This is interest costs relating to external borrowings. These costs fluctuate according to the level of Council s external borrowings.

Transcription

1 This section provides high level financial information to aid the reader to identify the key themes of the Plan. Council spends money on day to day running costs and service provision (this is known as operational expenditure) and on investing in new infrastructure and capital assets; such as roads, water and sewerage facilities (this is known as capital expenditure). Council s operational expenditure is largely funded from rates, fees and charges and operational subsidies, whilst capital expenditure is funded from borrowing, capital subsidies and reserve funds. The prospective Statement of Financial Performance includes the following headings: Rates This includes rates and the uniform annual general charge (UAGC), as well as targeted rates. Other income This includes fees and charges, development contributions, and subsidies (both capital and operational). Operating expenditure This is all operational costs including staffing costs, repairs and maintenance and contract costs. Council s total budgeted expenditure in is $100.3 million compared to $103.5 million indicated in the LTP. Of the revised total, $67.4 million is spread across the range of activities Council provides, $28.2 million provides for depreciation on assets and $4.7 million relates to interest costs associated with Council borrowings. Finance cost This is interest costs relating to external borrowings. These costs fluctuate according to the level of Council s external borrowings. Depreciation Depreciation spreads the cost of the asset over its life to recognise its deterioration in value through wear and tear and usage over time. Council is required to provide for depreciation in its accounts and this generates funding for asset renewal/replacement. Surplus The surplus is used to support capital expenditure in current and future years. Capital expenditure Council s budgeted capital expenditure in is $47.3 million compared to $35.5 million indicated in the LTP. This is due to projects that were identified as not completing in transferring to this Annual Plan and the inclusion of some additional work approved at Deliberations. Future rate increases Legislative changes have been made that require Council to identify future rate increases and document these within the Long-Term Plan. The financial strategy indicated an overall rate increase of 4.3% for whilst this plan indicates a rate increase of 2.86%. Borrowing Another aspect of the Financial Strategy relates to borrowing limits. Council has continued to take a conservative approach to borrowing and has set treasury limits within the Treasury Policies accordingly. 66

2 Consolidated Roading and Footpaths n Prospective Statement of Financial Performance Income 10,073 Rates - General 11,654 9,785 5,193 Rates - Targeted 4,138 5, Rates - Penalties Fees & Charges ,579 Subsidies Operational 6,288 5,919 8,578 Subsidies Capital 9,101 8, Other Income ,232 Total Comprehensive Income 33,135 31,203 Direct Costs 29,899 Direct Costs 30,969 29,978 29,899 Total Direct Operating Expenditure 30,969 29, Indirect Costs 1,207 1, Total Indirect Costs 1,207 1,053 n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT 357 Net Surplus/(Deficit) ,385 Loan 1,453 2,484 16,066 Other Funding 15,832 16,502 (12) Appropriation to Reserves 0 (12) 17,797 Total Funding 18,246 19,145 Capital Expenditure 17,102 Capital Projects 17,452 18, Debt Repayment ,797 Total Capital Expenditure 18,246 19,145 0 NET SURPLUS/(DEFICIT) ,875 Total Operating Expenditure 32,176 31, NET SURPLUS/(DEFICIT) Annual Plan

3 CAPITAL PROJECTS BY WARD Roading and Footpaths GROWTH WORKS Bay of Islands - Whangaroa Footpaths 0 State Highway 11 Haruru Falls Te Kemara Avenue Paihia Inlet Road Darwin Rd to Rolands Wood Kemp Road Kerikeri Kendall Road Kerikeri Riddell Road Kerikeri 64 0 Roading Network 195 WC231 - Associated Improvements Eastern Ward New Development Road Improvements Bay of Islands - Whangaroa Total 452 1,170 Kaikohe - Hokianga Roading Network 70 WC231 - Associated Improvements Western Ward New Development Road Improvements Kaikohe - Hokianga Total Te Hiku Footpaths 175 Far North Road Pukenui Roading Network 186 WC231 - Associated Improvements Northern Ward New Development Road Improvements Te Hiku Total ,163 GROWTH WORKS TOTAL 1,053 1,612 LEVEL OF SERVICE WORKS Bay of Islands - Whangaroa Footpaths 0 Mako/Martin/Tuna Place Footpaths Upgrade 0 54 Roading Network 0 Waipapa Rd SH1 Intersection Improvements WC322 - Butler-Homestead Road WC322 - Klinac Lane Extension 0 0 Roads Targeted Rates 44 Tanekaha Lane Bay of Islands - Whangaroa Total District Cycleway Network 0 Cycleway Network Roading Network 50 WC215 - Retaining Wall Renewals WC341 - Minor Improvements District Wide 1,585 1, WC241 - Preventative Maintenance Ratepayer Partnership Programme Roading Unsubsidised Work 0 LED Streetlighting Project Unsubsidised ,014 District Total 2,635 3,003 Kaikohe - Hokianga Footpaths 41 Thorpe Rd Kaikohe State Highway 12 Omapere Russell Esplanade Rawene Upgrade Kaikohe - Hokianga Total ,599 LEVEL OF SERVICE WORKS TOTAL 3,369 3,874 68

4 CAPITAL PROJECTS BY WARD Roading and Footpaths RENEWAL WORKS Bay of Islands - Whangaroa Footpaths 1 Okura Bay Road Totara North Footpath 1900 Metal 6M Albert Street Kawakawa Footpath 1960 Concrete194m Albert Street Kawakawa Footpath 1960 Concrete 28m Amokura Road Kerikeri Footpath 1970 Concrete 146m Beechy Street Opua Footpath 1980 Asphaltic Concrete (black) 25m Cobham Court Footpath Kerikeri 1900 Concrete 24m Footpath Renewal Programme - Eastern Gills Drive Kawakawa Footpath 1970 Concrete 115m Gills Drive Kawakawa Footpath 1970 Concrete 180m Greenacres Drive Kawakawa Footpath 1970 Concrete 14m Greenacres Drive Kawakawa Footpath 1970 Timber 30m Grey Street Kawakawa Footpath 1970 Concrete 121m Grey Street Kawakawa Footpath 1970 Concrete 129m Harry's Place Kawakawa Footpath 1970 Concrete 70m Kawakawa - Paihia Road Opua Footpath 1980 Timber 24m Kings Road Paihia Footpath 1980 Concrete 107M Kings Road Paihia Footpath 1990 Concrete 197M Kings Road Paihia Footpath 1990 Concrete 90M Lanark Road Kerikeri Footpath 1900 Concrete 10M Landing Road Kerikeri Footpath 1900 Metal 52M Landing Road (Kerikeri) Kerikeri Footpath 1900 Concrete 90M Mako Street (Taupo Bay) Taupo Bay Footpath 1900 Concrete 204M Marlin Drive Taupo Bay Footpath 1900 Concrete 39M Nautical Drive Paihia Footpath 2000 interlocking blocks 10M Nautical Drive Paihia Footpath 2000 interlocking blocks 25M 0 0 Annual Plan

5 CAPITAL PROJECTS BY WARD Roading and Footpaths 2 Nautical Drive Paihia Footpath 2000 interlocking blocks 10M Mason Avenue (Moerewa) Moerewa Footpath 1970 Concrete 252M Mawson Avenue Waipapa Footpath 1900 Concrete 331M North Road (Sh 11 Kawakawa) Kawakawa Footpath 1970 Concrete 50M North Road (Sh 11 Kawakawa) Kawakawa Footpath 1980 Concrete 73M Robertson Street Russell Footpath 1970 Concrete 88M Sammaree Place Kerikeri Footpath 1900 Concrete 14M Selwyn Road Paihia Footpath 1980 Interlocking Blocks 25M Spinnaker Point Road Kerikeri Footpath Interlocking Blocks 38M State Highway 1 (Moerewa) Moerewa Footpath 1960 Concrete 46M State Highway 12 (Ohaeawai) Ohaeawai Footpath 1980 Timber 18M State Highway 10 (Kaeo) Kaeo (Northern) Footpath 1985 Concrete 80M Vogel Street Kawakawa Footpath 1970 Concrete 51M Vogel Street Kawakawa Footpath 1970 Concrete 91M Waipapa Landing Place Kerikeri Footpath 1900 Interlocking Blocks 170M Whitemans Road Kawakawa Footpath 1980 Concrete 240M York Street Russell Footpath 1980 Concrete 39M 14 0 Roading Network 110 Waikuku Road Bridge No R WC341 - Matawherohia Road Bridge No I WC341 - Paraha Road Bridge No W Bay of Islands - Whangaroa Total

6 District Ferries 100 Schottle Replacement Schottle Rebuild 30 0 Roading Network 3,169 WC211 - Periodic Remetalling 3,296 3, WC215 - Bridge Renewals WC222 - Traffic Services Renewals WC212 - Thin Asphaltic Surfacings ,311 WC212 - Chip Sealing 3,396 3, WC213 - Culverts WC213 - Kerb and Channel Renewals WC213 - Other Drainage Renewals WC214 - Urban Road Rehabilitation ,388 WC214 - Rural Road Rehabilitation 2,952 2,949 12,093 District Total 12,048 11,849 Kaikohe - Hokianga Footpaths 0 Footpath Renewal Programme - Western Kohukohu Road Kohukohu Footpath 1980 Seal Over Concrete 13M Settlers Way Okaihau Footpath 1900 Concrete 54M Settlers Way Okaihau Footpath 1900 Seal 37M State Highway 12 (Opononi) Opononi Footpath 1980 Concrete 101M State Highway 12 (Opononi) Opononi Footpath 1980 Timber 613M 0 0 Roading Network 165 WC341 - Hapanga Road Culvert No L WC341 - Tawata Road Bridge No N WC340 - Mission Oak Road Bridge No N Kaikohe - Hokianga Total Annual Plan

7 CAPITAL PROJECTS BY WARD Roading and Footpaths Te Hiku Footpaths 1 Beach Road Mangonui Footpath 1990 Concrete 6m Beach Road Mangonui Footpath 1990 Metal 129m Beach Road Mangonui Footpath 1990 Seal 75m Dominion Road Kaitaia Footpath 2000 Seal 125m Empire Street Kaitaia Footpath 1900 Seal 12m Lake Road Kaitaia Footpath 2010 Metal 360m Matthews Avenue SH 1 Kaitaia Footpath 1990 Seal 46m Matthews Avenue SH 1 Kaitaia Footpath 1990 Seal 140m Matthews Avenue SH 1 Kaitaia Footpath 1990 Seal 38m Melba Street Kaitaia Footpath 1900 Seal 30m Melba Street Kaitaia Footpath 1900 Concrete 38M Puckey Avenue Kaitaia Footpath 1995Seal 22m State Highway 1 (Awanui) Awanui Footpath 1995 Interlocking Blocks 40m Ward Street Kaitaia Footpath 1990 Metal 71m Whatuwhiwhi Road Whatuwhiwhi Footpath 1900 Metal and steps 130m Footpath Renewal Programme - Northern Roading Network 143 WC341 - Churtons Road Bridge No C WC341 - Blue Gorge Road Bridge No E WC341 - Kaitaia-Awaroa Road Culvert No D Waharua Road Culvert No A Te Hiku Total ,341 RENEWAL WORKS TOTAL 13,030 12,898 17,102 GRAND TOTAL ROADING AND FOOTPATHS 17,452 18,384 72

8 Consolidated Stormwater and drainage n Prospective Statement of Financial Performance Income 2,108 Rates - General 2,252 1, Rates - Targeted Rates - Penalties ,688 Total Comprehensive Income 2,836 2,639 Direct Costs 2,080 Direct Costs 2,190 1,886 2,080 Total Direct Operating Expenditure 2,190 1, Indirect Costs Total Indirect Costs ,268 Total Operating Expenditure 2,416 2,094 n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT 420 Net Surplus/(Deficit) Loan 639 1,016 1,004 Other Funding 1,091 1,075 (420) Appropriation to Reserves (420) (545) 1,623 Total Funding 1,730 2,091 Capital Expenditure 1,290 Capital Projects 1,331 1, Debt Repayment ,623 Total Capital Expenditure 1,730 2,091 0 NET SURPLUS/(DEFICIT) NET SURPLUS/(DEFICIT) Annual Plan

9 CAPITAL PROJECTS BY WARD stormwater drainage LEVEL OF SERVICE WORKS Urban Stormwater District 52 Beach Outlets Improvements Reactive Response Stormwater Management Plan Capital Projects Te Hiku 0 Ahipara Panorama Lane Extend Lines Up Hillside Ahipara Ahipara Reef View Road Te Hiku Total 1,012 1, LEVEL OF SERVICE WORKS TOTAL 1,012 1,413 RENEWAL WORKS Urban Stormwater District 310 Reactive Response District Total RENEWAL WORKS TOTAL ,290 GRAND TOTAL STORMWATER DRAINAGE 1,331 1,730 74

10 Consolidated water supply n Prospective Statement of Financial Performance Income 8,122 Rates - Targeted 9,246 7, Rates - Penalties Fees & Charges Subsidies Capital ,609 Total Comprehensive Income 9,613 8,369 Direct Costs 7,348 Direct Costs 8,506 7,067 7,348 Total Direct Operating Expenditure 8,506 7, Indirect Costs Total Indirect Costs n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT 774 Net Surplus/(Deficit) ,685 Loan 654 4,828 2,435 Other Funding 3,140 2,881 (875) Appropriation to Reserves (788) (570) 6,018 Total Funding 3,509 7,914 Capital Expenditure 5,166 Capital Projects 2,684 6, Debt Repayment 825 1,037 6,018 Total Capital Expenditure 3,509 7,914 0 NET SURPLUS/(DEFICIT) 0 0 7,835 Total Operating Expenditure 9,110 7, NET SURPLUS/(DEFICIT) Annual Plan

11 CAPITAL PROJECTS BY WARD water supply WATER LEVEL OF SERVICE WORKS Bay of Islands - Whangaroa 0 Kawakawa Resource Consent Kawakawa North Road Control Valve Upgrade Kerikeri Resource Consent Backwash Kerikeri Water Treatment Plant Switchboard Kerikeri Water Treatment Plant Backwash Recycle Pump Kerikeri WTP Backwash Shed Paihia Resource Consent Paihia Reticulation Extension Paihia Haruru Falls Reservoir Booster Paihia Te Haumi Pump Station and Pipe Work Bay of Islands - Whangaroa Total District 75 Fire flow Improvements Water Minor Capital Works (Plus Renewal Shortfall) Water Telemetry District Total Kaikohe - Hokianga 0 Kaikohe Taraire Rd WTP Membranes Okaihau Resource Consent Opononi Raw Water Main Replacement Opononi Raw Water Supply Opononi Treatment Plant Upgrade to meet resource consent 20 Opononi Waiotemarama Source upgrade Waiotemarama WTP Header Tank Rawene Raw Water Supply Rawene/Omania water supply scheme Rawene WTP Retaining Wall Kaikohe - Hokianga Total 457 1,605 Te Hiku 0 Kaitaia New Source 0 3,104 3,000 Sweetwater H2O Kaitaia WTP Retaining Wall ,000 Te Hiku Total 0 3,144 4,113 LEVEL OF SERVICE WORKS TOTAL 807 5,353 76

12 CAPITAL PROJECTS BY WARD water supply RENEWAL WORKS Bay of Islands - Whangaroa 61 Kawakawa Specified Water Renewals Kerikeri AC Pipeline Replacement Kerikeri Specified Water Renewals Paihia Specified Water Renewals Russell Specified Water Renewals Bay of Islands - Whangaroa Total 1, District 26 Health & Safety Specified Water Renewals District Wide District Total Kaikohe - Hokianga 92 Kaikohe Specified Water Renewals Kaikohe AC Pipeline Replacement Kaikohe Taraire Dam Okaihau Specified Water Renewals Opononi AC Pipeline Replacement Opononi Treatment Plant Upgrade CF Opononi Specified Water Renewals Rawene/Omanaia water supply scheme Rawene Specified Water Renewals Kaikohe - Hokianga Total Te Hiku 300 Kaitaia AC Pipeline Replacement Kaitaia Specified Water Renewals Te Hiku Total ,054 RENEWAL WORKS TOTAL 1,877 1,524 5,166 GRAND TOTAL WATER SUPPLY 2,684 6,877 Annual Plan

13 Consolidated sewerage n Prospective Statement of Financial Performance Income 474 Rates - General ,626 Rates - Targeted 12,406 10, Rates - Penalties Fees & Charges ,495 Subsidies Capital Other Income ,183 Total Comprehensive Income 14,347 11,623 Direct Costs 10,426 Direct Costs 12,175 10,715 10,426 Total Direct Operating Expenditure 12,175 10, Indirect Costs Total Indirect Costs n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT 2,082 Net Surplus/(Deficit) 1, ,583 Loan 4,416 7,080 5,796 Other Funding 3,858 3,334 (666) Appropriation to Reserves (510) 28 13,795 Total Funding 9,074 10,620 Capital Expenditure 12,119 Capital Projects 6,522 8,616 1,676 Debt Repayment 2,553 2,004 13,795 Total Capital Expenditure 9,074 10,620 0 NET SURPLUS/(DEFICIT) ,101 Total Operating Expenditure 13,038 11,445 2,082 NET SURPLUS/(DEFICIT) 1,

14 CAPITAL PROJECTS BY WARD SEWERAGE WASTEWATER LEVEL OF SERVICE WORKS Bay of Islands - Whangaroa 70 Kaeo Wetlands Replant Kawakawa Septage Screening Improvements Inflow and Infiltration Reduction Kerikeri Treatment Plant Resource Consent 0 3,856 (Scenario 2) 0 Bay Of Islands Wastewater Infrastructure 3, Kerikeri Baska-Voda Drive (PS5 - Jurisich) 0 0 Pumping Station 0 Kerikeri School Pump Station ,500 Paihia Treatment Plant Upgrade Opua Reticulation Subsidy Scheme Russell No.2 Decant System ,170 Bay of Islands - Whangaroa Total 3,408 4,827 District 375 Wastewater New Minor Upgrades (Plus Renewal Shortfalls) 0 Inflow and Infiltration Reduction Wastewater Telemetry Upgrade District Total Kaikohe - Hokianga 65 Ngawha New Scheme Kaikohe Penny St Pump Station Kaikohe Sydney St Pump Station Kaikohe Treatment Plant Compliance Upgrade Kaikohe Treatment Plant Upgrade Moved FWD from Kohukohu Treatment Plant Resource Consent Opononi Sewerage Treatment Plant 0 0 Stormwater run-off control 0 Opononi Freese Park Pump Station Opononi Blue Dolphin Pump Station Opononi Sewerage Treatment Plant Upgrade 0 0 1,032 Rawene Treatment Plant Upgrade 0 0 1,969 Kaikohe - Hokianga Total Annual Plan

15 CAPITAL PROJECTS BY WARD SEWERAGE Te Hiku 100 Ahipara Treatment Plant Upgrade ,500 Awanui Reticulation Subsidy Scheme East Coast Wetland Access Road East Coast Wetland Access Road East Coast PS6 Full Upgrade East Coast PS7 Full Upgrade ,378 East Coast Treatment Plant Upgrade Hihi Treatment Plant Upgrade CF Kaitaia Treatment Plant Waveband Pond Kaitaia Treatment Plant Waveband Pond Kaitaia Allan Bell St Pump Station Kaitaia Kohuhu Pump Station Kaitaia Sewerage Treatment Plant Upgrade Wireless Road Subsidy Scheme 0 0 1,049 Kaitaia Sludge Drying Ponds & Associated Pipework Rangiputa Pump Station Emergency Storage Whangaroa Wastewater Treatement Plant Whatuwhiwhi Inlet Screen Whatuwhiwhi Pump Station Whatuwhiwhi Pump Station Wahtuwhiwhi Pump Station Whatuwhiwhi Treatment Plant Compliance Upgrade ,238 Te Hiku Total 2,024 1,365 RENEWAL WORKS Bay of Islands - Whangaroa 0 Kaeo Wastewater Specified Renewals Kawakawa Wastewater Specified Renewals Kerikeri Wastewater Specified Renewals Opononi Wastewater Renewals Programme Paihia Wastewater Specified Renewals Paihia Haruru Major Pump Station Russell Treatment Plant Refurbishment Russell Wastewater Specified Renewals Bay of Islands - Whangaroa Total District 234 Specified Wastewater District Wide Renewals District Total 0 0 Kaikohe - Hokianga 155 Kaikohe Wastewater Specified Renewals Opononi Wastewater Specified Renewals Rawene Wastewater Specified Renewals Kaikohe - Hokianga Total ,904 LEVEL OF SERVICE WORKS TOTAL 5,751 7,670 80

16 CAPITAL PROJECTS BY WARD SEWERAGE Te Hiku 17 Ahipara Wastewater Specified Renewals Awanui Wastewater Specified Renewals East Coast Wastewater Specified Renewals Hihi Wastewater Specified Renewals Hihi Treatment Plant Upgrade CF Kaitaia Wastewater Specified Renewals Whatuwhuiwhi Wastewater Specified Renewals Te Hiku Total ,215 RENEWAL WORKS TOTAL ,119 GRAND TOTAL SEWERAGE TREATMENT AND DISPOSAL 6,522 8,616 Annual Plan

17 Consolidated waste management n Prospective Statement of Financial Performance Income 4,038 Rates - General 4,251 4, Rates - Penalties Fees & Charges Other Income ,236 Total Comprehensive Income 5,498 5,128 Direct Costs 4,913 Direct Costs 5,096 4,778 4,913 Total Direct Operating Expenditure 5,096 4, Indirect Costs Total Indirect Costs n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT 36 Net Surplus/(Deficit) Loan Other Funding (36) Appropriation to Reserves (43) (37) 574 Total Funding Capital Expenditure 214 Capital Projects Debt Repayment Total Capital Expenditure NET SURPLUS/(DEFICIT) 0 0 5,200 Total Operating Expenditure 5,455 5, NET SURPLUS/(DEFICIT)

18 CAPITAL PROJECTS BY WARD waste management REFUSE LEVEL OF SERVICE WORKS District Recycling & Waste Minimisation 5 District Wide Recycling Facilities 5 0 Transfer Stations 26 Transfer Station Upgrade Install Health Safety and Security District Total LEVEL OF SERVICE WORKS TOTAL RENEWAL WORKS Bay of Islands - Whangaroa Landfills 3 Russell Landfill Access Ways Renewal Russell Landfill Leachate Pump Stations Incl Pumps Russell Landfill Boundary Fence Incl Gate 0 0 Transfer Stations 30 Whitehills Transfer Station Renewals Russell Transfer Station Renewals Whangae Transfer Station Renewals Bay of Islands - Whangaroa Total 3 68 District Transfer Stations 0 Ahipara Transfer Station Renewals Awanui Transfer Station Renewals Kaikohe Transfer Station Renewals Kaitaia Transfer Station Renewals Whitehills Transfer Station Renewals Kohukohu Transfer Station Renewals Opononi Transfer Station Renewals Punguru Transfer Station Renewals Russell Transfer Station Renewals Taipa Transfer Station Renewals Te Kao Transfer Station Renewals Whangae Transfer Station Renewals Whatuwhiwhi Transfer Station Renewals District Total Kaikohe - Hokianga Transfer Stations 41 Kaikohe Transfer Station Renewals Kohukohu Transfer Station Renewals Opononi Transfer Station Renewals Panguru Transfer Station Renewals Kaikohe - Hokianga Total 0 37 Annual Plan

19 CAPITAL PROJECTS BY WARD waste management Te Hiku Landfills 0 Ahipara Landfill Boundary Fence Incl Gate Ahipara Landfill Signs 0 0 Transfer Stations 0 Herekino Transfer Station Renewals Houhora Transfer Station Renewals Kaitaia Transfer Station Renewals Taipa Transfer Station Renewals Te Kao Transfer Station Renewals Whatuwhiwhi Transfer Station Renewals Te Hiku Total RENEWAL WORKS TOTAL GRAND TOTAL WASTE MANAGEMENT

20 Consolidated district facilities n Prospective Statement of Financial Performance Income 9,187 Rates - General 9,802 10,058 8,406 Rates - Targeted 8,998 9, Rates - Penalties ,136 Fees & Charges 2,289 2,106 0 Subsidies Operational Development Contributions Other Income ,444 Total Comprehensive Income 21,863 22,342 Direct Costs 18,147 Direct Costs 19,226 19,463 18,147 Total Direct Operating Expenditure 19,226 19,463 2,583 Indirect Costs 2,990 2,899 2,583 Total Indirect Costs 2,990 2,899 n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT (286) Net Surplus/(Deficit) (353) (20) 1,143 Loan 1,156 2,217 5,461 Other Funding 6,280 7,321 (139) Appropriation to Reserves (105) (75) 6,179 Total Funding 6,978 9,444 Capital Expenditure 5,897 Capital Projects 6,597 8, Debt Repayment ,179 Total Capital Expenditure 6,978 9,444 0 NET SURPLUS/(DEFICIT) ,730 Total Operating Expenditure 22,216 22,362 (286) NET SURPLUS/(DEFICIT) (353) (20) Annual Plan

21 CAPITAL PROJECTS BY WARD DISTRICT FACILITIES GROWTH WORKS Community Services Bay of Islands - Whangaroa Parks & Reserves 31 Kerikeri Sports Field Development airport Recreation Land Purchase, Kerikeri/Waipapa Swimming Pools 51 Kerikeri heated pool -design/consent Bay of Islands - Whangaroa Total Te Hiku Parks & Reserves 51 Pukenui Domain Football Field Development Public Toilets 31 Tokerau Beach New Public Toiilets Te Hiku Total Community Services Total GROWTH WORKS TOTAL LEVEL OF SERVICE WORKS Community Services Bay of Islands - Whangaroa Carparks 206 Church Road Russell, Develop new Car Park 0 0 Maritime Facilities 0 Waitangi Maritime Ramp Widening Whangaroa Maritime Ratcliffes Bay Ramp Parks & Reserves 0 Hundertwasser Park Extension Baysport Waipapa Parking Development Rubbish Bins for new pedestrian Kerikeri Basin Beach Access Esplanade Rreserve Kawakawa Recreation Centre - Changing Room, 0 0 Disability Ramp, Seal Car Park Public Toilets 21 Whangaroa Big Game Fishing Rawhiti Boat Ramp New Toilet - Resource Consent, Design Long Beach Toilets New Roof Upgrade Bay of Islands - Whangaroa Total Kaikohe - Hokianga Cemeteries 10 Kaikohe Cemetery Rawene Cemetery 11 0 Halls 0 Halls Horeke Upgrade Maritime Facilities 0 Mangungu Maritime Jetty Bracing Improvements 0 16 Parks & Reserves 309 Lindvart Park Pavilion Upgrade Kaikohe Grandstand Public Toilets 0 Broadwood Toilets - Improve Disability Access Kohukohu Toilets - Improve Disability Access Rawene Russell Esplanade Kaikohe - Hokianga Total

22 CAPITAL PROJECTS BY WARD DISTRICT FACILITIES Te Hiku Airports 0 Taxiway/Apron Stabilise and seal (8900sqm) Kaitaia Airport Building Joinery 0 15 Cemeteries 0 Kaitaia Cemetery Improvements Kaitaia Cemetery Maritime Facilities 0 Pukenui Maritime Wharf Improvements 0 70 Parks & Reserves 0 Whatuwhiwhi Recreation Hub Development - Fields Centennial Park Land Purchase Centennial Park, Kaitaia Fencing 0 32 Public Toilets 60 Houhora Heads Public Toilets Melba Street Broadwood Toilets Relocation/Rebuild Broadwood Toilets - Improve Disability Access 0 21 Swimming Pools 0 Kaitaia Indoor Recreation space /swimming facility 53 0 consent design 184 Te Hiku Total Customer Services District Libraries 10 Implementation of Free Online Library System District Total 0 0 Kaikohe - Hokianga Information Centre 0 Opononi I-Site Building Kaikohe - Hokianga Total Customer Services Total LEVEL OF SERVICE WORKS TOTAL 1,149 2, Community Services Total 1,149 2,125 Annual Plan

23 CAPITAL PROJECTS BY WARD DISTRICT FACILITIES RENEWAL WORKS Community Services Bay of Islands - Whangaroa Amenity Lighting 19 Amenity Lighting Eastern Renewals Carparks 2 Marsden Rd Footpath Asphalt 186m York St-Sealed Surface 632m2 9 0 Community Centres 342 Community Centres Eastern Renewals Halls 315 Halls Eastern Renewals Halls Paihia Renewals Halls Totara North Renewals Halls Towai Renewals 0 67 Housing for the Elderly 0 Housing for the Elderly Kawakawa Security Renewals Housing for the Elderly Kerikeri Security Renewals Housing for the Elderly Kawakawa Renewals Housing for the Elderly Kerikeri Renewals Maritime Facilities 46 Te Haumi Boat Ramp Renewals Rawhiti Maritime Renewals Russell Maritime Renewals Totara North Maritime Renewals Waitangi Maritime Renewals Whangaroa Maritime Renewals Kerikeri Maritime Renewals 0 0 Parks & Reserves 397 Parks & Reserves Eastern Renewals Housing for the Elderly 0 Housing for the Elderly Renewals 1 0 Public Toilets 0 Hundertwasser Toilets Eastern Public Toilets ,359 Bay of Islands - Whangaroa Total 1,259 1,256 District Maritime Facilities 0 Maritime Facilities Renewals Motor Camps 41 Tauranga Bay Motor Camp Renewals Houhora Head Motor Camp Renewals District Total Kaikohe - Hokianga Carparks 0 Memorial Ave Car Park Surface 5000m Community Centres 60 Community Centres Western Renewals Halls 0 Halls Opononi Renewals Halls Western Renewals Halls Horeke Renewals Halls Kaikohe Renewals Halls Kohukohu Renewals Housing for the Elderly 13 Housing for the Elderly Opononi Renewals Housing for the Elderly Rawene Renewals Housing for the Elderly Kohukohu Renewals Housing for the Elderly Waima Renewals

24 CAPITAL PROJECTS BY WARD DISTRICT FACILITIES Housing for the Elderly 0 Housing for the Elderly Horeke Security Renewals Housing for the Elderly Kaikohe Security Renewals Housing for the Elderly Kohukohu Security Renewals Housing for the Elderly Omapere Security Renewals Housing for the Elderly Rawene Security Renewals Housing for the Elderly Waima Security Renewals Housing for the Elderly Horeke Renewals Housing for the Elderly Kaikohe Renewals Maritime Facilities 1 Opononi Maritime Renewals Panguru Maritime Renewals Rawene Maritime Renewals Horeke Maritime Renewals Kohukohu Maritime Renewals Omapere Maritime Renewals 0 45 Parks & Reserves 412 Parks & Reserves Western Renewals Parks & Reserves Western Renewals Housing for the Elderly 0 Housing for the Elderly Rawene Renewals Housing for the Elderly Kaikohe Renewals Kaikohe - Hokianga Total 1,336 1,937 Te Hiku Airports 0 Airports Renewals Kaitaia Runway Slurry Seal (Reseal) Kaitaia Airport Landscaping Kaitaia Airport Ryobi Door Openers Kaitaia Airport Runway Marking 0 0 Amenity Lighting 9 Amenity Lighting Northern Renewals 7 0 Carparks 10 North Road Carpark Kaitaia Footpath Concrete 110m Melba St Surface Asphalt/Chipseal 5555m Cemeteries 21 Kaitaia Cemetery 0 0 Community Centres 148 Community Centres Northern Renewals 0 0 Halls 0 Halls Peria Renewals Halls Northern Renewals Halls Awanui Renewals Halls Herekino Renewals 0 40 Housing for the Elderly 0 Housing for the Elderly Ahipara Renewals Housing for the Elderly Ahipara Security Renewals Housing for the Elderly Awanui Security Renewals Housing for the Elderly Oxford St Security Renewals Housing for the Elderly Awanui Renewals Housing for the Elderly Puckey Ave Security Renewals Housing for the Elderly Kaitaia Renewals Maritime Facilities 174 Pukenui Maritime Renewals Taipa Maritime Renewals Unahi Wharf Renewals Hihi Maritime Renewals Houhora Maritime Renewals Mangonui Maritime Renewals 0 5 Annual Plan

25 CAPITAL PROJECTS BY WARD DISTRICT FACILITIES Parks & Reserves 501 Parks & Reserves Northern Renewals Public Toilets 0 Northern Public Toilets Swimming Pools 0 Kaitaia Swimming Pool Renewals 6 0 1,485 Te Hiku Total 1,196 1,942 3,706 Community Services Total 4,613 5,135 Customer Services Bay of Islands - Whangaroa Libraries 7 Kawakawa Library Renewals Kerikeri Library Renewals Paihia Library Renewals Bay of Islands - Whangaroa Total 0 87 District Information Centre 20 Information Centre Renewals Libraries 255 Library Book Renewals Library Other Renewals Other Renewals Horizon Library System Upgrade District Total Kaikohe - Hokianga Libraries 285 Kaikohe Library Renewals Service Centres 0 Rawene Service Centre Renewals Kaikohe - Hokianga Total Te Hiku Kaitaia Civic Buildings 45 Old Kaitaia Info Centre Building Old Kaitaia Library Building Te Hiku Total Customer Services Total Public Safety District Civil Defence 0 Civil Defence Renewals 0 33 Rural Fires 0 Rural Fires Renewals District Total Public Safety Total ,602 RENEWAL WORKS TOTAL 5,131 6,110 5,897 GRAND TOTAL DISTRICT FACILITIES 6,597 8,703 90

26 Consolidated ENVIRONMENTAL MANAGEMENT n Prospective Statement of Financial Performance Income 6,448 Rates - General 6,789 6, Rates - Penalties ,162 Fees & Charges 3,464 3,365 0 Subsidies Operational Other Income 4 0 9,780 Total Comprehensive Income 10,432 10,253 Direct Costs 8,853 Direct Costs 9,434 9,215 8,853 Total Direct Operating Expenditure 9,434 9, Indirect Costs 998 1, Total Indirect Costs 998 1,038 n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT 0 Net Surplus/(Deficit) Loan Other Funding Appropriation to Reserves Total Funding Capital Expenditure 0 Capital Projects Debt Repayment Total Capital Expenditure NET SURPLUS/(DEFICIT) 0 0 9,780 Total Operating Expenditure 10,432 10,253 0 NET SURPLUS / (DEFICIT) 0 0 Annual Plan

27 CAPITAL PROJECTS BY WARD ENVIRONMENTAL MANAGEMENT REGULATORY SERVICES RENEWAL WORKS Animal Control Dogs 0 Animal Control Trailers/Horse Float Renewals Rossi Mat and Marling Stainless Steel Storage Unit RENEWAL WORKS TOTAL 0 13 Regulatory Services Administration 0 PABX Equipment & 3 Enterprise IP Renewals RENEWAL WORKS TOTAL GRAND TOTAL ENVIRONMENTAL MANAGEMENT

28 Consolidated GOVERNANCE AND STRATEGY n Prospective Statement of Financial Performance Income 10,914 Rates - General 10,426 11, Rates - Penalties Fees & Charges Development Contributions Other Income ,939 Total Comprehensive Income 11,398 12,903 Direct Costs 8,063 Direct Costs 7,632 9,267 8,063 Total Direct Operating Expenditure 7,632 9,267 1,043 Indirect Costs 1,029 1,162 1,043 Total Indirect Costs 1,029 1,162 n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT 2,833 Net Surplus/(Deficit) 2,737 2, Loan ,504 Other Funding 2,316 3,650 (4,061) Appropriation to Reserves (4,026) (3,487) 1,534 Total Funding 1,154 3,041 Capital Expenditure 1,085 Capital Projects 659 2, Debt Repayment ,534 Total Capital Expenditure 1,154 3,041 0 NET SURPLUS/(DEFICIT) 0 0 9,107 Total Operating Expenditure 8,661 10,428 2,833 NET SURPLUS / (DEFICIT) 2,737 2,475 Annual Plan

29 CAPITAL PROJECTS BY WARD GOVERNANCE AND STRATEGY CORPORATE SERVICES LEVEL OF SERVICE WORKS District Building Services 0 Council Offices Upgrade Information Management Administration 206 CRM & Unified Communications Online Services Enhancements 0 0 (building consents, resource consents, property, rates) 0 Migration to Software as a Service (core applications - MS Office and Interplan) 0 Upgrade of WAN/LAN for change to 75 0 cloud computing environment and wireless computing requirements 0 IT ICT Equipment District Total Information Management Administration 0 Firewall and Security Systems Upgrade 96 0 (preparation for move to the cloud) 0 IT Cabling/Switches/Misc Renewals IT Communications Equipment Renewals IT Equipment Renewals IT Pathway Software Renewals Pool Vehicles 258 Pool Vehicles Renewals Telephony Infrastructure 43 Telephone Infrastructure Renewals District Total 531 2, RENEWAL WORKS TOTAL 531 2,176 1,085 GRAND TOTAL GOVERNANCE AND STRATEGY 659 2, LEVEL OF SERVICE WORKS TOTAL RENEWAL WORKS District Accounting Services Administration 0 Finance 1 System Renewals Building Services 0 Building Services Renewals Fixtures & Fittings Renewals 22 0 Business Performance 0 Business Performance Specified Renewals Corporate Services Administration 526 Office Equipment Renewals

30 WHOLE OF COUNCIL FINANCIAL STATEMENTS The following is the prospective financial forecast, covering the Whole of Council and activity groups n Prospective Statement of Financial Performance Income 43,242 Rates - General 45,652 44,951 1,888 Rates - Targeted Water 2,985 1,345 24,745 Rates - Targeted Excluding Water 26,066 25,735 1,999 Rates - Penalties 2,059 2,060 13,643 Fees & Charges 14,329 13,511 5,579 Subsidies Operational 6,288 5,971 10,257 Subsidies Capital 9,980 9, Development Contributions ,269 Other Income 1,260 1, ,111 Total Operating Income 109, ,460 Expenditure 20,730 District Facilities 22,216 22,362 9,780 Environmental Management 10,432 10,253 9,107 Governance and Strategy 8,661 10,428 30,875 Roading and Footpaths 32,176 31,032 11,101 Sewerage Treatment and Disposal 13,038 11,445 2,268 Stormwater Drainage 2,416 2,094 5,200 Waste Management 5,455 5,091 7,835 Water Supply 9,110 7,594 96,895 Total Operating Expenditure 103, ,299 n Statement of SOURCE AND APPLICATION OF FUNDS CAPITAL STATEMENT 6,215 Net Surplus/(Deficit) 5,619 4,161 13,674 Loan 8,446 18,028 33,865 Other Funding 33,176 35,606 (6,208) Appropriation to Reserves (5,891) (4,697) 47,546 Total Funding 41,349 53,099 Capital Expenditure 42,873 Capital Projects 35,512 47,348 4,673 Debt Repayment 5,837 5,750 47,546 Total Capital Expenditure 41,349 53,099 0 NET SURPLUS/(DEFICIT) 0 0 6,215 Net Operating Surplus/(Deficit) 5,619 4,161 Annual Plan

31 n Depreciation and amortisation by Activity 4,177 District Facilities 4,515 4, Environmental Management Governance and Strategy ,907 Roading and Footpaths 15,996 16,204 3,789 Sewerage Treatment 4,774 3, Stormwater Drainage Waste Management ,451 Water Supply 2,664 2,463 27,771 29,516 28,200 n Interest by Activity 1,025 District Facilities 1, Environmental Management Governance and Strategy Roading and Footpaths 1, ,681 Sewerage Treatment 2,584 1, Stormwater Drainage Waste Management Water Supply ,168 7,869 4,674 96

32 STATEMENT OF FINANCIAL POSITION For the year ended 30 June 2015 Revised Prospective Financial Statements LTP Annual Plan PUBLIC EQUITY 302,444 Other reserves 411, ,115 2,193 Restricted reserves 586 2,602 1,328,864 Retained earnings 1,426,395 1,370,759 1,633,501 Public Equity 1,838,014 1,714,476 Represented by; CURRENT ASSETS 3,490 Cash & cash equivalents 5,490 3,574 38,860 Trade & other receivables 36,474 39,792 2,000 Other financial assets 0 2, Inventories ,417 Current Assets 42,031 45,479 Less; CURRENT LIABILITIES 19,849 Trade & other payables 20,644 20,325 15,372 Borrowings 49,168 12, Provisions Derivative financial instruments ,269 Employee benefits 1,642 1,841 36,567 Current Liabilities 71,464 34,249 Revised Prospective Financial Statements LTP Annual Plan $'000s $'000s $'000s NON CURRENT ASSETS 86 Other financial assets Forestry ,861 Intangible assets 11,861 12,601 12,000 Investments in subsidiaries 12,000 12, Derivative financial instruments ,681,354 Property, plant & equipment 1,931,354 1,765,195 1,706,530 Non Current Assets 1,955,905 1,791,147 NON CURRENT LIABILITIES 79,583 Borrowings 87,380 86,649 0 Trade & other payables 365 Derivative financial instruments Employee benefits 932 Provisions ,880 Non Current Liabilities 88,457 87,901 1,633,500 Net Assets 1,838,014 1,714,476 7,850 Working Capital (29,433) 11,230 Annual Plan

33 STATEMENT OF cashflows For the year ended 30 June 2015 Annual Plan Prospective Financial Statements LTP Annual Plan OPERATING ACTIVITIES Cash was provided from: 77,304 Rates 82,134 79,419 24,939 Other Income 25,731 24, Interest and Dividends , , ,527 Cash was applied to: 64,115 Supply of Goods, Services & Employees 67,150 63,634 6,168 Interest Paid 7,869 4, Fringe Benefit Tax Paid ,347 75,088 68,373 31,956 Net Cash Inflows / (Outflows) from Operating Activities 32,903 35,154 FINANCING ACTIVITIES Cash was provided from: 13,674 Borrowing 8,446 17,849 13,674 8,446 17,849 Cash was applied to; 4,673 Borrowing 5,837 5,750 4,673 5,837 5,750 Annual Plan Prospective Financial Statements LTP Annual Plan INVESTING ACTIVITIES Cash was provided from: Cash was applied to: 42,873 Purchase & Development of Property, Plant & Equipment 35,512 47,169 42,873 35,512 47,169 (42,873) Net Cash Inflows / (Outflows) from Investing Activities (35,512) (47,169) (1,916) Net Increase / (Decrease) in Cash Flows 0 84 NET CASH POSITION Opening Balances 1 July 5,490 Cash & Cash Equivalents 5,490 3,490 5,490 5,490 3,490 Less Balances 30 June 3,574 Cash & Cash Equivalents 5,490 3,574 3,574 5,490 3,574 (1,916) Cash Movements for the Year ,001 Net Cash Inflows / (Outflows) from Financing Activities 2,609 12,099 98

34 STATEMENT OF CHANGES IN EQUITY For the year ended 30 June 2015 Annual Plan Prospective Financial Statements LTP Annual Plan 1,557,022 Opening Balance 1,753,262 1,633,501 76,479 Total Comprehensive Income 84,752 80,975 1,633,501 Closing Balance 1,838,014 1,714,476 STATEMENT OF COMPREHENSIVE INCOME For the year ended 30 June 2015 Annual Plan Prospective Financial Statements LTP Annual Plan 7,690 Surplus/deficit for the year 5,619 4,161 Other Comprehensive Income 50,793 Gains on asset revaluation 53,486 38,671 0 Restricted reserves ,996 Movement in other reserves 25,647 37,968 76,479 Total Comprehensive Income for the year 84,752 80,975 reconciliation between prospective costs of statements and the prospective statement of comprehensive income For the year ended 30 June 2015 Annual Plan Prospective Financial Statements LTP Annual Plan TOTAL OPERATING SURPLUS/(DEFICIT) (Activity Cost of Service Statements) (438) District Facilities Group (353) (20) 2,552 Governance and Strategy Group 2,737 2,475 (257) Roads and Footpaths Group Environmental Management Group Stormwater Drainage Group ,698 Sewerage Treatment & Disposal Group 1, Water Supply Group Waste Management Group ,690 Total Operating Surplus/(Deficit) 5,619 4,161 SURPLUS/(DEFICIT) FOR THE YEAR 76,479 Statement of Comprehensive Income 84,752 80,975 68,789 Variance 79,133 76,814 Reconciling items 50,793 Gains on asset revaluations 53,486 38,671 0 Restricted reserves ,996 Movement in other reserves 25,647 37,968 68,789 79,133 76,814 Annual Plan

35 Reserves report The LGA, Schedule 10, requires the Annual Plan to include information on each reserve fund set aside by Council. The Annual Plan must identify the purpose of the fund, the activity it relates to and the amount expected to be in the fund. The Annual Plan must also indicate the amounts that are to be allocated to and from the funds. The following tables identify the reserves Council maintains and the balances and movement expected. Reserve balance purposes Fair Value through Equity Reserve, Capital Reserve, Cash Flow Hedge Reserve These reserves are all balance sheet reserves used for accounting purposes only. General separate funds These are restricted reserves that are restricted for specific purposes and are not available for general expenditure. Special funds Funds received under the RMA that are ring fenced for specific works relating to the aspect of the RMA under which they were contributed. Development contributions Contributions received in line with Council s Development Contributions Policy. As the policy has changed over time, funds are required to be kept at both district wide and ward levels to provide an account of the contributions received under each policy and their use. Open spaces development contributions Contributions received in line with Council s Development Contributions Policy. As the policy has changed over time, funds are required to be kept at both district wide and ward levels to provide an account of the contributions received under each policy and their use. Amenity development funds Funds were generated by way of a targeted rate for the development and enhancement of the central business areas within major towns. Over time the rating policy has changed and these rates are no longer levied, however, the balance of the reserves are required to be held at ward level until they are fully depleted. Community services fund Funds are generated by way of targeted rates and are intended for the use of maintenance of community infrastructure such as parks and reserves, public toilets, cemeteries, swimming pools, footpaths, halls etc., and the maintenance of central town areas such as street cleaning and rubbish collection. Funds were maintained at ward level but as the rating policy has changed over time, funds are now maintained as a district wide reserve. Depreciation reserves Council is required to fund depreciation on assets that it is intending to renew at a future date. The depreciation charges generated are held by asset/activity area so that funds are available for future replacement. Retained earnings General funds retained by Council arising from the accumulation of prior year s surpluses or deficits from general rate funded operations. Emergency event reserve Specific funds ear marked for the recovery requirements of future weather related events. Property disposal reserve Net sale proceeds arising from surplus property for use to fund future strategic needs within communities. The funds are held at activity and ward levels. The funding decisions are made by Council either at the time of sale or at a future date. Revaluation reserves These reserves represent the projected movement in the valuation of Council s assets over the 10 years of the plan. Mineral Survey Reserve Reserve to investigate the mineral potential of the Northland Region. NOTE: Where a reserve balance is shown in brackets it means the reserve is overdrawn. 100

36 Reserve balances report Revaluation Reserves 253,302 Opening Balance 304, ,705 46,403 Appropriations 50,793 38, ,705 Closing Balance 355, ,376 Fair Value through Equity Reserve 56 Opening balance Closing balance Capital Reserve 2,697 Opening balance 2,697 2,697 2,697 Closing balance 2,697 2,697 Cash Flow Hedge Reserve (14) Opening balance (365) (14) (14) Closing balance (365) (14) General Separate Fund (953) Opening Balance (1,273) (903) 712 Appropriations 838 (662) Withdrawals (398) (903) Closing Balance (1,273) (463) Special Fund 4,062 Opening Balance 3,891 3,724 0 Appropriations 0 (338) Withdrawals (30) 3,724 Closing Balance 3,891 3,694 Amenity Development Fund 242 Opening Balance Appropriations 0 0 Withdrawals Closing Balance Community Services Fund (844) Opening Balance (2,386) (871) Appropriations 0 (27) Withdrawals 0 (871) Closing Balance (2,386) (871) Development Contributions (17,664) Opening Balance (16,944) (18,519) 487 Appropriations (1,342) Withdrawals (1,696) (1,263) (18,519) Closing Balance (18,640) (19,286) Open Spaces Development Contributions (4,142) Opening Balance (4,129) (4,286) Appropriations (144) Withdrawals (170) (170) (4,286) Closing Balance (4,299) (4,456) Annual Plan

37 Reserve balances report Depreciation Reserve 19,034 Opening Balance 26,911 19,493 29,156 Appropriations 29,274 29,550 (28,697) Withdrawals (27,853) (31,623) 19,493 Closing Balance 28,332 17,420 Retained Earnings 1,338,322 Opening Balance 1,354,594 1,331,099 34,047 Retained Earnings Generated 33,238 62,517 (181) Retained Earnings Generated OPEX (41,089) Withdrawals (582) (889) 1,331,099 Closing Balance 1,387,396 1,393,005 Emergency Event Reserve 587 Opening Balance 1, ,580 Appropriations 1,580 1,618 (1,535) Withdrawals (352) (341) 632 Closing Balance 2,429 1,909 Mineral Survey Reserve 50 Opening Balance Appropriations Withdrawals 50 Closing Balance Property Disposal Reserve 395 Opening Balance Appropriations Withdrawals (133) 395 Closing Balance