Auckland Council Emergency Budget
Auckland Council agreed to adopt the Consultation Document for its Emergency Budget 2020/2021, with public feedback open from mid-day 29 May until 19 June 2020.
The Emergency Budget responds to the impact of the COVID-19 crisis on Auckland Council’s finances. It estimates a huge drop in revenue in the coming financial year, with operating cash income across the council group projected to be around $525 million less than previously budgeted.
This fall in revenue results from reduced dividends; a sharp fall in revenue from venues, pools, and facilities, public transport fares and parking; and reduced income from development contributions and council regulatory fees.