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.
Aim to keep each council independent from central government's overreach of investments already planned for.
Look at what debt there may be in council and work towards an acceptable way to get that down.
Be transparent in where the rates money is spent.
Aim to keep each council independent from central government's overreach of investments already planned for.
Look at what debt there may be in council and work towards an acceptable way to get that down.
Be transparent in where the rates money is spent.
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