Bay of Plenty Regional 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.
Develop resilient and workable fees and charges in consultation with community and associated businesses where applicable.
Maintain rates at realistic and affordable levels utilising benefits of existing investments where appropriate.
Maintain strong support for the Council's CCO Quayside Holdings Limited, its investments and majority interest in the Port of Tauranga.
Explore other avenues to reduce costs such as salaries and wages of senior management, chairperson and councillors.
Reduce rates.
Review investment strategies by working on a one-third method including debt, investment and community, and equal investment.
Develop resilient and workable fees and charges in consultation with community and associated businesses where applicable.
Maintain rates at realistic and affordable levels utilising benefits of existing investments where appropriate.
Maintain strong support for the Council's CCO Quayside Holdings Limited, its investments and majority interest in the Port of Tauranga.
Explore other avenues to reduce costs such as salaries and wages of senior management, chairperson and councillors.
Reduce rates.
Review investment strategies by working on a one-third method including debt, investment and community, and equal investment.
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