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.
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!
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Poll: Are you starting to feel a lift in business confidence across the Canterbury region?
The Press reports that Canterbury is right in the middle of a construction boom, with activity forecast to peak around 2027 and major investment flowing into transport, water and energy infrastructure.
We want to know: Are you starting to feel a lift in business confidence across the Canterbury region?
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36.6% Yes
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63.4% No
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