflict... More>>

Travel: Government Eases Visa Restrictions For Visitors In New Zealand

Visitor visa holders will be able to stay in New Zealand a little longer as the Government eases restrictions for those still here, the Minister of Immigration has announced. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels