Key areas of spend
- Capital spend: $1,567 million
- Operating spend: $5,866 million
- Rates value per $100: $7
How operating costs are funded
- Other, including fees and charges: 67%
- Rates: 33%
The challenges
Managing costs
The escalating costs of a growing Auckland along with reduced revenue as a result of the COVID-19 pandemic have resulted in further pressure to reduce costs.
Climate change
The future impacts of climate change related weather events require the council to take a leadership role in responding.
Our plan
Ongoing review of services, assets and efficiency
Organisational efficiency and cost savings have been a focus for many years and this 10-year budget has continued with a further $90 million per annum of savings included. We are also recycling some of our assets to improve our ability to invest in new or upgraded infrastructure.
Enhancing Auckland’s readiness for natural disasters
Auckland Emergency Management will continue to work with communities to increase their resilience to both natural disasters and the impacts of climate change.
Recycling of assets
In this 10-year budget we have included increased targets for asset sales to assist the funding of more critical assets.
This means releasing value from surplus, non-strategic assets by selling or entering into long-term lease arrangements for these assets.
