Cost of renewing, upgrading or building things we own

Capital expenditure (CAPEX) - whakapaunga Rawa

Capital expenditure is used to renew or upgrade existing assets or to build new assets to provide a higher level of servie or account for growth. Our assets include buildings, roads and footpaths, water, stormwater and wastewater pipes, libraries, swimming pools, and sports fields.

The graphic illustrates the proportion of planned capital expenditure in each of our activity areas. The biggest area of capital expenditure is environment, which includes the three waters, at 25 percent of the total capex of $228 million; transport, urban development, social and recreation and Council organisational projects follow at 23, 18, 14 and 11 percent respectively; arts and culture, economic development and governance follow each with under 10 percent of total capital expenditure.

Capital expenditure (CAPEX) - whakapaunga Rawa

Capital expenditure is used to renew or upgrade existing assets or to build new assets to provide a higher level of servie or account for growth. Our assets include buildings, roads and footpaths, water, stormwater and wastewater pipes, libraries, swimming pools, and sports fields.

The graphic illustrates the proportion of planned capital expenditure in each of our activity areas. The biggest area of capital expenditure is environment, which includes the three waters, at 25 percent of the total capex of $228 million; transport, urban development, social and recreation and Council organisational projects follow at 23, 18, 14 and 11 percent respectively; arts and culture, economic development and governance follow each with under 10 percent of total capital expenditure.