The graph illustrates the past and planned finances for a local governing body in NZ from 2012 to 2022. Overall, there are four catergories- rates revenue, user charges borrowings, and grants and subsidies- that show two different trends over the period, which are rising and fluctuating.
In 2012, rates revenue held the highest amount of money sitting roughly at 1,400 million dollars, then experiencing a steady rise thourghout the years and amounting to near 2,500 million. Whereas user charges was the second highest category with nearly 1000 million dollars in 2012. Afterwards it rose sharply in 2013 then steadly rising from 2014 to 2022.
During 2012, borrowing had around 800 million dollars and rose sharply to 2014 but, after 2014 borrowing fluctuated greatly from 2015 to 2020 and stabilized in 2021 to 2022 holding about 750 million, while Grants and subsidies was sitting at below 500 million and fluctuated over the years and ending at around 500 million dollars.
