The given graph depicts data on the primary and forecasted finances concerning local government in New Zealand. The provided figures are illustrated in billions of dollars.
Overall, it is evident that debts experience fluctuations, while income rates and user charges lines are witnessing steady incline. Also it is worth noticing that grants and allocations decrease over the course of a year.
Regarding the rates as an upper trend can be observed, however it is worth noting that a slight jump was experienced in 2013, accounting for 1.1 billion. The income rate is showing an upward rate and is speculated to increase in the same pace. Some patterns seem to tax fees with half a different, stagnation at 2015 for instance and it is projected to peak at around 2.4 billion dollars.
Borrowing made up around 0.6 billion dollars in 2012 and slow sharply for two years, after which the figure saw a dramatic growth to 1.1 billion. Similarly to borrowing, subsidies to spring up close to 6 billion dollars and stay at such mark for three years. Consequently, the income revenues are also likely to keep pace with the decrease to the same point. Financial aid and the other hand stays at a relatively same point, around half a billion, then begins to rise and monotonically decline, still forecasted to stay at 0.5 billion mark.
