Funding Impact Statement Funding Impact Statement (excluding GST) Marlborough District Council AP 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28 $000s $000s $000s $000s $000s $000s $000s $000s $000s $000s $000s Sources of operating funding General rates, uniform annual general charges, rates penalties 41,744 43,898 45,777 47,895 49,717 51,339 52,920 54,675 56,147 57,779 59,302 Targeted rates 20,915 23,618 25,580 27,665 29,459 32,177 33,994 35,256 36,742 37,892 38,529 Subsidies and grants for operating purposes 5,375 5,052 5,076 5,148 5,147 5,351 5,496 5,673 5,879 6,095 6,245 Fees and charges 16,518 16,599 17,022 17,366 17,754 18,153 18,587 19,032 19,501 19,996 20,521 Interest and dividends from investments 4,170 4,574 5,117 5,890 6,675 7,690 8,122 8,670 8,795 9,114 9,172 Other receipts including fuel tax, fines and infringement fees 15,464 18,411 14,701 10,963 11,621 12,454 13,034 13,281 13,630 16,251 16,601 Total operating funding 104,186 112,152 113,272 114,927 120,374 127,163 132,153 136,586 140,695 147,126 150,369 Applications of operating funding Payments to staff and suppliers 75,550 92,036 81,572 81,303 83,404 85,649 87,670 89,800 91,681 95,999 98,199 Finance costs 2,322 3,460 4,610 6,396 8,120 9,676 10,220 10,367 10,108 9,821 8,934 Other operating funding applications 5,588 6,737 4,674 4,366 4,251 4,146 3,647 3,669 3,718 4,139 4,122 Total applications of operating funding 83,460 102,233 90,857 92,065 95,774 99,471 101,536 103,836 105,507 109,959 111,256 Surplus of operating funding 20,726 9,919 22,416 22,861 24,600 27,692 30,617 32,750 35,188 37,167 39,113 Sources of capital funding Subsidies and grants for capital expenditure 4,704 4,673 4,678 4,296 4,473 4,621 4,779 4,945 6,021 6,232 5,506 Development and financial contributions 1,813 2,766 2,818 2,873 2,928 3,439 3,240 4,981 3,170 3,236 3,303 Increase (decrease) in debt 8,000 10,277 41,264 42,713 43,442 39,216 3,608 (9,115) (13,592) (7,583) (26,000) Gross proceeds from sale of assets 11,275 21,152 3,405 4,329 6 3,105 11 38 9 21 36 Other dedicated capital funding - 3,700 - - - - - - - - - Total sources of capital funding 25,792 42,568 52,165 54,210 50,850 50,380 11,638 848 (4,392) 1,905 (17,155) Applications of capital funding Capital expenditure to meet additional demand 17,046 15,419 19,956 15,675 11,925 14,025 16,210 5,013 8,454 7,513 5,898 Capital expenditure to improve the level of service 27,181 31,091 23,514 23,802 24,797 18,520 21,377 13,166 19,182 7,471 5,754 Capital expenditure to replace existing assets 17,621 27,286 19,483 20,524 20,803 26,207 20,533 20,480 23,684 19,326 17,958 Increase (decrease) in reserves (14,830) (18,085) 1,364 (143) (7,018) (5,896) (7,973) 1,554 (13,933) 3,845 1,348 Increase (decrease) of investments (500) (3,223) 10,264 17,213 24,942 25,216 (7,892) (6,615) (6,592) 917 (9,000) Total applications of capital funding 46,518 52,487 74,581 77,072 75,449 78,072 42,255 33,598 30,796 39,072 21,958 Deficit of capital funding (20,726) (9,919) (22,416) (22,861) (24,600) (27,692) (30,617) (32,750) (35,188) (37,167) (39,113) Funding balance - - - - - - - - - - - 2018-2028 Long Term Plan Page 266