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.
Start a new, wide-ranging and open discussion on the basic purpose and ongoing viability of a money based operating system. Is it working?
Open 'clean-slate' conversation on council and community goals, responsibilities and challenges before, during and after transition to resource-based economy.
Short term, borrow as required to assure community and environmental well-being and sustainability, ie do no harm, spend those fake tokens!
Start a new, wide-ranging and open discussion on the basic purpose and ongoing viability of a money based operating system. Is it working?
Open 'clean-slate' conversation on council and community goals, responsibilities and challenges before, during and after transition to resource-based economy.
Short term, borrow as required to assure community and environmental well-being and sustainability, ie do no harm, spend those fake tokens!
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