Hauraki 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.
Keep rates at the forefront of every decision. Asking the question 'and who pays?' to be part of all expenditure.
Make decisions on debt very conservatively, especially considering the slow growth of the region and the average rate payer incomes.
Keep income-producing assets in the councils control.
Ensure a balance between new/maintaining infrastructure while ensuring affordable rates.
Ensure council operates within its budget to keep rates rises to a minimum.
Keep rates at the forefront of every decision. Asking the question 'and who pays?' to be part of all expenditure.
Make decisions on debt very conservatively, especially considering the slow growth of the region and the average rate payer incomes.
Keep income-producing assets in the councils control.
Ensure a balance between new/maintaining infrastructure while ensuring affordable rates.
Ensure council operates within its budget to keep rates rises to a minimum.
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