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.
Follow prescriptive legal requirements to get process and content precise.
Revenue, financing, funding impact statement and rates resolution compliance must be consistent.
Council put in place an open and transparent quality assurance system to check legality of rating documents.
Follow prescriptive legal requirements to get process and content precise.
Revenue, financing, funding impact statement and rates resolution compliance must be consistent.
Council put in place an open and transparent quality assurance system to check legality of rating documents.
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