How much is the City Rail Link costing Auckland ratepayers?
By Mark Pervan, Director, City Builders Association Limited · Published 2026-10-26
Auckland Council says owning and running the City Rail Link will cost it about $235 million a year: interest, depreciation and extra train services. Council says these costs are the main reason for the 7.9% rates increase for the average-value home in 2026/27. The $5.493 billion project is jointly funded by the Crown and Auckland Council.
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 makes up the $235 million?
Council's breakdown: $167 million interest on borrowing, $42 million depreciation and $26 million for Auckland Transport to run extra train services and stations. Council will receive passenger fare income to help pay running costs. (Auckland Council (AK Have Your Say))
How does this show up in rates?
Council says the $235 million is the main reason for the increase in general rates; its consultation material proposed an average general rates increase of 9.53% for existing ratepayers. (Auckland Council (AK Have Your Say)) The adopted Annual Plan 2026/2027 confirmed a 7.9% increase for the average-value residential property. (Auckland Council (OurAuckland)) See Auckland rates explained.
What did the project cost to build?
The project cost $5.493 billion and is funded jointly by the Crown and Auckland Council. (City Rail Link Ltd) Council's annual plan material says council will pay $2.75 billion towards the total of about $5.5 billion. (Auckland Council (AK Have Your Say)) For context on council borrowing, see What is the sustainable level of debt for Auckland Council?.
Frequently asked questions
When did the CRL open?
See When did the City Rail Link open and what did it cost?.
Is the $235 million a one-off?
No. Council describes it as the yearly cost to own and run the CRL. (Auckland Council (AK Have Your Say))
General information, not planning, legal or financial advice. Spot an error? Email info@citybuildersassociation.org (corrections policy).
Sources
- City Rail Link (CRL) – Annual Plan 2026/2027Auckland Council (AK Have Your Say) · accessed 2026-10-26T03:00:00.000Zhttps://akhaveyoursay.aucklandcouncil.govt.nz/annual-plan-2026-2027/city-rail-link-crl
- Changes to rates, fees and charges – Annual Plan 2026/2027Auckland Council (AK Have Your Say) · accessed 2026-10-26T03:00:00.000Zhttps://akhaveyoursay.aucklandcouncil.govt.nz/annual-plan-2026-2027/changes-rates-fees-charges
- Annual Plan: what's happening with rates? (last updated 9 July 2026)Auckland Council (OurAuckland) · accessed 2026-10-26T03:00:00.000Zhttps://ourauckland.aucklandcouncil.govt.nz/news/2026/03/annual-plan/
- Project OverviewCity Rail Link Ltd · accessed 2026-10-26T03:00:00.000Zhttps://www.cityraillink.co.nz/city-rail-link-project-overview
General information, not legal advice. Spot an error? How do corrections work?