Wellington City Council has an AA credit rating – the same as the New Zealand Government. We have far less debt when compared to income than most local authorities. All up, our debt levels are currently less than 100 percent of our annual income; that’s the equivalent of a household earning $50,000 a year and having a mortgage of less than $50,000.

Our strong financial position means we can afford to invest in projects that will support economic growth. In the short term, this will require modest increases in debt and rates.

View our draft financial statements (1.5MB PDF) for more details.

See how your rates make Wellington great.

Our income

Our expenses

Forecast yearly rates increases

Debt to income ratio

Rates per household 2015/16

Cost per resident per day