Long Term Community Plan 2012-2022 - Hurunui District Council

Hurunui Community Long Term Plan 2012 - 2022
years of the Long Term Plan, the Council will record small
operating deficits. These will be funded by existing reserves
built up by surpluses generated by the Hanmer Springs Thermal
Pools & Spa in the past.
Operating Expenditure – Total Operating Expenditure is
expected to be $351 million over the ten years. The total
increase from the 2011/2012 year is expected to be 38% over
the ten years and average of less than 4% per annum.
Capital Expenditure – Over the ten year period, we are
forecasting to spend a total of $77 million on Capital
Expenditure. $6.3 million is scheduled to fund projects required
due to growth, further $14.7 million relates to projects that will
assist in improving the levels of services we provide and the
remaining $56.2 million will be used to replace existing assets
when they reach the end of their useful lives.
This information is particularly relevant in determining
growth projections for the period and was also used for the
Development Contributions methodology. We have opted for
the medium growth projections for the ten year period. On this
basis, we have assumed that there will be approximately 17%
growth over the ten year period. The increase predicted for
Hanmer Springs is approximately 21%. With Hanmer Springs
being a tourist town, the growth in new sections and buildings is
not always consistent with an increase in population due to the
higher percentage of non-resident ratepayers who may own a
holiday home rather than a permanent residence.
The following graph shows the movements in the population
of each township in the District over the period from 1991 to
2006:
External Debt – This is scheduled to increase from the $13.5
as schedule in the 2011/2012 Annual Plan to reach a maximum
of $22.5 million in the between July 2015 and June 2017. With
communities required to repay certain levels of debt each year
and some communities starting to build up funds to carry out
capital expenditure in the future, we are forecasting that the
external debt will reduce to $12 million by the end of June 2022.
Internal Debt – With communities repaying debt and building
up funds, the movements in the internal debt levels move from
$16.6 million in 2012 down to $15 million in 2022.
Assets – It is expected that the value of our assets will be $493
million as at 30 June 2022. This increase of $165 million has been
brought about by the level of Capital expenditure to be incurred
over the ten years, but also due to the fact that the assets are
required to be revalued on a regular basis. It is forecast that the
increase in the asset values will account for $147 million of the
increase over the ten years.
Population Changes
The LTP has been prepared on the basis that the population
will continue to grow. Due to the effect of the Canterbury
Earthquakes, the 2011 Census was cancelled. Therefore, we
have used the population projections from the 2006 Census
to forecast population changes for the period of the LTP.
The following graph shows the population projection for the
Hurunui District over the next 20 year period.
It is acknowledged that the population of the Hurunui is older
than the national average. This presents issues around ensuring
there are appropriate facilities and services for older people.
We committed to providing buildings for medical centres to
ensure that health services are adequately provided to the
community. The following graph (using the 2006 Census data)
shows the age distribution for the Hurunui in comparison with
Canterbury and New Zealand:
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