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.
Have prudence around spending and ensure that money is spent on the projects or activities it was allocated to.
Make sure the community is engaged in consultation on long-term plans that affect any chance of rate increases.
Have prudence around spending and ensure that money is spent on the projects or activities it was allocated to.
Make sure the community is engaged in consultation on long-term plans that affect any chance of rate increases.
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