Whakatāne 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.
Set clear priorities to avoid hefty rates increases.
Ensure transparent decision making and sustainable management of council assets.
Focus on agreed priorities – bake the cake before icing it.
Prioritise investments that have environmental and economic benefits eg energy management.
Focus on getting better returns from councils investment portfolio (Harbour Fund assets).
Set clear priorities to avoid hefty rates increases.
Ensure transparent decision making and sustainable management of council assets.
Focus on agreed priorities – bake the cake before icing it.
Prioritise investments that have environmental and economic benefits eg energy management.
Focus on getting better returns from councils investment portfolio (Harbour Fund assets).
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