The budget projection for the stormwater activity is shown above. 5.1.1 Operational Maintenance Expenditure The issues discussed previously – levels of service, growth & future demand, life-cycle management and risk management all have financial consequences. The detailed budgetary expenditure projections from 2013 to 2017 are shown in the table in Chapter 4. The outline budget for the 10 year period from 2015 is shown in Table 9 and in further detail in Appendix 2 – Stormwater Operational Budget Projection 2015-25. In 2015 general expenses include $80,000 of investigation costs as a one-off sum. This amount is for the water quality investigations on the Taylor River catchment and Murphys Creek. Further investigation has not be included at his time although it is likely that considerable assessment will be required for each of the Stormwater Management Areas as the strategy is developed. Table 9 Outline Operational Budget 2015 -25 In accordance with the Local Government (Financial Reporting) Regulations 2011 Schedule 10(3) capital expenditure budgets are apportioned between the primary drivers – renewal, improvement in levels of service and growth. The council’s strategy to apportioning these costs is to assess the expired/remaining life of an asset and to attribute the value of the life-to-date to ‘renewal’. This value is obtained from the annual asset re-valuation. Of the remaining cost estimate an assessment is made of any current or anticipated levels of service issues. If there are none the full estimated cost (less the renewal element) is apportioned to ‘growth.’ Implementation of the Blenheim Stormwater Strategy is still in its infancy. Consultants have been commissioned to produce detailed hydro-dynamic models of the Redwood Street Drain catchment. Detailed investigations are being undertaken in the Murphys Creek Catchment and the areas subject to development in the North and west of the town. The implications in terms of Page 52