What will it cost?

In our Long-Term Plan we had planned $365.3 million of total expenditure in 2025/26, with $225.0 million funded by rates. This would have meant a total rates revenue increase of 15.5%.

We are now proposing $358.8 million of total expenditure in 2025/26, with $214.0 million funded by rates. This is now proposed to be a total rates revenue increase of 9.9%.

The difference is largely made up of work being deferred or not progressing in public transport. Other organisational savings, across multiple areas of work, make up the rest.