National Party claims Wellington\u2019s $7.4 billion transport plan is on life support after Treasury documents warned there might not be enough money in the pot to fully pay for it. <\/p>\n
But the Transport Minister says he has been upfront about the plan also needing money from the Government outside of the National Land Transport Fund (NLTF).<\/p>\n
Treasury\u2019s Half-Year Economic and Fiscal Update,\u00a0which was released earlier this month, said it was initially expected Let\u2019s Get Wellington Moving (LGWM) could be paid for from the fund but costs have since increased, the document said.<\/p>\n
\u201cAs the NLTF is currently under significant pressure, it is possible that the Government will be asked to contribute funding to LGWM. The ability to deliver LGWM in full also relies on local government providing its own share.\u201d<\/p>\n
The Government announced its\u00a0preferred option for LGWM in June. It includes removing private vehicles from the Golden Mile, a second Mt Victoria tunnel, and light rail to the city\u2019s southern suburbs.<\/p>\n","protected":false},"excerpt":{"rendered":"
National Party claims Wellington\u2019s $7.4 billion transport plan is on life support after Treasury documents warned there might not be enough money in the pot to<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-989","post","type-post","status-publish","format-standard","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t