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.
Lobby the government for new tools through the Future for Local Government review rather than being limited to just property rates.
Look at how our current investments made by previous generations could provide benefit for today.
Continue to use independent members of our Audit and Risk Committee to ensure expertise and objectivity remain.
Introduce a new levy on developers to fund infrastructure in new suburbs.
Lobby the government for new tools through the Future for Local Government review rather than being limited to just property rates.
Look at how our current investments made by previous generations could provide benefit for today.
Continue to use independent members of our Audit and Risk Committee to ensure expertise and objectivity remain.
Introduce a new levy on developers to fund infrastructure in new suburbs.
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