Napier City 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.
Rates need to be affordable and sustainable. The recent increases cannot continue. Those on fixed incomes are the most affected.
Council debt is the worst it has ever been and is not sustainable. The council needs to grow its non rateable income and investments.
Reviews of current service levels need to be undertaken to see where savings can be made.
Stop any new vanity projects until core infrastructure problems have been addressed.
Keep rate rises down by efficient council services. The current rise rate is unsustainable and rate payers cannot afford this year on year.
Use debt to leverage – when there is an intergenerational benefit, but do it with sustainability in mind, knowing how will it be repaid.
Use social procurement to ensure the community gets maximum benefit from the approximately $125 million we spend each year.
Leverage our strong financial position to build our investment base and continue to use it to discount rates.
Ensure that rates are affordable, fair and effectively managed.
Ensure that council assets are effectively managed and economically sound. Maintain or grow the council investment portfolio.
Continue to improve transparent financial management practices in council.
Ensure financial management looks to greater efficiencies and cost savings for ratepayers.
Retain council investments as much as possible and review council debt.
Keep rates to a minimum, offering the same or more efficient services.
Rates need to be affordable and sustainable. The recent increases cannot continue. Those on fixed incomes are the most affected.
Council debt is the worst it has ever been and is not sustainable. The council needs to grow its non rateable income and investments.
Reviews of current service levels need to be undertaken to see where savings can be made.
Stop any new vanity projects until core infrastructure problems have been addressed.
Keep rate rises down by efficient council services. The current rise rate is unsustainable and rate payers cannot afford this year on year.
Use debt to leverage – when there is an intergenerational benefit, but do it with sustainability in mind, knowing how will it be repaid.
Use social procurement to ensure the community gets maximum benefit from the approximately $125 million we spend each year.
Leverage our strong financial position to build our investment base and continue to use it to discount rates.
Ensure that rates are affordable, fair and effectively managed.
Ensure that council assets are effectively managed and economically sound. Maintain or grow the council investment portfolio.
Continue to improve transparent financial management practices in council.
Ensure financial management looks to greater efficiencies and cost savings for ratepayers.
Retain council investments as much as possible and review council debt.
Keep rates to a minimum, offering the same or more efficient services.
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