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.
Stop rate increases.
Review all of council's overspending by outside auditors to assist in debt control by council.
Look at current investment policies and relook at the investment strategy.
Stop rate increases.
Review all of council's overspending by outside auditors to assist in debt control by council.
Look at current investment policies and relook at the investment strategy.
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