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.
Introduce and restore control over spending and stop the excessive rate increases.
Set budgets that are centred upon fulfilling local government's critical, long-term contributions to wellbeing.
Consider intergenerational equity in balancing sustainable levels of debt with necessary investment now for the future wellbeing.
Avoid arbitrary debt limits that lower debt at the expense of making important investments in our future.
Introduce and restore control over spending and stop the excessive rate increases.
Set budgets that are centred upon fulfilling local government's critical, long-term contributions to wellbeing.
Consider intergenerational equity in balancing sustainable levels of debt with necessary investment now for the future wellbeing.
Avoid arbitrary debt limits that lower debt at the expense of making important investments in our future.
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