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.
Support active and constructive engagement with central government over Three Waters to get the best deal for ratepayers.
For total transparency the cost of the stadium needs to be a separate budget line in future rates rises.
No asset sales of revenue generating income streams.
Keep rates below inflation.
Propose a system to scrutinise any major financial decision by all committee chairs.
Work with other councillors to make sure that the rate should not be increased more than the average salary of the Christchurch public.
Find external investors or sell shares to achieve major capital funding.
Support active and constructive engagement with central government over Three Waters to get the best deal for ratepayers.
For total transparency the cost of the stadium needs to be a separate budget line in future rates rises.
No asset sales of revenue generating income streams.
Keep rates below inflation.
Propose a system to scrutinise any major financial decision by all committee chairs.
Work with other councillors to make sure that the rate should not be increased more than the average salary of the Christchurch public.
Find external investors or sell shares to achieve major capital funding.
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