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.
Undertake a comprehensive review of council's rating policy to ensure full transparency and equity.
Review council's property and investment portfolio to ensure we are utilising our investments for long-term sustainable returns.
Review council's debt settings to ensure we are funding infrastructure in an equitable way for current and future generations.
Ensure council concentrates on core services.
Ensure that rent rises are only as big as is necessary to maintain levels of service within the core duties of the council.
Undertake a comprehensive review of council's rating policy to ensure full transparency and equity.
Review council's property and investment portfolio to ensure we are utilising our investments for long-term sustainable returns.
Review council's debt settings to ensure we are funding infrastructure in an equitable way for current and future generations.
Ensure council concentrates on core services.
Ensure that rent rises are only as big as is necessary to maintain levels of service within the core duties of the council.
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