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.
Ensure prudent, transparent financial governance by balancing budgets, protecting assets and funding sustainable regional priorities.
Invest responsibly for long-term regional benefit, prioritising capital protection, sustainable returns and positive social outcomes in Bay of Plenty Regional Council.
Set fair, transparent rates that fund essential services, reflect community needs and support sustainable, equitable regional development.
Ensure prudent, transparent financial governance by balancing budgets, protecting assets and funding sustainable regional priorities.
Invest responsibly for long-term regional benefit, prioritising capital protection, sustainable returns and positive social outcomes in Bay of Plenty Regional Council.
Set fair, transparent rates that fund essential services, reflect community needs and support sustainable, equitable regional development.
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