Waikato Regional Council Chair Pamela Storey said: “This is a really positive and impressive step the council is taking. It’s a practical approach that aligns with our business as usual and will benefit the local environment.”
Budget 2024 dedicates an initial $200 million for flood resilience infrastructure (with $101.1 million committed), along with co-investment from regional and unitary councils. This will accelerate six projects in the Waikato region.
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Waikato Regional Council will collect rates revenue of $142.146 million in the first year of the 2024-2034 Long Term Plan to be adopted in June, with a 7.4 per cent increase from current ratepayers in the first year.
A two-year review of Te Huia, the Waikato to Auckland passenger rail service, shows it has delivered or is close to delivering all the targets set by the NZ Transport Agency Waka Kotahi Board (NZTA).