Instead of gouging new developers we need to encourage and support new development and new employers.
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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.
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Instead of gouging new developers we need to encourage and support new development and new employers.
Commit to reducing council wastage thus reducing costs. And better utilisation of services to reduce fees and charges.
Prioritise reduction of council debt thus reducing overall rating costs.
Keep costs to households and businesses to a minimum.
User pays should be used whenever it is appropriate and rates should be the option when the wider community will benefit.
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