Greater Wellington Regional 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.
Investigate alternative sources of council income, eg value capture and volumetric charging.
Promote consistent rates remission policy across the territorial authorities in the region.
Investigate using land value instead of capital value as a rating system – may lead to more efficient land use.
Balance affordability. Costs are increasing. The challenge is in balancing the necessary strategic investment but maintaining affordability.
Invest wisely. Ensure the smart use of debt to invest in sensible intergenerational assets that will deliver value well into the future.
Deliver value. Our community deserves quality services, roading, transport, amenities and infrastructure. We must deliver value for money.
Enforce city councils to give evaluation on regional infrastructure impact when approving development.
Investigate alternative sources of council income, eg value capture and volumetric charging.
Promote consistent rates remission policy across the territorial authorities in the region.
Investigate using land value instead of capital value as a rating system – may lead to more efficient land use.
Balance affordability. Costs are increasing. The challenge is in balancing the necessary strategic investment but maintaining affordability.
Invest wisely. Ensure the smart use of debt to invest in sensible intergenerational assets that will deliver value well into the future.
Deliver value. Our community deserves quality services, roading, transport, amenities and infrastructure. We must deliver value for money.
Enforce city councils to give evaluation on regional infrastructure impact when approving development.
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