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.
Oppose rates increases – they should not be the norm!
Review current rates spending to ensure that the council is operating at its highest efficiency.
Ensure return on investment in council owned assets is maximised.
Restrict rate increases due to the Hastings District having one of the lowest wages per capita levels in New Zealand.
Create opportunities for central government funding for developments such as housing developments.
Prioritise spending for those critical infrastructure and climate resilience needs.
Oppose rates increases – they should not be the norm!
Review current rates spending to ensure that the council is operating at its highest efficiency.
Ensure return on investment in council owned assets is maximised.
Restrict rate increases due to the Hastings District having one of the lowest wages per capita levels in New Zealand.
Create opportunities for central government funding for developments such as housing developments.
Prioritise spending for those critical infrastructure and climate resilience needs.
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