Financial contributions
Introduction | Types of
financial contribution | Interim financial
contributions policy | Payment of financial
contributions
Introduction
Section 108 of the Resource Management Act (RMA) and the Auckland City
District Plan allows Auckland City to collect financial
contributions to avoid, remedy or mitigate the adverse effects of a development.
Both the RMA and the district plan authorise Auckland City to impose a condition
requiring a financial contribution on any resource consent.
While the growth of the city is mostly supported by rates, the district plan
provides a greater range of financial contribution to be collected from
developers by Auckland City. The financial contribution can be taken in the form
of money to contribute towards the cost of upgrading services or land to be
vested, or a combination of both. The form of payment is at the discretion of
Auckland City.
The RMA requires that Auckland City spends funds collected in the form of
financial contributions only on the purposes for which they were collected. This
expenditure must also be accounted for in accordance with the requirements of
the Local Government Act.
The rules and provisions relating to financial contributions are contained in the Auckland
City District Plan:
-
part 4B of the
isthmus section
- part 9 of the Hauraki
Gulf Islands section
- part 8 of the central
area section.
