2011-2012 Annual Report - Full Version - PDF - Palmerston North ...

Financial ResultsActivity Operational Results: Roading and ParkingRevenueActual Budget Variance Actual Note2012 2012 2012 2011$000 $000 $000 $000Footpaths - - - -Parking 4,105 4,289 (184) 4,085 1.Roads 1,354 1,229 125 1,107 2.Street Facilities 233 160 73 180 3.Street Lighting 490 565 (75) 499 4.Traffic Services 460 603 (143) 353 5.Total Revenue 6,642 6,846 (204) 6,224EnvironmentalSustainability... What the Council Does Roading And ParkingExpensesFootpaths 1,859 1,490 (369) 1,512 6.Parking 2,435 2,178 (257) 2,148 7.Roads 11,257 12,188 931 11,956 8.Street Facilities 2,322 2,386 64 2,032 9.Street Lighting 1,543 1,715 172 1,647 10.Traffic Services 1,746 2,317 571 1,858 11.Total Expenses 21,162 22,274 1,112 21,153Net Operating CosT OF ACTiviTY (14,520) (15,428) 908 (14,929)Note1. Reduced parking demand slightly offset byunbudgeted carpark leases at the topdeck of ThePlaza.2. Additional profit from sale of 4 Kelvin Grove sectionsoffset by lower NZTA operating revenue.3. Unbudgeted revenue for Passenger Transport.4. Lower NZTA operating revenue.5. Lower NZTA operating revenue.6. Higher depreciation, maintenance and net personnelcosts than budgeted.7. Higher depreciation, maintenance, promotion costsand net personnel costs.8. Lower depreciation, interest, maintenance expenses(with lower NZTA operating revenue).9. Lower maintenance expenses.10. Lower depreciation, interest, maintenance expenses(with lower NZTA operating revenue).11. Lower depreciation, interest, maintenance expenses(with lower NZTA operating revenue).Note the budget expenses above for Roads and Total Expenses differs to the amounts in the 2011/12Annual Plan. The amounts above are those amounts included in the Groups of Activities Summary and arethe final budget totals.98 Palmerston North City Council Annual Report 2011/12