• Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Local Authority Statistics: December 2011 quarter
Embargoed until 10:45am  –  14 March 2012
Key facts

Local authorities had a quarterly operating surplus of $69 million in the December 2011 quarter, after adjusting for seasonal effects.

Seasonally adjusted local authority statistics for the December 2011 quarter, compared with the September 2011 quarter, show that:

  • Operating income increased $36 million (up 1.8 percent), driven by rises in rates, and sales and other operating income.
  • Operating expenditure decreased $40 million (2.0 percent), driven by falls in purchases and other operating expenditure, and employee costs.

The surplus in the December 2011 quarter is the first since a $14 million surplus in the December 2007 quarter. Local authorities had a $97 million deficit in the December 2010 quarter.

Local authorities' actual (not seasonally adjusted) surplus for the December 2011 quarter was $11 million, compared with a deficit of $144 million in the December 2010 quarter.

Graph, Operating result, sesonally adjusted, quarterly, December 2008 to December 2011.    Graph, Operating income and expenditure, seasonally adjusted, quarterly, December 2008 to December 2011.
 
Geoff Bascand
Government Statistician
14 March 2012
ISSN 1178-0304
  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+
Top
  • Share this page to Facebook
  • Share this page to Twitter
  • Share this page to Google+