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The image presents a line graph showing finances for a New Zealand local authority from 2012 to 2022, with four categories: Rates Revenue, User Charges, Borrowings, and Grants and Subsidies. In 2012, Rates Revenue is approximately $1,200 million, User Charges around $600 million, Borrowings about $300 million, and Grants and Subsidies near $450 million. By 2015, Rates Revenue reaches $1,500 million, User Charges $800 million, Borrowings $350 million, and Grants and Subsidies $400 million. In 2020, Rates Revenue hits $2,000 million, User Charges $1,000 million, Borrowings $650 million, and Grants and Subsidies $350 million. By 2022, Rates Revenue peaks at about $2,500 million, User Charges about $1,200 million, Borrowings approximately $750 million, and Grants and Subsidies around $450 million. The data points demonstrate numerical values for each financial year ending on June 30th within these given years.
Given the complexity of the image, the above description may not be entirely accurate.
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The line graph illustrates the past data along with future prediction of finances in Rates revenue, User charges,borrowing as well as Grants and Subsides for residents authorities of New Zealand from 2012 to 2022. Units are measured in Millions.
Over all, It can be seen that, Rates revenue and user charges are gradually increase with the passage of tine, while Borrowing and grant and subsidies remain same with fluctuations between 2012 to 2022.
To begin with, Rates revenue and user charges depict dominancy starting around 1400 and 1000 in 2012, with uniform increase in a decade to approximately 2300 and 2000 in 2022 respectively.
After that, borrowing slightly increase from 2012 (nearly 800) to 1200 in 2014 later on, started decreased to its lowest, about 6500 in 2016. Furthermore reached to its peak that is approximately 1800 in 2020. However, again went in downward trend to its old position nearly 800 in 2021 as well 2022. At last, grant and subsidies commenced with approximately 800, Moreover, reached to around 700 in 2016 and ends with approximately 500 in 2022.
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