Funding
The NZTA is responsible for allocating funding to land transport through the National Land Transport Programme. All land transport activities that are expected to receive funding from us are contained in the National Land Transport Programme, such as public transport services, walking and cycling, and road construction and maintenance.
The activities in the National Land Transport Programme are submitted through regional land transport programmes approved by regional councils and contributed to by territorial local authorities.
When we prepare the National Land Transport Programme, we must make sure that it contributes to the purpose of the Land Transport Management Act, the five NZ Transport Strategy objectives, and also gives effect to the Government Policy Statement. We must also take into account relevant regional land transport strategies, the National Energy Efficiency and Conservation Strategy and relevant national policy statements and regional policy statements or plans made under the Resource Management Act.
The National Land Transport Programme also lists NZ Police activities, mostly used for enforcing road safety laws, which are recommended by us and approved for funding by the Minister of Transport.
With the integration of Land Transport NZ and Transit NZ there is a requirement that the NZTA must not favour its own activities over those of key stakeholders. Specific provisions have been made in the Land Transport Management Act to ensure that revenue and expenditure are accounted for in a transparent way and that funds are used to achieve overall best value for money. These provisions are attached as Appendix 5.
Figure 1 illustrates the sources of funding and allocation to land transport activities for 2008/09.
Figure 1 Land transport funding 2008/09 (GST exclusive)
Share with your friends: |