Matamata-Piako District Council
Rates and revenue
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.
Rates and revenue
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.
Work within council's current debt level to ensure that there is sufficient 'head room' if required for an unplanned event.
Review the policy to 'maintain current levels of service' to meet expectations of the district's growing urban areas.
Continue to review and question fees and charges to ensure increases remain in line with the economy.
Promote a flat, broad and simple rating systems for ease of application, minimal loopholes and transparent implementation.
Apply user-pays systems of cost recovery when applicable.
Manage council community financial assets for broad benefit with an informed level of risk.
Service all debts at a sustainable level. Limit spending to only vital services for six months to improve balance sheet. Accrue no new debt.
Re-invest all profits back into expenditure. Discontinue all unnecessary committees and subcommittees.
Lower rates for all small businesses by 10%. Make a rates relief available for new businesses. Invest in vital infrastructure.
Maintain reasonable levels of rates, keeping Matamata-Piako affordable and in line with inflation.
Publish transparent reports on council spending.
Avoid high levels of council debt.
Work within council's current debt level to ensure that there is sufficient 'head room' if required for an unplanned event.
Review the policy to 'maintain current levels of service' to meet expectations of the district's growing urban areas.
Continue to review and question fees and charges to ensure increases remain in line with the economy.
Promote a flat, broad and simple rating systems for ease of application, minimal loopholes and transparent implementation.
Apply user-pays systems of cost recovery when applicable.
Manage council community financial assets for broad benefit with an informed level of risk.
Service all debts at a sustainable level. Limit spending to only vital services for six months to improve balance sheet. Accrue no new debt.
Re-invest all profits back into expenditure. Discontinue all unnecessary committees and subcommittees.
Lower rates for all small businesses by 10%. Make a rates relief available for new businesses. Invest in vital infrastructure.
Maintain reasonable levels of rates, keeping Matamata-Piako affordable and in line with inflation.
Publish transparent reports on council spending.
Avoid high levels of council debt.
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