The line graph shows the past and projected finances for a local authority in New Zealand. Summarize the information by selecting and reporting the main features and make comparisons where relevant

The polyline graph illustrates the financial position of a New Zealand local authority in millions from 2012

till

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to

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the present and

also

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shows the estimations till 2022. 

Overall

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,

it is clear that

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rates

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of revenue

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revenue

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of revenue

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and user charges are predicted to increase over the period.

While

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,

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apply

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borrowings and grants and subsidies are likely to remain much lower. 

Rates

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revenue and user charges increased moderately till 2018 and they are forecasted to follow the similar pattern over the rest of the time frame.

Rates

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revenue stood at just under 1.5 billion in 2012, which was the highest of the four criteria. Though it remained stable for a year

but

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apply

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then

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increased gradually until 2018, it is expected to climb to approximately 2.4 billion dollars in 2022. Like

rates

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revenues, user charges are predicted to increase continuously. They began the period at 1 billion and are likely to become twice by 2022.