Model forecasts and determine if on track

Model, determine if on track and report

The revenue and claims/expenditure forecasts are modelled, normally over a 10 year period or to the end of an appropriate future NLTP A National Land Transport Programme Interrelated and complementary combination of activities that, when delivered in a coordinated manner, produce synergies – can span more than one work category and more than one activity class, e.g. a programme could include a road improvement and public transport improvement activities. adopted by the NZTA under section 19 of the LTMA, as from time to time amended or varied period.

The model’s output is compared with the revenue and expenditure scenario currently endorsed by the Group Manager Planning & Investment.

Reports are provided to the Group Manager Planning & Investment and the NZTA Board The NZ Transport Agency Board. as required. The report will raise any material issues and may recommend future action.

Finance team’s role

The NZTA’s Finance team assists the National Manager Investment’s team in deciding whether the modelled cash-flow is on track and what issues need to raised with the Group Manager Planning & Investment  and the NZTA Board The NZ Transport Agency Board. .

In particular, the Finance team is responsible for providing an independent report to the NZTA Board The NZ Transport Agency Board. , Treasury, Ministry of Transport and the Ministers of Transport and Finance on the NZTA’s use and repayment of funds drawn down against the short-term debt facility as well as the National Land Transport Fund position.