Targeted rate spending well behind total collected

At the halfway mark of the Rodney Targeted Rate, the Rodney Local Board has spent 25 per cent, or just over $11 million, of the projected funds to be collected.

Since July 2018, Rodney households have been paying an extra $150 annually for the rate. At the end of the current financial year next month, the rate should have raised close to $18,478,800.

So far, the bulk of funds have gone on bus services, followed by transport hubs, then footpaths and bus stops (see table below).

The rate is being spent proportionally, based on the revenue raised in each of the Board’s four subdivisions – Wellsford, Warkworth, Kumeu and Dairy Flat. So far, Wellsford has received 17% of its share, Warkworth 21%, Kumeu 29% and Dairy Flat 32%.

Kumeu has taken the lion’s share of spending on bus services ($4,483,297), compared to Dairy Flat $635,887, and Warkworth and Wellsford $642,837 each.

The main expenditure for Warkworth has been the community transport hub, just north of Kowhai Park, which is costing $2,266,088. Warkworth has also got the bulk of footpath expenditure ($1,054,909) compared to Dairy Flat ($593,107), Kumeu ($161,223) and Wellsford ($125,448).

The rate has been struck for 10 years and will raise an estimated $46.1 million.

Bus patronage was not contained in the update presented to the Board on April 20.