Local Government Debt Vehicle (M49)
Scope of Appropriation
This appropriation is limited to the provision of capital funding to establish a single debt vehicle for local government borrowing.
Capital Expenditure
| 2011/12 | |||
|---|---|---|---|
| Estimates $000 | Supplementary Estimates $000 | Total $000 | |
| Total Appropriation | - | 4,550 | 4,550 |
Reasons for Change in Appropriation
This appropriation increased by $4.550 million in 2011/12 due to an expense transfer from 2010/11 to 2011/12 for the Local Government Funding Agency.

