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.
Implement a targeted rate to discourage land banking and promote new housing.
Participate in local government reforms and advocate for broadening of council revenue streams to reduce reliance on rates.
Encourage private investment in city projects.
Create a progressive model of rates growth that meets our infrastructure obligations without harming our most financially vulnerable.
Ensure all council investments are climate-positive, living-waged, and Treaty compliant.
Work with government on key investment projects and funding tools for our city, to meet revenue demands and avoid reliance on rates funding.
Implement a targeted rate to discourage land banking and promote new housing.
Participate in local government reforms and advocate for broadening of council revenue streams to reduce reliance on rates.
Encourage private investment in city projects.
Create a progressive model of rates growth that meets our infrastructure obligations without harming our most financially vulnerable.
Ensure all council investments are climate-positive, living-waged, and Treaty compliant.
Work with government on key investment projects and funding tools for our city, to meet revenue demands and avoid reliance on rates funding.
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