Invercargill City Council
Forecast operating revenue by type
All figures in $000s, as at year ended 30 June 2019 - 2028.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Rates | 52,526 | 54,173 | 56,086 | 58,017 | 61,001 | 63,841 | 66,203 | 68,584 | 72,072 | 74,267 |
| Targeted metered water rates | - | - | - | - | - | - | - | - | - | - |
| Grants and subsidies income | 7,859 | 9,869 | 7,077 | 17,151 | 7,211 | 10,594 | 7,430 | 7,589 | 7,818 | 7,996 |
| Other income | 32,879 | 34,384 | 36,120 | 37,141 | 38,056 | 40,387 | 42,139 | 43,458 | 44,983 | 46,401 |
| Development & financial contributions | - | - | - | - | - | - | - | - | - | - |
| Total operating revenue | 93,264 | 98,426 | 99,283 | 112,309 | 106,268 | 114,822 | 115,772 | 119,631 | 124,873 | 128,664 |
| Income from revaluations | 46,953 | 943 | 964 | 45,693 | 1,055 | 1,079 | 80,560 | 1,229 | 1,310 | 94,869 |
| Vested assets | - | - | - | - | - | - | - | - | - | - |
| Total comprehensive revenue | 43,355 | 293 | - 2,884 | 49,276 | - 8,902 | 1,943 | 70,624 | 787 | 2,275 | 97,277 |
- Source
- The Council's 2018-2028 Long-Term Plan.