2011/2012 Annual Plan - Waikato District Council
2011/2012 Annual Plan - Waikato District Council
2011/2012 Annual Plan - Waikato District Council
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Estimated capital funding requirements –<br />
Organisation Support<br />
A forecast for the year ending 30 June <strong>2012</strong><br />
<strong>Annual</strong><br />
<strong>Annual</strong><br />
LTCCP<br />
<strong>Plan</strong><br />
<strong>Plan</strong><br />
2010/11<br />
(8 mths)<br />
<strong>2011</strong>/12 <strong>2011</strong>/12<br />
$000's $000's $000's<br />
Capital Expenditure<br />
Level of Service 8 - -<br />
Asset Renewal 160 120 120<br />
Loan repayments 32 80 80<br />
Total Capital Funding Requirements 200 200 200<br />
Funded By<br />
Operating Surplus (via reserve) - 80 80<br />
Depreciation Reserves 192 120 120<br />
Loans Raised 8 - -<br />
Total Funding 200 200 200<br />
Variations between the LTCCP and <strong>Annual</strong> <strong>Plan</strong><br />
Internal recovery income for this activity was understated in the split of the LTCCP document. This amount<br />
has now been revised and the additional income is factored into the <strong>Annual</strong> <strong>Plan</strong> figures above. In addition<br />
there have been significant savings in corporate costs for the organisation as many of the functions are able to<br />
be absorbed into the current <strong>Waikato</strong> <strong>District</strong> <strong>Council</strong> structure. The surplus funds have been transferred to<br />
inter entity transfers to offset higher costs incurred within other activities.<br />
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