Wednesday, December 16, 2009
Statistics New Zealand has announced local authorities recorded a smaller operating deficit in the September quarter, compared to the previous quarter.
The deficit this quarter is $30.9 million less than the June 2009 quarter deficit of $100.8 million.
Operating revenue also increased, while operating expenditure decreased, according to data collated by Government statisticians.
A Statistics New Zealand spokesperson told 9 Local News, figures pertaining specifically to Dunedin authorities are yet to be made available.