Selwyn District Council
Rates and revenue
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.
Rates and revenue
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.
Ensure that residents get the best value for money from rates. Efficiencies must not be achieved at the expense of meeting community needs.
Prepare business cases for community resilience and climate change adaptation projects, in order to gain government investment sooner.
Incentivise medium density builds that meet design, energy efficiency and water sensitivity guidelines by reducing financial contributions.
Introduce a new levy on developers to fund infrastructure in new suburbs.
Consider a 3 percent increase to rates rather than the proposed 6 percent. The current financial climate is creating a financial challenge for residents.
Prioritise revenue gained from fuel taxes and infringement notices to improve roading, pedestrian access, street lighting and safety.
Decrease spending on big ticket items, and place more emphasis on essential services that are more meaningful to all Selwyn residents.
Ensure council continues to investigate investment opportunities which benefit the district and provide funding source to reduce rates.
Continue to ensure council monitors budgets especially capital project builds.
Ensure that residents get the best value for money from rates. Efficiencies must not be achieved at the expense of meeting community needs.
Prepare business cases for community resilience and climate change adaptation projects, in order to gain government investment sooner.
Incentivise medium density builds that meet design, energy efficiency and water sensitivity guidelines by reducing financial contributions.
Introduce a new levy on developers to fund infrastructure in new suburbs.
Consider a 3 percent increase to rates rather than the proposed 6 percent. The current financial climate is creating a financial challenge for residents.
Prioritise revenue gained from fuel taxes and infringement notices to improve roading, pedestrian access, street lighting and safety.
Decrease spending on big ticket items, and place more emphasis on essential services that are more meaningful to all Selwyn residents.
Ensure council continues to investigate investment opportunities which benefit the district and provide funding source to reduce rates.
Continue to ensure council monitors budgets especially capital project builds.
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