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Annual Plan FY2020/21 
Budget Update
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
1


Purpose of today
• Where we have come from
• Updated assumptions
• Possible further changes
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
2


Council decisions
Average rates increase as per planned expenditure in LTP  6.3%
Council decisions in FY2018/19
• Accommodation (Cuba Street and Masterton)
2.0%
• Additional EV buses (1.4% pa )
0.7%
• Snapper charges
1.1%
10.1%
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
3


Budget pressures 2020/21
Average rates increase with decisions made to date
10.1%
• Public Transport Operational costs
5% - 7%
• Natural Resource Plan
0.4%
• Riverlink
0.4%
• Lets Get Wellington Moving (LGWM)
1%-2%
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
4


Where that leaves us
Current projected rates increase in FY2020/21 
11.1%
Public transport costs
7.0%
Reduction in reserves usage
2.7%
Accommodation
2.0%
Debt servicing costs
0.8%
Wages movements
0.8%
Natural resource plan
0.4%
Riverlink
0.4%
LGWM
0.4%
BAU savings
(3.4%)
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
5


Updated assumptions – FY2020/21
Current forecast increase
11.1%
Changes to budget assumptions
1.3%
Bus network review – costs lower than allowed
Project NEXT – transfer to NZTA
Further rephased capital
Other savings
Updated forecast increase
9.8%
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
6


Key scenarios from here
Increase revenue
e.g. PT fares, user charges, NLTF FAR rate
Rephase key programmes/decisions
e.g. speed of EV bus fleet, Riverlink
Stop/reduce activities or levels of service
e.g. bus schedules, travel choice activities, 
environmental science
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
7


Increase revenue
Increase public transport fare revenue by 
2% above inflation
0.3%
No other significant user charges that would move rates requirement significantly
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
8


Rephase
Delay RS1 implementation
0.9%
Delay EV bus implementation
0.7%
Delay BNR implementation
0.4%
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
9


Stop/Reduce
Reduce levels of service in Environment Science
0.4%
Reduce levels of service in Sustainable Transport
0.4%
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
10


Order of priority/further savings
1. Increase fare revenue by 2% above inflation
0.3%
2. Delay RS1 implementation
0.9%
3. Delay EV bus implementation
0.7%
4. Delay BNR implementation
0.4%
5. Reduce levels of service in Environment Science
0.4%
6. Reduce levels of service in Sustainable Transport
0.4%
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
11


Emerging issue
Funding for Wairarapa Water
Greater Wellington Regional Council – Te Pane Matua Taiao
Presentation Title
24/06/2020
12