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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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Note: Both the topic and the answer were created by one of our users.
The given line graph demonstrated the past and projected finances for a local authority in New Zeland from 2012 to 2022.
Overall, it can be seen that at the beginning of the period amounts spent for rates revenue was the highest cost and rapidly grown by the end of the period. While, budget for grants and subsidies started with the less amount.
In detail, at the starting of the period the finances for grants and subsidies was spent very few, slighly less 500 million. Besides, this term will not stable after 2015. In 2016 it projected significantly more than 500 and will slowly decrease by 2022, at about 500 million. At the same time, the past finances for rates revenue begun with the highest spent, at around 1,500 million. It had slowly increased by 2015 and projected to reach approximately to 2,500 million. The past funds of user changes illustrated the average amount in 2012, at around 1,000 million. However, it will grow to 2,000 million, by the end of the period.
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