Wellingtonians are likely to face an increase in their rates bill of about 4%.
In response to community opposition, the city council has rejected earlier plans to cut services, such as shortening library opening hours.
Its draft plan of how $5 billion will be spent over the next decade will be available for public consultation from mid-April. Among the proposals are improvements to bus lane networks, more money for museums and new artificial turf on sports fields.
Wellington Mayor Kerry Prendergast says the council is trying to keep the capital an affordable place to live.