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 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.
This
report derives from the listed line graph which enumerates the proportion of predictions of finances for local rulers in New Zealand. The unit of measurement in a quantity of dollars. A glance at the chart reveals that the trend of charging users in conjunction with revenue rates has steadily grown over the entire course
whereas
grants and subsidies
along with
borrowing experience have considerable fluctuations.
To begin
with, the figures of user charges comprise
at
Change preposition
apply
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sharply 1000
million
initially
in 2012 foreshadowed by a colossal excitation of firmly 2000
million
at the end
of 2022.
Similarly
, the values of revenue rates encounter rocketing from almost the ceiling of 1500
million
to approximately 2300
million
in 2022. In stark contrast to the aforementioned direction, the grants and subsidies upsurge unremarkably throughout the listed years, resulting in 100
million
, covering its peak of slightly more than 500
million
in 2016 coinciding with the borrowing trend. Regarding the remaining figures, it should be mentioned the oscillations of borrowings, emphasizing 2014, 2016, and 2020, recording the highest metrics of modestly more than 1000
million
, a nadir dip of roughly 600
million
, and a tremendous incline of even more than the previous one on about 300
million
, respectively.
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Vocabulary: Replace the words million with synonyms.
Vocabulary: The word "figures" was used 2 times.
Vocabulary: The word "figures" was used 2 times.
Vocabulary: The word "trend" was used 2 times.
Topic Vocabulary:
  • projected
  • fluctuation
  • steadily
  • significant
  • revenue
  • expenditure
  • surpass
  • align
  • trend
  • stability
  • increase
  • decrease
  • peak
  • trough
  • forecast
  • decline
  • rise
  • consistent
  • notable
  • growth
  • factors
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