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.
Review council's existing spending and contracts to correctly prioritise funds and reduce costs.
Ensure that council procurement processes are strictly adhered to and contracts are allocated based on cost and outcomes without bias.
Look to make sensible investments with proven financial returns, with a view of gradually reducing existing debt levels.
Review council's existing spending and contracts to correctly prioritise funds and reduce costs.
Ensure that council procurement processes are strictly adhered to and contracts are allocated based on cost and outcomes without bias.
Look to make sensible investments with proven financial returns, with a view of gradually reducing existing debt levels.
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