How much debt does Auckland Council have?

Has this been lodged?

Not lodged. This question will be marked lodged only when this page shows the date, the recipient and the reference.

What do the 2025/26 results show?

Council's results for the year to 30 June 2026: net debt $15.5 billion, equal to 17.9% of total assets of $86.5 billion (up from $79.7 billion). The group borrowed an additional $1.0 billion during the year, and net debt included around $400 million of foreign-exchange valuation adjustment on foreign-currency debt. (Auckland Council via NZX) The audited Annual Report 2025/2026 was published on 30 September 2026. (Auckland Council via NZX)

Why does council borrow?

Council says it borrows to spread the cost of long-lived investments across the generations who benefit from them. (Auckland Council via NZX)

Is this level sustainable?

See What is the sustainable level of debt for Auckland Council?. For how borrowing costs feed into rates, see Auckland rates explained.

Frequently asked questions

Does the debt include City Rail Link costs?

Council's CRL running cost includes $167 million a year of interest on borrowing (Auckland Council (AK Have Your Say)); see How much is the City Rail Link costing Auckland ratepayers?.

Where is the full annual report?

On the Auckland Council website; the release is at Auckland Council via NZX.

General information, not planning, legal or financial advice. Spot an error? Email info@citybuildersassociation.org (corrections policy).