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.
Apply fiscal restraint to avoid significant rate increases experienced in 2021 and 2022.
Undertake a comprehensive rates review to ensure fairness and that rates are set at affordable levels.
Ensure that council never again approves a 2.2 billion dollar plan or any budget without robust business cases or project costing.
Apply fiscal restraint to avoid significant rate increases experienced in 2021 and 2022.
Undertake a comprehensive rates review to ensure fairness and that rates are set at affordable levels.
Ensure that council never again approves a 2.2 billion dollar plan or any budget without robust business cases or project costing.
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