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.
Cut rates by slowing down on project spending (capex) and council living within its means. Stop trying to build everything at the same time.
Ensure that, if Three Waters goes through, rates are reduced to match lost income/costs and not diverted onto new spending ideas.
Return to a path of lower debt and thus interest servicing costs that allows for gradual investment over time.
Provide sound and prudent financial management.
Apply restraint to rate rises and be mindful of affordability.
Introduce rates review and prepare Western Bay of Plenty for changes that will impact on local and central government roles and responsibilities.
Address council debt and poor investments within council, provide and monitor spending in key problem areas.
Incentives versus fees to change rate payer behaviours eg donation of trees to local kindy for those who pay rates on time.
Minimise financial waste and bring accountability to all expenditure.
Protect and expand all councils investments.
Consolidate councils debt and increase the deficit in council's liabilities.
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.
Make our area attractive to encourage more people to come and live work and play here.
Look into capping increases to rate rises.
Make sure we have prioritised our spending to live within our means.
Cut rates by slowing down on project spending (capex) and council living within its means. Stop trying to build everything at the same time.
Ensure that, if Three Waters goes through, rates are reduced to match lost income/costs and not diverted onto new spending ideas.
Return to a path of lower debt and thus interest servicing costs that allows for gradual investment over time.
Provide sound and prudent financial management.
Apply restraint to rate rises and be mindful of affordability.
Introduce rates review and prepare Western Bay of Plenty for changes that will impact on local and central government roles and responsibilities.
Address council debt and poor investments within council, provide and monitor spending in key problem areas.
Incentives versus fees to change rate payer behaviours eg donation of trees to local kindy for those who pay rates on time.
Minimise financial waste and bring accountability to all expenditure.
Protect and expand all councils investments.
Consolidate councils debt and increase the deficit in council's liabilities.
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.
Make our area attractive to encourage more people to come and live work and play here.
Look into capping increases to rate rises.
Make sure we have prioritised our spending to live within our means.
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