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.
Ensure that the balance sheet is being used in the best way to support intergenerational growth of the town.
Critically examine the contribution policy for all new development and ensure it is fit for purpose in creating adequate infrastructure.
Research other councils' successes in development and find ways of lessening the rates burden of public facilities (renting out spaces etc).
Ensure that the public obtain good value for rates.
Keep debt to an absolute minimum.
Have a relaxed but robust approach to financial management.
Ensure that the balance sheet is being used in the best way to support intergenerational growth of the town.
Critically examine the contribution policy for all new development and ensure it is fit for purpose in creating adequate infrastructure.
Research other councils' successes in development and find ways of lessening the rates burden of public facilities (renting out spaces etc).
Ensure that the public obtain good value for rates.
Keep debt to an absolute minimum.
Have a relaxed but robust approach to financial management.
Compare the mayoral candidates in your area
Compare the candidates for your city or district council
Compare the candidates for your regional council
Compare the candidates for your local or community board