- The Greater Wellington Regional Council (GWRC) has finalised its Long Term Plan including key decisions on rates funding
- Regional council final decisions on Transport Rates and rates funding for flood protection mean a multi-million dollar increase in their rates demand for Wellington City … Wellington City residents are worst hit
- The GWRC will now increase the average Wellington City Household rates bill by over $200/year … and no-one noticed!
Wellington Commuter Posts
- The GWRC is changing how the Transport Rates that fund the regions PT service is allocated to ratepayers. They claim that this change means “Hutt Valley, South Wairarapa and Porirua pay a bit less toward public transport than they do now, while residents in Wellington city, Kāpiti and Masterton pay a bit more”.
The Greater Wellington Regional Council (GWRC) claims Wellington public transport commuters needs a fare increase to fund cost increases. So what happened to the many millions in cost savings they previously announced when they awarded the rail service to TransDev and most of the bus services to Transit ?… Read more ...
- In the Farebox Recovery Calculations, Rail Operating Costs have increased by $17.9M.
- However, only $8.4M of rail costs were funded as Direct Operating Costs in 2017/18
- Over half the $17.9M rail operating cost increase is from an additional rail cost item.
- The new fares will lead to a net loss of $3.0M in Bus Fare Revenue and $2.7M in Rail Fare Revenue.
- Bus fare revenue is paying a much higher percentage of bus operating costs than rail fare revenue is for rail costs This means that for every $1.00 a Wellington bus user pays in fares, 9 cents will be going towards the cost of rail services.
- In 2016 the GWRC announced it expects a multi-million dollar PT cost saving from its new passenger rail PTOM contract with TransDev.
- In 2017 the GWRC announced it also expects multi-million dollar PT cost savings from its new bus PTOM contracts.