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.
Commit to council's financial management of investment, fees, charges and debt being robust.
Support community financial literacy to facilitate council revenue.
Explore alternative revenue streams whilst respecting inflation pressures on the community.
Commit to council's financial management of investment, fees, charges and debt being robust.
Support community financial literacy to facilitate council revenue.
Explore alternative revenue streams whilst respecting inflation pressures on the community.
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