Hurunui council's annual plan approved
From local democracy reporter David Hill:
Revenue and expenditure exceeded expectations as the Hurunui District Council came through the 2021-22 financial year with an operating surplus of $5.5 million.
The council adopted its 2021-22 annual report on Tuesday, November 29.
Revenue for the year was $61.1 million, $7.65 million above the budget, while operating expenses totalled $55.6 million, which was $6.7 million higher than expected.
The extra revenue was due to wages subsidies received during last year’s lockdown, emergency roading funding following the heavy rain events, development contributions from three subdivisions in Amberley and the increased value of council assets.
Wage costs were higher than expected, while the rain events and depreciation costs added to the council’s expenditure.
Chief financial officer Jason Beck said roading had a big impact, with a 30% increase in costs in the new roading contract contributing to the 10.5% rates increase adopted in June.
‘‘The increase to the value of the roading assets was 58%, pushing the value of the roading assets from $267 million to $421 million,’’ he said.
The council’s debt remained at $38 million throughout the year, lower than the $41.5 million anticipated in the budget.
Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
-
72% We work hard, we deserve a break!
-
16.3% Hmm, maybe?
-
11.7% Yes!
Some Choice News!
Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.
Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.
Thinking about planting something to invite more butterflies, bees, and birds into your garden?
Thanks for your mahi, Alan! We hope this brings a smile!
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.
Loading…
