Source: Auckland’s Council Communication
Kia ora,
Thank you for your recent feedback on our 10-year Budget 2021-2031 (also known as the Long-term Plan), our Recovery Budget for Auckland.
We received nearly 20,000 pieces of feedback through our consultation process, with many people supporting the proposed package of investment for the next 10 years.
Your responses helped our elected members make their decisions, which were finalised and adopted on 29 June 2021.
Our Recovery Budget responds to the impacts of COVID-19 and the effect the pandemic had on the council’s finances. It meant we had some difficult decisions to make to preserve what is most important to you and our communities while also helping our region’s economic recovery.
That’s why this budget has focused on investing in vital infrastructure and continuing to provide the essential services that make Auckland a great place to live, work and play.
Through this budget we will invest a record $31.8 billion to tackle some of the biggest issues facing our region – addressing traffic congestion and road safety, providing infrastructure to support housing, protecting our environment and improving water quality and tackling climate change.
This level of investment has been made possible through:
- Raising general rates by 5 per cent in year one of the 10-year Budget and 3.5 per cent in subsequent years
- An increase of our debt in the short term
- A target of $70 million per annum of asset recycling
- $90 million per annum of cost savings.
Please click here to read more.
