Local Government Allocations | The Picong Party
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The Picong Party

Princes Town Regional Corporation

Local Government Allocations & Expenditure

Regional CorporationView Election Results

Latest Allocations: 2026

Budget allocations and expenditure for 2026

Total Allocated
$37,443,000
Total Actual Expenditure
No data available
Population (2011)
102,375

Allocated (2026)

$37,443,000

Actual Expenditure

No data available

Utilization Rate

No data available

Corporation Information

Type:Regional Corporation
Land Area:620 km²
Population (2011):102,375
Population Density:165 per km²

Performance Benchmarking

Compare this region's performance against similar corporation types and national averages

Similar Corporation Types

Per Capita Allocation
$366
This region
$250
Similar types avg
Rank: 3 of 7 Regional Corporations
Performance vs Similar Types
This region receives 46% more per capita than similar types

National Averages

Per Capita Allocation
$366
This region
$461
National avg
Rank: 6 of 16 regions
Performance vs National Average
This region receives 21% less per capita than national average

Per Capita Analysis

2026 Data

Allocated per capita:$366
Actual per capita:No data available
Variance per capita:No data available

Historical Averages

Average allocated per capita:$159
Average actual per capita:$120
Average utilization rate:84%

Highest Values

Highest allocated per capita:
$366
(2026)
Highest actual per capita:
$198
(2023)

Lowest Values

Lowest allocated per capita:
$69
(2010)
Lowest actual per capita:
$55
(2010)

Additional Insights

Years with data:17 years
Population (2011):102,375
2026 vs Average:+131%

Predictive Insights

Trend projections and performance tracking based on historical data patterns

Trend Projections

Allocation Trend
$366
Current per capita
$447
Projected next year
Trend: +22% per year
Utilization Trend
36%
Current rate
9%
Projected next year
Trend: -27% per year
Performance Outlook
Increasing allocations but declining utilization may indicate capacity challenges

Performance Tracking

Year-over-Year Change
Allocation per capita:+116%
Utilization rate:-49%
vs Historical Average
Allocation per capita:+131%
Utilization rate:-84%
Performance Status
Above average allocation but below average utilization - efficiency opportunity

Historical Trends

Resource Allocation Efficiency

Analysis of cost per square kilometer and resource allocation relative to land area and population density

Cost per Square Kilometer

Allocated per km²
$60,392
This region
$256,522
National avg
Rank: 10 of 16 regions
Efficiency Analysis
Low cost per km² may indicate rural area or potential underfunding

Population Density Analysis

Density Category
Rural
165 people/km²
Cost per Person
$366
This region
$662
Similar density avg
Resource Allocation Context
This rural region receives less funding per person than similar areas

Year-by-Year Breakdown

YearAllocated (TTD)Actual (TTD)VarianceUtilization Rate
2010$7,100,000$5,587,767-$1,512,23379%
2011$8,800,000$6,897,867-$1,902,13378%
2012$13,940,000$13,735,853-$204,14799%
2013$15,700,000$15,342,591-$357,40998%
2014$20,000,000$17,261,709-$2,738,29186%
2015$16,300,000$15,495,336-$804,66495%
2016$12,250,000$10,412,556-$1,837,44485%
2017$11,600,000$11,051,545-$548,45595%
2018$12,700,000$11,359,879-$1,340,12189%
2019$13,800,000$12,642,633-$1,157,36792%
2020$15,950,000$12,742,995-$3,207,00580%
2021$13,950,000$10,722,036-$3,227,96477%
2022$14,300,000$12,823,933-$1,476,06790%
2023$23,950,000$20,263,627-$3,686,37385%
2024$20,800,000$7,494,915-$13,305,08536%
2025$17,350,000No data availableNo data availableNo data available
2026$37,443,000No data availableNo data availableNo data available

Data source: Ministry of Finance - Local Government Allocations and Actual Expenditure Reports

Data collated by K. Mike, sourced from finance.gov.tt/publications/national-budget/estimates/

Population data from 2011 Census - Trinidad and Tobago Central Statistical Office