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.
Smart with money. Spending needs to be made with the lowest possible rates increases in mind.
Assets will not be sold if there is a community need or interest in the asset.
Fees and charges need to be fair and reasonable.
Support improving systems and processes within council.
Retain strategic assets, including the Port of Lyttelton.
Support an approach that explores scope for real productivity gains and improved services that helps ratepayers see value.
Refocus Rates to fund core functions.
Introduce new rate system that reflects services provided not on the value of the property.
Introduce new levy on international visitors at airport/ports.
Smart with money. Spending needs to be made with the lowest possible rates increases in mind.
Assets will not be sold if there is a community need or interest in the asset.
Fees and charges need to be fair and reasonable.
Support improving systems and processes within council.
Retain strategic assets, including the Port of Lyttelton.
Support an approach that explores scope for real productivity gains and improved services that helps ratepayers see value.
Refocus Rates to fund core functions.
Introduce new rate system that reflects services provided not on the value of the property.
Introduce new levy on international visitors at airport/ports.
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