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.
Borrow for intergenerational needs and pay it off.
Sell down some assets to pay off debt.
Focus on business ventures to create funds to pay for core services and cap rates at less than 5%.
Borrow for intergenerational needs and pay it off.
Sell down some assets to pay off debt.
Focus on business ventures to create funds to pay for core services and cap rates at less than 5%.
Compare the mayoral candidates in your area
Compare the candidates for your city or district council
Compare the candidates for your regional council
Compare the candidates for your local or community board