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.
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.
Short term, borrow as required to assure community and environmental wellbeing and sustainability, ie do no harm, spend the fake tokens!
Start a new, wide-ranging and open discussion on the purpose and ongoing viability of a money based operating system. Is this working?
Discuss and examine the potential opportunities presented by abandoning money entirely and adopting a money-free, resource-based economy.
Maintain prudent debt ceiling to ensure affordability is always a key consideration.
Seek opportunities to share services with neighbouring councils to reduce costs and increase benefits for all ratepayers.
Progress with a rates review to ensure the policy is fit for purpose, understandable and cognisant of the community it serves.
Short term, borrow as required to assure community and environmental wellbeing and sustainability, ie do no harm, spend the fake tokens!
Start a new, wide-ranging and open discussion on the purpose and ongoing viability of a money based operating system. Is this working?
Discuss and examine the potential opportunities presented by abandoning money entirely and adopting a money-free, resource-based economy.
Maintain prudent debt ceiling to ensure affordability is always a key consideration.
Seek opportunities to share services with neighbouring councils to reduce costs and increase benefits for all ratepayers.
Progress with a rates review to ensure the policy is fit for purpose, understandable and cognisant of the community it serves.
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