The 2024-34 long-term plans at a glance
Observations from our audits of councils’ 2024-34 long-term plans.
Financial forecasts from the long-term plans
| Revenue to increase by 47% | Operating expenditure to increase by 43% |
Debt to increase |
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Forecast capital expenditure
Councils propose to spend 34% more on their assets during 2024-34 than they proposed in their 2021-31 long-term plans.
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Renewing assets 2021-31: $27.9b |
Improving levels of service 2021-31: $23.6b |
Meeting additional demand 2021-31: $17.1b |
Comparisons between the 2021-31 and 2024-34 long-term plans are between the same 58 councils that completed the 2024-34 long-term plans.
We looked at
| 32 Consultation documents | 10 Unmodified opinions 19 included emphasis of matter paragraphs 3 qualified audit opinions |
| 58 long-term plans | 16 unmodified opinions 28 included emphasis of matter paragraphs 12 qualified audit opinions 2 adverse audit opinions |
Timeliness
| 1 regional council and 1 district council adopted their plans a month after deadline. |
| 12 councils deferred adopting their plans by a year. |
| 8 cyclone-affected councils prepared three-year unaudited plans instead. |