NLTP - National Land Transport Programme

2007/08 National Land Transport Programme

Allocation of funding sources for 2007/08

Two stages were used when allocating funds to activities:

• ‘N’ funds were allocated first on the basis of a national priority order within each activity class.
• ‘R’ funds were allocated to proposed activities that were not judged to be of sufficient national priority to be funded from ‘N’.

Crown funds (‘C’) have been allocated to projects or left unallocated where programmes are not fully developed.

Factors considered by Land Transport NZ when programming activities and allocating N and R funds include the:

• priority order of proposals established by Land Transport NZ
• affordability of proposals over the 10-year period, considering both N and R distributed funds
• relationship between activities and packages
• stages that proposals have reached in terms of investigation, design and construction, and the factors that might delay (or speed up) implementation
• expected reliability of cost estimates
• priorities for the use of R funds stated by representatives of approved organisations in each region
• impact of the transport funding announcements in Budget 2007 on the NLTP
• acceleration of expenditure of R funds towards the rate of revenue generation
• balance of funds available in each year.

Because many projects listed in the NLTP have not been fully developed, they have been listed as category 2 projects and have not been given funding approval. They have been shown with indicative funding sources based on the information available. Because they are in the early stages of development, their scope, impacts, costs or benefits may change before a funding application is made. This may mean that the indicative funding source may change when funding is approved. Category 2 projects near the funding threshold have been shown with an indicative funding source of N or R reflecting the uncertainty that arises due to the incomplete information available.

Page created: 26 June 2007