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.
Pragmatic and sensible decisions around spending money, so that we manage competing interests whilst keeping rates affordable.
Review our rates and revenue policy.
Continue to seek alternative funding sources to support the projects of interest.
Seek diversity in council income to reduce reliance on rates and ease the burden on ratepayers.
Use debt strategically to support infrastructure growth to meet demand, while staying within debt caps and acting to ensure future income.
Reestablish development contributions.
Reduction of council debt will release future funds for future development.
Reviewing fees and charges should be an ongoing practice at all times.
Make good sensible decisions on how we spend money, balancing priorities to keep rates as affordable as they can be.
Support review exploring ways to spread council rates charges more fairly.
Continue to explore ways to build our revenue streams so we can continue to invest in growth initiatives.
Pragmatic and sensible decisions around spending money, so that we manage competing interests whilst keeping rates affordable.
Review our rates and revenue policy.
Continue to seek alternative funding sources to support the projects of interest.
Seek diversity in council income to reduce reliance on rates and ease the burden on ratepayers.
Use debt strategically to support infrastructure growth to meet demand, while staying within debt caps and acting to ensure future income.
Reestablish development contributions.
Reduction of council debt will release future funds for future development.
Reviewing fees and charges should be an ongoing practice at all times.
Make good sensible decisions on how we spend money, balancing priorities to keep rates as affordable as they can be.
Support review exploring ways to spread council rates charges more fairly.
Continue to explore ways to build our revenue streams so we can continue to invest in growth initiatives.
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