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Land Transport Funding in New Zealand

Land Transport Funding in New Zealand. Barry Kidd Acting General Manager of Road and Rail. Overview. National Land Transport Fund What makes it up? What the fund is spent on? Other funding options Central government Local government. The National Land Transport Fund.

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Land Transport Funding in New Zealand

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  1. Land Transport Funding in New Zealand Barry Kidd Acting General Manager of Road and Rail

  2. Overview • National Land Transport Fund • What makes it up? • What the fund is spent on? • Other funding options • Central government • Local government

  3. The National Land Transport Fund Fuel excise duty, which includes tax on petrol FED Road user charges, paid by diesel vehicles RUC NLTF Motor vehicle licensing and registration fees MVR • Interest • Sale of Land Other

  4. Relative size of each revenue source

  5. Value of the NLTF

  6. Where does the money from the NLTF go? Road Policing FED RUC MVR Other NLTF LT Investment Admin

  7. What is the NLTF spent on?

  8. A basic Land Transport funding diagram

  9. Land Transport Funding Options • NLTF • Tolling • Crown Funding

  10. Local Government Funding Options • Rates • Developer Charges • Borrowing • Tax Increment Financing

  11. Conclusion • Funding the priorities • Getting greater value from the spend • Recognising different perspectives

  12. Questions?

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