QTS-118 · Accountability report · 2026
Attachment B: Finance YTD CAPEX Project Report - July 2025 to April 2026
QLDC's year-to-date capital project report to April 2026 shows total capital of $93.78m against a $111.89m year-to-date budget (84%), with a $146.36m full-year adjusted budget and a $125.54m forecast. Transport lines show Arterial Stage 1 at practical completion (September 2025), Stanley Street site works and temporary parking complete in late December 2025 ($1.6m of $2.0m), Whakatipu bus stop improvements under way for June 2026, Gorge Road/Robins Road active travel at $0 of a $300k year-to-date budget with 'Bulk of spend now anticipated 26/27', and the transport model replacement continuing into 2026/27. No mass rapid transit reference.
What the document says
Context and purpose. Attachment B (item 1b) to QLDC's April 2026 finance reporting, listing each capital project's year-to-date position, full-year budget, forecast and commentary (agenda pp.37-38 visible).
Totals. Year-to-date actuals $93,782,582 against a $111,885,428 budget (84%); full-year adjusted budget $146,358,750; forecast $125,542,641 (86%), $20.8m below.
Transport lines. Arterial Stage 1 (CIP): practical completion September 2025, $218k YTD against $62k. Queenstown Street Upgrades: final completion with close-out costs. PT Assets Whakatipu (unsubsidised): $501k YTD of $635k full-year, construction contract awarded January 2026, bus stop improvements from February for completion in June 2026. Stanley Street site works and temporary parking: $1.6m of $2.0m, works completed late December 2025. Network planning ($475k full-year) includes speed and parking management plans, with Jims Way safety design due June. Minor improvements ($1.5m) expects a carry-forward to 2026/27. Gorge Road/Robins Road active travel: $0 against $300k YTD ($844k full-year), award letter issued, construction May-August 2026, 'Bulk of spend now anticipated 26/27'. Transport model replacement: $58k of $500k, ongoing into 2026/27. Renewals: 2025/26 reseal programme complete; Cardrona Valley Road rehabilitation programmed for 2026/27. Transport subtotals: renewals $8.65m YTD (forecast $9.95m); other capital $3.18m YTD (forecast $4.97m, 80%). There is no park-and-ride line.
Mass rapid transit: None.
Key figures
- YTD capital $93,782,582 vs $111,885,428 budget (84%)
- Full-year adjusted budget $146,358,750; forecast $125,542,641
- Gorge Rd/Robins Rd Active Travel $0 vs $300k YTD; full-year $844k
- Stanley St site works and temp parking $1.6m of $2.0m
- PT Assets Whakatipu $501k YTD; full-year $635k; forecast $605k
Files
- Open Main document (PDF, 1.2 MB) Opens in a new tab.
Main document
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Part 2
Public copies
Actions recorded
Complete Whakatipu bus stop improvements (PT Assets Whakatipu)
Not assessed · QLDC · June 2026
completion due June 2026
Construct Gorge Road/Robins Road active travel; bulk of spend now 2026/27
Not assessed · QLDC · May-August 2026
Bulk of spend now anticipated 26/27
Replace the transport model (build, peer review, data collection)
Not assessed · QLDC · Into 2026/27
Ongoing into 26/27
Review districtwide network planning, including speed and parking management plans; Jims Way safety design
Not assessed · QLDC · June 2026
Rehabilitate Cardrona Valley Road ($0.5m metalling ringfenced)
Not assessed · QLDC · 2026/27
construction programmed for 26/27
Carry forward part of the districtwide minor improvements programme
Not assessed · QLDC · 2026/27
Carry-forward to 26/27 expected
Study cost
Not separately commissioned. This is an internal or corporate document.
Citation
Attachment B: Finance YTD CAPEX Project Report - July 2025 to April 2026 (2026).