Wednesday, July 23, 2014

Statistics New Zealand has released its latest comprehensive analysis of spending by local authorities, showing a downward trend.

Published today, the data relates to the 12 months to June 2013.

It shows spending on core services declined from $8.5b to $8.3b.

It's the first fall in operating expenditure in 20 years.

Meanwhile, the operating income of local authorities has increased by 1%, to $7.9b.

Income from rates increased $90m last year - the lowest increase since the global financial crisis.

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