Auckland mayor Phil Goff unveiled his proposed 10-year budget yesterday to a mostly welcoming council chamber.
He’s focused on increasing infrastructure spending to ease traffic congestion, improving housing affordability and cleaning up water quality in streams and on beaches.
The average rates increase would be 2.5% for each of the next 2 years, rising to 3.5% for the following 2 years.
“This 10-year budget will see Auckland Council’s transport infrastructure spend increase to $11 billion over the next decade. The investment is critical to ensure our city, with increasing population and cars on the road, doesn’t grind to a halt.
“We’re working with Government to introduce a fairer revenue source in the form of the regional fuel tax. This means we can remove the $114 interim transport levy, which doesn’t raise enough money and is unfair in how it impacts on retired folks and others who make less use of our roads.
“Accelerating investment in our transport network is critical to address congestion and to allow the development of brownfield & greenfield sites to increase the supply of housing.”
The budget proposal will go through 2 council workshops before approval on 11 December of the document to go out to consultation. The consultation period will run from 28 February-28 March, the final budget will be endorsed by the council at the end of June and it will come into effect on 1 July 2018.
Attribution: Council committee meeting & council release.