Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Auckland City Council And Britomart Budget Blowout

Comment from David Thornton writer and commentator on local government matters

David Thornton is a former Member of the North Shore City Council. the Auckland Regional Land Transport Committee and the Greater London Council

Infrastructure Auckland Cannot Bail Out Auckland City Council And Its Britomart Budget Blowout

Auckland City Council must be dreaming if it thinks that funds from Infrastructure Auckland will solve all its traffic and transport problems. A report in today's NZ Herald suggests that the council will apply to Infrastructure Auckland for $91.5 million to help with the latest cost of the Britomat Transport interchange.

Add this latest application to the $70 million needed to meet some of the cost of the 'Rail Corridor" purchase, ( plus further unknown millions to pay for the repair of the woefully under-maintained rail-track) - and probably another $70 million towards the cost of the North Shore Busway - plus preliminary costs for the next Harbour Crossing - and suddenly all the money has gone,

Infrastructure Auckland only has between 200 and 300 million dollars in cash. The rest of its assets are in the form of shares in Ports of Auckland Ltd - and those shares would need to be sold to raise any further money. But those shares are Infrastructure Auckland's main source of income. Without them the total fund will quickly diminish to zero - and how will the Auckland region then be able to afford to pay the huge subsidies which the operation of a public transport system requires.

Before Auckland City Council contemplates building a transport interchange which includes a 'light rail station", it should look at where it will find the money to build and operate the light rail system.


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Peters/Ardern Triumph

There are a lot of good reasons to feel joyful about this outcome. It is what so many young voters – the best hope for the country’s future – wanted.

Far more important than the implications for the Economy Gods ( is the dollar up or down? ) last night’s outcome will also mean many, many vulnerable New Zealanders will have a better life over the next three years at least.

Yet the desire for change was in the majority, across the country..>>>More


Reaction

Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome | Greens on their joining Govt | EDS welcomes new govt | Immigrant groups worry | Feds ready to engage new coalition government | Labour Ministers of the Crown announced

 

Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>

ALSO:


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>

ALSO:

Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>

ALSO:

Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>

ALSO:

Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>

ALSO:

Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>

ALSO:

Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election