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Larry. N. MitchellContact Details
Larry. N. MitchellLarry. N. MitchellFinance & Policy AnalystFinance & Policy Analyst (Local Government)(Local Government)
Presentation to the Rodney District “Combined Ratepayers”
meeting 3rd July 2004.The Rodney District Council’s
“Vital Statistics”
An assessment of the RDC, the criteria.
• Physical, geographic and demographic characteristics … ‘Size’
• Financial position and performance
• Governance
• The future
• Overall assessment
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
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
(7a) Niceties as a percentage of Amenities
Niceties as a percentage of Amenities
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
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
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
(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
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
Governance
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?
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?
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!
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
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
Future Debt ratio’s
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’