Anyone hoping Auckland was about to get a new waterfront stadium is out of luck.
No money has been put aside in the Council's 10-year budget.
Despite being called the Build It Budget by Auckland Mayor Phil Goff, under the latest proposal there's not a cent for a new stadium. But there is a $26 billion spend up.
- Andrew Gourdie: Why an Auckland waterfront stadium must be built now
- Sir Graham Henry strongly endorses new Auckland waterfront stadium
- Patrick Gower: Don’t whinge, just build an Auckland stadium
Just under half of it will be spent on trying to get people moving - finishing off the City Rail Link and new bus and ferry terminals.
Almost half a billion - $425 million - will be spent cleaning up waterways and beaches, while $311 million will be spent on fighting Kauri dieback and controlling pests and diseases. Both will be paid for by targeted rates.
There's also $40 million for a climate change response fund for extreme weather events.
To pay for all of this, there will be a 2.5 percent rates rise over the next two years, and 3.5 percent thereafter.
On top of that is the regional fuel tax which kicks in on July 1.
Newshub.
