Nelson 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.
Work towards a rate cap assessment policy to prevent huge jumps in rates due to disproportionate housing market increases.
Complete review of council building and resource consent process to make it more efficient and cheaper.
Introduce exemptions for rates calculations on Māori trust land and households that are facing hardships.
Raise rates rebate threshold. Look at raising the rates rebate threshold to enable more home owners eligibility.
Reduce council debt by 25%. Implement a strategy that will reduce council debt by 25% by 2025.
Reduce fees and charges for building consents. Look at ways to reduce the cost of building consents which will encourage growth.
Work towards a rate cap assessment policy to prevent huge jumps in rates due to disproportionate housing market increases.
Complete review of council building and resource consent process to make it more efficient and cheaper.
Introduce exemptions for rates calculations on Māori trust land and households that are facing hardships.
Raise rates rebate threshold. Look at raising the rates rebate threshold to enable more home owners eligibility.
Reduce council debt by 25%. Implement a strategy that will reduce council debt by 25% by 2025.
Reduce fees and charges for building consents. Look at ways to reduce the cost of building consents which will encourage growth.
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