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Local Authority Statistics-September 2010 Quarter Highlights

Local Authority Statistics: September 2010 quarter highlights:

Seasonally adjusted local authority statistics for the September 2010
quarter compared with the June 2010 quarter show that:

Local authorities recorded an operating deficit of $70 million.
Operating income decreased 2.0 percent to $1.7 billion, driven by
falls in investment income, and regulatory income.
Operating expenditure increased 0.8 percent to $1.8 billion, driven
by rises in purchases of goods and services, and employee costs.

The actual (not seasonally adjusted) deficit is $71 million.

ENDS

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