Infrastructure Auckland, the region's publicly owned funding body, has put aside $52.9 million after making a $60.6 million surplus for the year ended June 30.
The reserved money will be available for future grants.
High revenue of $64.9 million - up 83 per cent on budget - and handing out just $4.9 million in grants contributed to the surplus.
Special dividends of $12.2 million from wholly owned Northern Disposal Systems and $15.9 million from its 80 per cent holding in Ports of Auckland also helped.
Infrastructure has assets totalling $815.2 million, down on the same time last year when they were worth $873.5 million.
It received applications for grants totalling $6.8 million, approving $1.9 million for 13 transport projects and $3 million for 19 stormwater projects.
By June 30, it had 29 expressions of interest for grants totalling $488 million.
The body also has a request for a $40 million contribution to the $65 million deal with Tranz Rail to gain access to Auckland rail corridors for a rapid transit scheme.
During the meeting of Infrastructure directors yesterday when the annual report was adopted, member Gary Taylor spoke out against "nay sayers" who were critical of the deal, now deferred two months until December 8.
Mr Taylor said there was a consensus in the region supporting the deal.
In adopting the report, directors noted that the sharemarket value of Ports of Auckland was $424 million at June 30, a drop of $137.8 million since 1998. But the company had provided the region with $56 million in special dividends.
Infrastructure Auckland sits on $52.9m
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