unable to identify a viable
cheaper option between options 1 and 2.
General Funding Questions
31. A number of submitters infer or claim the increase in rates to pay for the repair and
updates is on top of the rates already being levied for the stadium. This is incorrect.
Existing rating mechanisms end and have been incorporated into the proposed rating
system.
32. Some submitters have argued for alternative funding sources, such as the Provincial
Growth Fund, TSB Community
The engineers,
designers and architects involved in this project, were unable to identify a viable
cheaper option between options 1 and 2.
General Funding Questions
31. A number of submitters infer or claim the increase in rates to pay for the repair and
updates is on top of the rates already being levied for the stadium. This is incorrect.
Existing rating mechanisms end and have been incorporated into the proposed rating
system.
32. Some submitters have argued for
longer
periods rather than at high rates for short periods.
The filter is backwashed once per week to a series of two soak holes. The capacity of
the soak holes is more than adequate to deal with the volumes of backwash which
they receive.
1.3. Resource consents
SDC holds various resource consents for the water supply plants and structures that
it operates, including water abstraction permits, discharge permits and land use
consents. These consents are listed in Table 1 and
some minor issue in regards to
abstraction rates during the brief intermittent periods of low flow restrictions in the Patea
River, however, no environmental effects were noted.
During the year, SDC demonstrated a high level of environmental performance. However
SDC demonstrated a poor level of administrative performance due to the fact, that despite
repeated reminders by Council staff, renewal applications for the weirs in the Konini Stream
and Patea River, and for the backwash discharge
Ordinary Council meeting agenda February 2018.
and enhanced.
THE BOTTOM LINE
The Council finished the 2017/2018 year with a surplus
of $962,000 (total comprehensive income). Total
expenditure was $26.6m. Overall it was a good result,
noting that the general rates increases have been at or
below the rate of inflation for the past few years (a 1%
general rates increase in 2017/2018). The Council’s
balance sheet remains very strong, with no public debt.
All of the achievements outlined here would not
environmental and administrative performance
Besides discussing the various details of the performance and extent of compliance by the Company, this
report also assigns them a rating for their environmental and administrative performance during the period
under review.
Environmental performance is concerned with actual or likely effects on the receiving environment from the
activities during the monitoring year. Administrative performance is concerned with the Company’s
approach to demonstrating
revalued, the total impairment is recognised
in the surplus or deficit.
Depreciation and amortisation expense
Depreciation is provided on a straight-line basis, at rates that will write-off the cost or valuation of
assets, to their estimated residual values, over their useful lives. The rates of depreciation are as
follows:
Buildings 1.25% to 6.67% per annum
Furniture, fittings and equipment 6.67% to 25.00% per annum
Office Equipment 15.00% to 30.00% per annum
The residual
lifestyles
Regional Council
Taranaki
Taking Taranaki
Regional Council
Taranaki
Yarrow Stadium
reduction in targeted Yarrow Stadium
rate following $20m COVID recovery
infrastructure investment by the Govt.
Public bus services and transport
26,775
55,220
Citylink passenger
trips up 7.6%
subsidised trips up by 1924
Total Mobility cardholders
passenger trips on the Connector
-New Plymouth service up 6.8%Hāwera
548,870
Connecting with
the community
engagements