Finance

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Finance 17 Nov 2020

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.

Finance 13 Nov 2020

Auckland Council's approach to interest rate hedging

Auckland Council's approach to interest rate hedging explained.

Mayor 12 Nov 2020

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.

Finance 2 Nov 2020

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...

Finance 30 Oct 2020

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.

Finance 18 Sep 2020

Council achieves $69 million in savings

Auckland Council recorded overall savings of $69 million up to the end of August and, despite the effects of COVID-19, has retained a record $2.6 billion capital investment programme.

Have your say 14 Aug 2020

Record numbers respond to Emergency Budget consultation

Aucklanders across the region are responding in record numbers to Auckland’s Emergency Budget 2020/2021.

Mayor 10 Aug 2020

Auckland Council adopts Emergency Budget

Funding to retain key council services and deliver a $2.57 billion infrastructure programme is at the heart of Auckland Council’s Emergency Budget, formally adopted by the Governing Body.