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.
Complete assessment of major assets (property, shares and Northport) against core values. Transfer ownership to maximise benefits.
Ensure that all consent costs are borne by the consent holder, not subsidised by the general ratepayer.
Move rate setting to targeted rates (to where it is spent) wherever possible, to better align funding with delivery and beneficiary.
Complete assessment of major assets (property, shares and Northport) against core values. Transfer ownership to maximise benefits.
Ensure that all consent costs are borne by the consent holder, not subsidised by the general ratepayer.
Move rate setting to targeted rates (to where it is spent) wherever possible, to better align funding with delivery and beneficiary.
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