Finance
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Auckland Council savings hit $95 million
Auckland Council delivered savings of $8 million in November, bringing the total saved so far to $95 million or 79 per cent of the 2020/2021 target of $120 million.
Recovery Budget proposal focused on COVID rebuild
Mayor Phil Goff today released the Mayoral Proposal for Auckland Council’s 10-year Budget.
$2 billion value of savings over 10 years
Finance and Performance Chair, Councillor Desley Simpson, reflects on how finances have fared since amalgamation and highlights some significant achievements.
Council increases savings by $9 million in October
Auckland Council records another $9 million of savings, bringing the total for the Emergency Budget to $87 million.
Auckland Council's approach to interest rate hedging
Auckland Council's approach to interest rate hedging explained.
Auckland Council grapples with billion-dollar revenue challenge from COVID-19
The $450 million hole that COVID-19 has punched in Auckland Council’s finances this year could grow by a further $540 million by 2024, according to a new forecast.
Auckland Council Group publishes its 2019/2020 annual report
Auckland Council Group has published its annual report for 2019/2020. The second year of the 10-year Budget 2018-2028, the group invested a record $2.6 billion in the city’s assets including $1.1 billion in transport infrastructure and $748 milli...
Performance on track with Emergency Budget
Good progress has been made to meet the council’s savings target, made necessary due to the huge impact of COVID-19 - $75 million saving up to 30 September 2020 - 65 per cent of the 30 June 20221 target of $120 million.
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