Financial information
Our work programmes
Over the next ten years Greater Wellington plans to spend approximately $750 million on capital expenditure and transport investments. Over that same period we will have operating expenditure of over $2.0 billion. This graph shows the total cost of delivering Greater Wellington’s services broken down by our groups of activities. The most significant area of our expenditure relates to transport, at 61% of the total.
Where our revenue comes from
The cost of our work programmes will be funded by a mix of rates, levies, government subsidies and other revenue. Regional rates, comprising general rates and targeted rates, make up 33% of Greater Wellington’s total revenue. Government subsidies (primarily for funding public transport) make up a further 42% and the water supply levy (charged to Wellington, Porirua, Hutt and Upper Hutt city councils) makes up 12%. The remaining 13% of revenue is from other external sources.