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 ability to pay is a strong consideration in all rates-setting decisions.
Reduce rates through efficiency, eg not starting work programs already done by others or that sit outside Regional Council's remit.
Use a broader range of rating options.
Ensure ability to pay is a strong consideration in all rates-setting decisions.
Reduce rates through efficiency, eg not starting work programs already done by others or that sit outside Regional Council's remit.
Use a broader range of rating options.
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