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.
Participate in local government reforms and broaden council's revenue streams to reduce reliance on rates.
Better collaboration with central government to get investment in Lower Hutt that relieves the pressure on rates funding.
Increase focus on explaining how rates work, what they're spent on and short and long-term local government responsibilities.
Participate in local government reforms and broaden council's revenue streams to reduce reliance on rates.
Better collaboration with central government to get investment in Lower Hutt that relieves the pressure on rates funding.
Increase focus on explaining how rates work, what they're spent on and short and long-term local government responsibilities.
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