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

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Presentation transcript:

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 o Central government o Local government

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

Relative size of each revenue source

Value of the NLTF

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

What is the NLTF spent on?

A basic Land Transport funding diagram

Land Transport Funding Options NLTF Tolling Crown Funding

Local Government Funding Options Rates Developer Charges Borrowing Tax Increment Financing

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

Questions?