Auckland Council
Rates and revenue
The work of local government is funded mainly by property taxes in the local area, known as rates. This makes up around 60% of council expenditure, with the rest coming from user charges, investment income, regulatory fees and roading subsidies. Councils can also borrow money to spread the cost of large investments such as infrastructure over a longer period of time.
Rates and revenue
The work of local government is funded mainly by property taxes in the local area, known as rates. This makes up around 60% of council expenditure, with the rest coming from user charges, investment income, regulatory fees and roading subsidies. Councils can also borrow money to spread the cost of large investments such as infrastructure over a longer period of time.
Champion a new customer service approach that better values residents' and local businesses' needs.
Implement an organisation-wide plan to increase revenue from the parts of Auckland Council that have a commercial component.
Implement a finance policy that does not fix the interest rates for ten years on most of Auckland Council's debt, as done currently.
Share the national picture in relation to rates and revenue, ie how Auckland compares to others parts of NZ.
Support measures like offset banks which pool developer mitigation requirements to fund environmental projects.
Consider affordability in setting rates and council fees and charges.
Hold rates increase below inflation unless specific needs apply (see below).
Review the proposed special Environmental Levy increase to ensure it makes sense – avoid duplicate with central government.
Drive Auckland Port to achieve world best efficiency and financial results. Review the Auckland Airport holding (depending on share price).
Support responsible management of Auckland council's budget.
Ensure that Auckland's rates remain affordable for all residents, compared to other parts of New Zealand.
Diversification of council funding beyond rates, while maintaining integral public services remain or affordable for all.
Champion a new customer service approach that better values residents' and local businesses' needs.
Implement an organisation-wide plan to increase revenue from the parts of Auckland Council that have a commercial component.
Implement a finance policy that does not fix the interest rates for ten years on most of Auckland Council's debt, as done currently.
Share the national picture in relation to rates and revenue, ie how Auckland compares to others parts of NZ.
Support measures like offset banks which pool developer mitigation requirements to fund environmental projects.
Consider affordability in setting rates and council fees and charges.
Hold rates increase below inflation unless specific needs apply (see below).
Review the proposed special Environmental Levy increase to ensure it makes sense – avoid duplicate with central government.
Drive Auckland Port to achieve world best efficiency and financial results. Review the Auckland Airport holding (depending on share price).
Support responsible management of Auckland council's budget.
Ensure that Auckland's rates remain affordable for all residents, compared to other parts of New Zealand.
Diversification of council funding beyond rates, while maintaining integral public services remain or affordable for all.
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