In 2023/2024 we plan to spend $3.593 billion in operating costs and $2.791 billion on capital investment for key activities and service delivery.

Key areas of spend

Auckland Council

Auckland Council delivers a range of activities and services from managing and developing open spaces, parks and reserves across the region, running public libraries, community venues, swimming pools and recreation centres, providing consenting, licensing and waste collection services, to managing stormwater and environmental services.

Graphic of Auckland CBD, and the harbour bridge.

We have budgeted $1.606 billion in operating costs for Auckland Council in 2023/2024.

We have budgeted $576 million in capital investment for Auckland Council in 2023/2024.

See pages 24-32 of the Annual Budget 2023/2024 consultation document (PDF 12.8MB) for more information.

Auckland Transport

Auckland Transport’s (AT) everyday activities keep Auckland moving by planning, delivering, operating and maintaining Auckland’s transport system (excluding State Highways - managed by Waka Kotahi, the transport agency of New Zealand Government, and the rail network - managed by KiwiRail) to meet the needs of current and future Aucklanders.

Graphic of a car, trucks and a bus.We have budgeted $1.180 billion in operating costs for Auckland Transport in 2023/2024.

We have budgeted $1.058 billion in capital investment for Auckland Transport in 2023/2024.

See pages 33-35 of the Annual Budget 2023/2024 consultation document (PDF 12.8MB) for more information.

Tātaki Auckland Unlimited

Tātaki Auckland Unlimited (TAU), as Auckland’s economic and cultural agency, manages and operates 18 regional facilities such as the Zoo, Art Gallery, Maritime Museum, Stadiums and Aotea Centre.

TAU also creates a dynamic city by delivering a unified major events programme and regional events and festivals such as Elemental AKL, Lantern, Pasifika and Diwali festivals.

Graphic of rhinoceros and Auckland Art Gallery.In addition, TAU plays a role in economic development by delivering programmes to support tourism, business events, investment and international education.

We have budgeted $182 million in operating costs for TAU in 2023/2024.

We have budgeted $57 million in capital investment for TAU in 2023/2024.

See pages 36-38 of the Annual Budget 2023/2024 consultation document (PDF 12.8MB) for more information.

Eke Panuku Development Auckland

Eke Panuku leads urban regeneration across the region, focusing on 13 locations agreed upon with the council.

It creates vibrant, liveable places with high-quality housing and well-designed town centres with good transport connections.

Graphic of construction worker in front of buildings.We have budgeted $78 million in operating costs for Eke Panuku Development Auckland in 2023/2024.

We have budgeted $73 million in capital investment for Eke Panuku Development Auckland in 2023/2024.

See pages 39-41 of the Annual Budget 2023/2024 consultation document (PDF 12.8MB) for more information.

Watercare

Watercare is New Zealand’s largest water utility company, providing water and wastewater services to 1.7 million Aucklanders.

It supplies safe drinking water to homes and businesses in the Auckland region and returns high-quality treated wastewater back to the environment.

Graphic of a water dam and a worker.We have budgeted $349 million in operating costs for Watercare in 2023/2024.

We have budgeted $773 million in capital investment for Watercare in 2023/2024.

See pages 42-44 of the Annual Budget 2023/2024 consultation document (PDF 12.8MB) for more information.

Ports of Auckland Limited

Ports of Auckland Limited (POAL) is 100% owned by Auckland Council and provides services such as container terminal handling, bulk cargo handling, freight hubs and cruise industry facilities.

Graphic of a container yard and a container ship.

We have budgeted $198 million in operating costs for POAL in 2023/2024.

We have budgeted $46 million in capital investment for POAL in 2023/2024.

See page 45 of the Annual Budget 2023/2024 consultation document (PDF 12.8MB) for more information.

City Rail Link Limited

City Rail Link (CRL) is a rail link that will connect Britomart and Mt Eden stations with two new stations at Aotea and Karangahape Road via two 3.5km rail tunnels. It will provide a critical piece of infrastructure to support Auckland’s economic growth, unlock development areas and support future population growth.

Graphic of the city rail link.

The CRL will enable the Auckland rail network to at least double rail capacity when it is completed, with trains running every 7 to 10 minutes at peak times for most stations, carrying up to 30,000 people an hour. This improvement to Auckland’s transport network will enable improved economic growth for Auckland.

We have budgeted $286 million in capital investment for CRL in 2023/2024.

See page 45 of the Annual Budget 2023/2024 consultation document (PDF 12.8MB) for more information.

Under-delivery assumption

Though we commit a certain amount of capital expenditure to each area, some will not be spent within this timeframe.

We estimate $78 million dollars will carry over from 2023/2024.

You should know

This information is an edited version of the Annual Budget 2023/2024.

See pages 19 - 45 of the Annual Budget 2023/2024 consultation document (PDF 12.8MB) for more information.