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Auckland Council

Financial impacts of our investments

Capital programme

Our capital investment over the next 10 years, including our funding of CRL Ltd and investment made by Crown Infrastructure Partners, totals about $26 billion.

This includes $12 billion of transport infrastructure investment and $7.1 billion of water infrastructure.

Resulting debt

This level of spend would result in council debt growing by $4.8 billion over the next 10 years, from $8.3 billion in June 2018 to $13.1 billion by June 2028.

This level of debt still enables us to remain within our prudential borrowing ratios, particularly in respect of our target to keep borrowings at a level not exceeding 265 per cent of our revenue.

To maintain our credit rating with Standard and Poors, the limit is 270 per cent.