Auckland 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.
Ensure rates do not rise above inflation with careful stewardship of the council budget and prioritise efficient and effective delivery of services.
Use well designed targeted levies as a good way to ensure costs fall on land where the benefit falls, such as tourist levies for tourist services.
Value money over the whole of life of council assets as the most critical measure and borrow only for very long-term assets.
Ensure rates are fair and affordable while funding essential local services.
Manage council finances responsibly to maintain long-term sustainability.
Support prudent council investments that deliver value for the community.
Build a far healthier relationship with government so that Auckland is funded for critical projects, eg the second harbour crossing now.
Exercise genuine fiscal responsibility around the council table and apply commercial and financial acumen, not political dogma and posturing.
Hold rates increases at a level which matches inflation.
Ensure rates do not rise above inflation with careful stewardship of the council budget and prioritise efficient and effective delivery of services.
Use well designed targeted levies as a good way to ensure costs fall on land where the benefit falls, such as tourist levies for tourist services.
Value money over the whole of life of council assets as the most critical measure and borrow only for very long-term assets.
Ensure rates are fair and affordable while funding essential local services.
Manage council finances responsibly to maintain long-term sustainability.
Support prudent council investments that deliver value for the community.
Build a far healthier relationship with government so that Auckland is funded for critical projects, eg the second harbour crossing now.
Exercise genuine fiscal responsibility around the council table and apply commercial and financial acumen, not political dogma and posturing.
Hold rates increases at a level which matches inflation.
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