How it’s paid for
City prosperity costs
0
10
20
30
40
50
60
70
80
CAPITAL SPENDING
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History
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Current
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Projected
OPERATIONAL SPENDING
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History
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Current
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Projected
$M
Rates
64
%
User
Charges
36
%
l I V I n G W I T H I n O U r M E a n S
Reduce economic development and event
sponsorship funding.
2.1m
Increase the Garden Place actvaton budget to
encourage more actvity in the CbD.
-105,000
There are no reductons to services associated with the city’s event facilites. The focus will be on
increasing revenue. However, there are cuts to the amount budgeted for economic development and
event sponsorship. as previously indicated, the Council is to consider selling some propertes but no
decision has been made and their potental sale value is not factored into the 10-Year Plan budget.
ChAnGes
FINANCIAL IMPACT
(PeR YeaR)
COST
SAVinGS ($)
ADDITIONAL
REVEnUE ($)
key FunDeD Projects
Looking afer our existng event facilites assets.
$3.3m over 10 years Rates
Seddon Park player and ofcials changing room
upgrade.
$270,400 in 2013/14
Loans funded by
rates
WHAT WE’RE
SPENDING
HOW iT’S
FUNDED
2 0 1 2 - 2 2 1 0 - y E a r p l a n
37