Thames-Coromandel 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.
Seek more central government support for infrastructure especially pertaining to the tourism industry.
I, myself, commit to learning more (in -depth) about these processes, the funding and the financial management of our local council.
Investigate the reality that the new developments are forcing the existing ratepayers to help fund the expanding costs of infrastructure.
Accountability of council spending is number one priority. It is public money and council has a responsibility to manage its expenditure.
Reduce council debt. Investigate due diligence before projects are started.
Remove areas of expenditure that do not directly relate to Council core services and ensure that it's cost effective and efficient.
Council debt is very high and this should be either reduced or focused on core council deliverables
Take a diligent approach to revenue management and the role elected Councillor's have in overseeing expenditure.
Seek more central government support for infrastructure especially pertaining to the tourism industry.
I, myself, commit to learning more (in -depth) about these processes, the funding and the financial management of our local council.
Investigate the reality that the new developments are forcing the existing ratepayers to help fund the expanding costs of infrastructure.
Accountability of council spending is number one priority. It is public money and council has a responsibility to manage its expenditure.
Reduce council debt. Investigate due diligence before projects are started.
Remove areas of expenditure that do not directly relate to Council core services and ensure that it's cost effective and efficient.
Council debt is very high and this should be either reduced or focused on core council deliverables
Take a diligent approach to revenue management and the role elected Councillor's have in overseeing expenditure.
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