Far North District Council
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.
Implement development contributions, reduce unnecessary waste and expenditure, and establish other funding sources like the Innovation Park.
Complete the Long Term Asset Funding project to establish rating for assets that matches community affordability and wellbeing aspirations.
Reduce council debt, hold rates, fees and charges to current inflation or below, and enhance operational efficiency.
Implement development contributions, reduce unnecessary waste and expenditure, and establish other funding sources like the Innovation Park.
Complete the Long Term Asset Funding project to establish rating for assets that matches community affordability and wellbeing aspirations.
Reduce council debt, hold rates, fees and charges to current inflation or below, and enhance operational efficiency.
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