Mayor of Christchurch
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.
We need a long term plan to reduce council debt to help us cope with natural and man-made events.
We need to have regular monitor of council insurance.
We need a long term plan – graph over 30 years where we would like rates to be.
With interest rates on the rise and inflation increasing, go over the books line by line to see where we can save money.
Grow the value of our city's assets.
Keep rate increases below the rate of inflation over the next three years.
Three-year rates freeze. Triage and prioritise spending.
The user pays on the stadium build. Corporate sponsors and users to bear the brunt of the stadium costings, and event attenders.
Urgent internal review of spending and council fiscal wastage.
Maximize the use of council assets to bring down the proportion of revenue that is rates.
Expand council-owned businesses with explicit aim of generating revenue for the city.
Grow the assets of the city to optimise the benefits to the ratepayers, providing alternative income streams other than rates.
Make rates fair – council needs to demonstrate value for money. We cannot continue to transfer costs onto the next generation.
Fixing our roads and footpaths – but we also need warm homes, safe streets, and climate ready communities. They are all priorities.
We need a long term plan to reduce council debt to help us cope with natural and man-made events.
We need to have regular monitor of council insurance.
We need a long term plan – graph over 30 years where we would like rates to be.
With interest rates on the rise and inflation increasing, go over the books line by line to see where we can save money.
Grow the value of our city's assets.
Keep rate increases below the rate of inflation over the next three years.
Three-year rates freeze. Triage and prioritise spending.
The user pays on the stadium build. Corporate sponsors and users to bear the brunt of the stadium costings, and event attenders.
Urgent internal review of spending and council fiscal wastage.
Maximize the use of council assets to bring down the proportion of revenue that is rates.
Expand council-owned businesses with explicit aim of generating revenue for the city.
Grow the assets of the city to optimise the benefits to the ratepayers, providing alternative income streams other than rates.
Make rates fair – council needs to demonstrate value for money. We cannot continue to transfer costs onto the next generation.
Fixing our roads and footpaths – but we also need warm homes, safe streets, and climate ready communities. They are all priorities.
Mayor
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