Savings target hit

Auckland Council’s revenue, expenditure and value committee has achieved a $5 million savings target it set for the 2023/2024 financial year.

The target was achieved from a review of revenue, capital, and operating budgets, staff told the committee on August 22.

Chair Maurice Williamson noted the achievement – a target allocated to the committee to help reduce the overall $325 million gap between council’s revenue and operating expenses – but said “the work doesn’t end here”.

“This is just the beginning – we will continue to work with council staff to investigate further savings.”