Money has been allocated for a business case for another Waitemata Harbour traffic crossing for Auckland, within a $13.9 billion national land transport budget for the next three years.
The NZ Transport Agency has earmarked about $15 million for the business case, with a reserve allocation of around $10 million for property purchases should it decide to build a tunnelled crossing in eight to 13 years for $4 billion to $6 billion.
Those amounts are within an overall Auckland budget of $4.2 billion, excluding new rail projects, which the agency announced yesterday.
The agency is contributing $3 billion from fuel taxes and vehicle licence fees, leaving Auckland Council to pay the remaining $1.2 billion and about $1 billion for projects not covered by the programme - notably the $2.5 billion City Rail Link.