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.
Adhere to strict and sound rates management based on needs first.
Balance community expectation and financial deliverables with affordability.
Rationalise debt against capital spend.
Scrutinise thoroughly council economic efficiency in comparison with other councils and investigate areas of improvement.
Scrutinise thoroughly economic impact of changes sort by central government ensuring that there are no financial disadvantages.
Adhere to strict and sound rates management based on needs first.
Balance community expectation and financial deliverables with affordability.
Rationalise debt against capital spend.
Scrutinise thoroughly council economic efficiency in comparison with other councils and investigate areas of improvement.
Scrutinise thoroughly economic impact of changes sort by central government ensuring that there are no financial disadvantages.
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