However there is no mandate for taxpayers, rather than ratepayers, to be the major source of funds.
The Herald reports here on the likely costs of the three rail projects:
- Central City Tunnel – $1.5b
- Rail to Airport – $1.45b
- Rail to Albany – $1.8b
That is a total of $4.75b and there are around 1 million adults in Auckland. So just send each resident a bill for $4,750.