Long-term Plan 2024-34 amendment and Annual Plan 2025/26

Formal consultation on the Long-term Plan 2024-34 (LTP) amendment and Annual Plan 2025/26 is now open until midnight, 21 April 2025.

Follow the link below to learn more and make a submission.

Info from the WCC Website:

Our LTP outlines to our communities how we intend to use rates, borrowing, and other funding to improve and maintain Pōneke for the next 10 years. Each year, the Council also produces an Annual Plan which sets rates, fees, and charges for the upcoming year, as per the direction set in the LTP.

Wellington City Council’s vision for Pōneke is a creative capital where people and nature thrive. To achieve our vision we need to balance our priorities. This means managing our finances so we can invest for both current and future Wellingtonians. The Council faces major financial risks due to under-insurance and a lack of diversified investment.

The 2024-34 LTP proposed to manage these risks through the establishment of a new, large investment fund, created through the sale of our minority shareholding in Wellington International Airport Ltd.

On 10 October 2024, Councillors approved a Notice of Motion to begin a process to remove the sale of the airport shares from the plan. This significant change means we need to amend the adopted LTP.

The amendment focuses on options to address our two financial risks. We are not reviewing or changing the entire 2024-34 LTP.

We are also seeking community feedback on several other smaller changes as part of our Annual Plan update.