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.
Attempt to maintain affordable rate and amenity costs so our communities can continue to thrive rather than struggle to survive.
Continue to limit debt by only investing in our current core assets, especially while we face uncertainty in regards to asset control.
Ensure all elected councillors have the financial acumen to understand the council's annual budget and the experience to monitor it.
Attempt to maintain affordable rate and amenity costs so our communities can continue to thrive rather than struggle to survive.
Continue to limit debt by only investing in our current core assets, especially while we face uncertainty in regards to asset control.
Ensure all elected councillors have the financial acumen to understand the council's annual budget and the experience to monitor it.
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