Western Bay of Plenty 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.
To see rates are kept under 4% per annum.
Work with council to keep fees and charges to a rate that is sustainable. Compliance and consenting fees rates reasonable.
Work towards a healthy debt ceiling enabling to loan finance for the future infrastructure and development.
Strive to ensure value for money and thereby minimise the level of rates increases.
Cautious approach to borrowing but acknowledge that council is in a strong financial position and is able to borrow to fund future needs.
Maximise collaboration with other councils through BOPLASS to reduce cost of services.
Maintain a fiscally responsible approach to council debt and continue use of capped rate increases to minimise shock to ratepayers.
Implement more equitable rating mechanisms, eg use of 'separately used or inhabited parts' of a rating unit, esp. for retirement villages.
Maintain policy of 'user pays' for council fees and charges.
Minimise financial waste and being accountable for all expenditure.
Protect and expand all of council's assets and investments.
Consolidate council's debt and increase the deficit on council's liabilities.
Council rates review to relate to Western Bay of Plenty area matters of needs vs wants. Meet basics first before introducing grandiose, unwanted facilities.
Introduce a fair and practical user pays system across council, whether it be for development or use of facilities or amenities.
Financial professionals/experts should be managing council funds, across the board.
To see rates are kept under 4% per annum.
Work with council to keep fees and charges to a rate that is sustainable. Compliance and consenting fees rates reasonable.
Work towards a healthy debt ceiling enabling to loan finance for the future infrastructure and development.
Strive to ensure value for money and thereby minimise the level of rates increases.
Cautious approach to borrowing but acknowledge that council is in a strong financial position and is able to borrow to fund future needs.
Maximise collaboration with other councils through BOPLASS to reduce cost of services.
Maintain a fiscally responsible approach to council debt and continue use of capped rate increases to minimise shock to ratepayers.
Implement more equitable rating mechanisms, eg use of 'separately used or inhabited parts' of a rating unit, esp. for retirement villages.
Maintain policy of 'user pays' for council fees and charges.
Minimise financial waste and being accountable for all expenditure.
Protect and expand all of council's assets and investments.
Consolidate council's debt and increase the deficit on council's liabilities.
Council rates review to relate to Western Bay of Plenty area matters of needs vs wants. Meet basics first before introducing grandiose, unwanted facilities.
Introduce a fair and practical user pays system across council, whether it be for development or use of facilities or amenities.
Financial professionals/experts should be managing council funds, across the board.
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