Larry. N. Mitchell Contact Details Larry. N. Mitchell Finance & Policy Analyst (Local Government)
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Transcript of Larry. N. Mitchell Contact Details Larry. N. Mitchell Finance & Policy Analyst (Local Government)
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Larry. N. MitchellContact Details
Larry. N. MitchellLarry. N. MitchellFinance & Policy AnalystFinance & Policy Analyst (Local Government)(Local Government)
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Presentation to the Rodney District “Combined Ratepayers”
meeting 3rd July 2004.The Rodney District Council’s
“Vital Statistics”
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An assessment of the RDC, the criteria.
• Physical, geographic and demographic characteristics … ‘Size’
• Financial position and performance
• Governance
• The future
• Overall assessment
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Size Characteristics
9
MeasuresAbsolute Value for
your CouncilYour Council Ranking out of 9
Councils
No of Significant Activities 6 7
Length of Roads 1671 2
No of Bridges 421 2
% Unsealed Roads 0.5 2
Area of District 2475 3
Capital Land Value 13424889 2
Ratepayers Numbers 39580 2
Population Growth 3.7 1
Population 84100 3
No of Dwellings 28536 3
Total Council Expenditure 80823 2
Operating Revenue 124204 1
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Size characteristics.
• Item Value Ranking out of 9
• Ratepayers Equity 942931 2• Total Liabilities 1086124 2• Total Assets 1817484 2• Infrastructure Assets 787106 3• Rating Revenue 60418 1
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(7a) Niceties as a percentage of Amenities
Niceties as a percentage of Amenities
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Financial position and performance
(2) Debt per Capita( Current Liabilities + Term Liabilities / Population numbers )
R'dy Grp High 1,549 1,519 1,020 1,256 1,633R'dy Grp Low 250 237 176 424 299
Ranking 7/9 7/9 7/9 4/9 3/9
Debt per Capita
730 689 659
815
1,040
0
200
400
600
800
1,000
1,200
1999 2000 2001 2002 2003
$
Debt per Capita R'dy Grp Average Sector Average
(3) Debt per Ratepayer
( Current Liabilities + Term Liabilities / Ratepayer numbers )
R'dy Grp High 3,504 3,248 2,163 3,196 3,296
R'dy Grp Low 663 627 441 1,076 1,091
Ranking 7/9 7/9 7/9 5/9 4/9
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Financial position and performance
(3) Debt per Ratepayer( Current Liabilities + Term Liabilities / Ratepayer numbers )
R'dy Grp High 3,504 3,248 2,163 3,196 3,296R'dy Grp Low 663 627 441 1,076 1,091
Ranking 7/9 7/9 7/9 5/9 4/9
Debt per Ratepayer
1,529 1,4651,341
1,740
2,209
0
500
1,000
1,500
2,000
2,500
1999 2000 2001 2002 2003
$
Debt per Ratepayer R'dy Grp Average Sector Average
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Financial position and performance• (8b) Economic Factors
• Regional Economic Growth 28 Low
• Building Consents Average Movement 7 Very High
• Building Consents Current Change 6 Very High
• Workforce Unemployed 26 High
• Ratepayer Land Investment 8 High
• Ratepayer Capital Investment 9 High
• Ratepayer Land & Capital Investment 9 High
• Debt Capacity 11 Low
• Valuation Measure - No of Properties 3 Very High
• Valuation Measure - $ Value of Properties 31 Very Low
• Composite index of Economic Factors High
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(8a) Income Factors Ranking Ability to Pay
Fixed Income Earners / Ratepayers 22 Neutral
Fixed Income Earners / Population 25 High
Household Expenditure 1 Very High
Variance in Household Expenditure 1 Very High
Household Income 6 Very High
Variance in Household Income 6 Very High
Composite index of Income Factors High
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Governance(8) Ratepayers for each Council Member
Number of Ratepayers for each Council Member
R'dy Grp High 2,918 2,949 2,954 3,226 3,153R'dy Grp Low 1,169 1,169 1,200 1,206 1,139
Ranking 3/9 3/9 3/9 3/9 3/9
Ratepayers for each Council Member
2,710 2,756 2,881 2,922 3,045
0
500
1,000
1,500
2,000
2,500
3,000
3,500
1999 2000 2001 2002 2003
Ratepayers for each Council Member R'dy Grp Average Sector Average
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Governance
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Governance
• How do others see us?
• A Commissioner appointed!
• Two financial divisions
• Biz New Zealand survey
• Federated Farmers 199 “Mugs Club” members
• Voter turn-out …Apathy or disillusionment?
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Governance
• Staff levels 1995, 192 employees
• Staff levels 2004, 328 employees plus contracted “staff”.
• Cost-effective spending?, – District plan … $?M, – PENLINK $7 -$10M, – W’paroa sewerage scheme, $17M and – Plan change 62 …$?
• Playgrounds and front office?
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The future
• Based on the adopted 2004-2014 LTCCP…
• It’s ‘full steam ahead on the Titanic’
• New vision, policies and abilities will be crucial to meet the challenges
• This election represents a watershed in RDC’s history.
• Crunch time has arrived!
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RDC Debt per Ratepayer & Total Debt
2002
$168m in
total
$168m in
total$4200
per rate
payer
$4200 per rate
payer
2007
per ratepayer
in total
Prudent maximum debt per ratepayer - $ 1500
$41.5m in total$1121
per rate payer
37,000 rate
payers
40,000 rate
payers
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RDC Debt Interest
2002 2007 2011
per ratepayer
in total
$2.4mtotal
$2.4mtotal$65
p/r
$65 p/r
37,000 ratepayers
$9.4mtotal
$9.4mtotal$235
p/r
$235 p/r
40,000 ratepayers
$14.6m total
$14.6m total$332
p/r
$332 p/r
44,000 ratepayers
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Future Debt ratio’s
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Overall assessment
• Huge challenges, mostly attributable to the nature of the district and its rate of growth
• The RDC could and must do much better
• Crunch time (now) involves the need for true community-based decision making
• So that we will leave our children and grandchildren with a District heritage of which we can justly be proud.
• Ref; www.kauriglen.co.nz ‘Mitch for Mayor’