The studied graph is a line graph that illustrates latest and alleged future incomes for a local authority in New Zeland from 2012 to 2022
There are 4 different kinds of finances: rates revenue, user charges, borrowings, and grants and subsidies. In 2012, the type of finance with the highest income is the rates revenue with approximately 1,450 million dollars. Then come user charges, and borrowings. The category with the least of gains is grants and subsidies with only 400 million dollars.
In 2022, the highest incomings are still coming from rates revenues with aroud 2,400 million dollars wich is almost a half of the profit from 2012. Then went user charges that also have an upward trend. But the following section is not having an upward trend, and it’s about borrowings. The section with the least profit is grants and subsidies, with only 500 million dollars wich is an insignificant increase.
Overall, most of the finances are predicted to progress and increase their gains, however the borrowing section keeps being unstable and ending up with the same pay.
