Waikato Regional 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.
Introduce rate remission for unproductive/un-used Māori land.
Ensure rates are targeted where investments and developments only benefit a particular community.
Work with chambers of commerce and the business community to find mutually beneficial solutions to problems.
Encourage long term fiscal management and decision making that is focused on long term outcomes not just quick wins.
Work to diversify council revenue streams beyond rates.
Develop tagged funding and accountability reporting for council special interest projects.
Investigate the development of a climate change levy to fund immediate support for adverse climate impacts.
Ensure operational costs are capped as a % of revenue and rate increases are invested back into communities rather than administration.
Introduce rate remission for unproductive/un-used Māori land.
Ensure rates are targeted where investments and developments only benefit a particular community.
Work with chambers of commerce and the business community to find mutually beneficial solutions to problems.
Encourage long term fiscal management and decision making that is focused on long term outcomes not just quick wins.
Work to diversify council revenue streams beyond rates.
Develop tagged funding and accountability reporting for council special interest projects.
Investigate the development of a climate change levy to fund immediate support for adverse climate impacts.
Ensure operational costs are capped as a % of revenue and rate increases are invested back into communities rather than administration.
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