The Trust proposed the following funding for the new stadium, with DCC paying the highest amount – $85 million. DCC decided to add a further $6 million (the budget for on-going maintenance), taking its total contribution to $91 million.
|Who pays||Expected cost|
|Dunedin City Council (DCC)||$85 million|
|Otago Regional Council (ORC)||$37 million|
|University of Otago||$10 million|
|Community Trust of Otago||$10 million|
|Other sources (membership, naming rights, founders' club and so on)||$43 million|
|Sale of Carisbrook Stadium||$3 million|
|STADIUM DEVELOPMENT COST||$188 million|
|Dunedin City Council (DCC) – to fund major maintenance for 50 years||$6 million|
|TOTAL FUNDING||$194 million|
Note: In April 2009, the New Zealand Government added a contribution of $15 million.