QTS-112 · Accountability report · 2026
Finance Management Report, January 2026 (Attachment A)
No separate January 2026 capex projects report (Attachment B) was located. The January 2026 Finance Management Report (Attachment A) reports year-to-date capital of $60.0m, 89% of budget, and a full-year forecast of $136.0m, 93% of budget. Transport commentary records a forecast $2.1m underspend on Arterial Stage One (offsetting a $1.9m 2024/25 overspend), $0.5m of road metalling budget ringfenced to carry forward to 2026/27 for rehabilitation, and an expected $0.6m carry-forward for unsubsidised Whakatipu minor improvements. No mass rapid transit or mass transit reference.
What the document says
Context and purpose. The master list records a QLDC capital expenditure projects report for January 2026. A dedicated Attachment B capex projects report for that month was not found; the closest published document is the January 2026 Finance Management Report (Attachment A, item 4a, labelled for the Smart Finance Committee in its file name), which contains the capital expenditure commentary recorded here.
Totals. Year-to-date capital spend $60.0m, 89% of the year-to-date budget; full-year forecast $136.0m, 93% of the full-year budget. The renewals budget is $31.1m (forecast $3.0m below) and the new capital budget $115.3m (forecast $7.3m below).
Transport. 'Transport $0.5M of road metalling budget to be ringfenced for carry forward to 2026/27 for rehab construction'; 'Transport ($3.0M) - Forecast underspend of $2.1M for Arterial Stage One', described as offsetting a 2024/25 overspend of $1.9m; and 'Carry forward of $0.6M expected for Minor Improvements unsub Whakatipu for construction 26/27'. No lines are shown for active travel, public transport assets, Stanley Street, parking or the transport model.
Mass rapid transit: None.
Key figures
- YTD capital $60.0m, 89% of YTD budget
- Full-year forecast $136.0m, 93% of budget
- Arterial Stage One forecast underspend $2.1m
- Road metalling $0.5m ringfenced for 2026/27
Files
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Main document
Public copies
Actions recorded
Ringfence $0.5m of road metalling budget to carry forward for rehabilitation construction
Not assessed · QLDC · 2026/27
$0.5M of road metalling budget to be ringfenced for carry forward
Carry forward $0.6m for unsubsidised Whakatipu minor improvements construction
Not assessed · QLDC · 2026/27
Carry forward of $0.6M expected for Minor Improvements unsub Whakatipu
Arterial Stage One forecast underspend of $2.1m, offsetting the 2024/25 overspend
Not assessed · QLDC · 2025/26
Forecast underspend of $2.1M for Arterial Stage One
Study cost
Not separately commissioned. This is an internal or corporate document.
Citation
Finance Management Report, January 2026 (Attachment A) (2026).