Auckland Residents Face 7.9% Rate Increase for 2023 Budget to Fund City Rail Link Operations.
AI Summary1 min read
TL;DR
Auckland households face a 7.9% rates increase in the 2023 draft budget to fund the $235 million annual cost of operating the City Rail Link, raising average annual rates from $4023 to $4341.
Tags
Auckland ratesCity Rail Linkbudget 2023rate increasepublic transport funding
Auckland households face a 7.9% rates increase in the draft budget for consultation. The rise is primarily to fund the $235 million annual bill to operate the $5.5 billion City Rail Link, which opens next year. For the average household, rates will increase from $4023 to $4341, a weekly total of $83. The rate increase is in line with the council's long-term plan.
