Waipā 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.
Support a level of affordable rates take to allow some feel good community projects to proceed and to ensure council services are maintained.
Encourage council to prudently invest any surplus money securely until needed for local use. In the past this had benefit for ratepayers.
Continually review fees and charges and amend when necessary. Usually annually to reflect the true cost of providing these services.
Limit rates rises to Local Government Cost Index plus 2% or less.
Champion financial transparency and prudent financial management.
Ensure council debt is managed so it remains within the envelope of spend that was consulted on with our community.
Improve the transparency, accountability and financial management of local government.
Support a level of affordable rates take to allow some feel good community projects to proceed and to ensure council services are maintained.
Encourage council to prudently invest any surplus money securely until needed for local use. In the past this had benefit for ratepayers.
Continually review fees and charges and amend when necessary. Usually annually to reflect the true cost of providing these services.
Limit rates rises to Local Government Cost Index plus 2% or less.
Champion financial transparency and prudent financial management.
Ensure council debt is managed so it remains within the envelope of spend that was consulted on with our community.
Improve the transparency, accountability and financial management of local government.
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