Mayor of Carterton
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.
Advocate for NZTA paying a higher share of rural road maintenance costs.
Minimise council debt to reduce interest charges and ensure debt is used where there is a return on investment.
Minimise rates by adopting a user pays policy for council services only where it is appropriate to do so and there is community support.
Ensure management are fiscally responsible.
Increase financial contributions charged to developers.
Investigate new revenue streams to help offset future rates increases.
Advocate for NZTA paying a higher share of rural road maintenance costs.
Minimise council debt to reduce interest charges and ensure debt is used where there is a return on investment.
Minimise rates by adopting a user pays policy for council services only where it is appropriate to do so and there is community support.
Ensure management are fiscally responsible.
Increase financial contributions charged to developers.
Investigate new revenue streams to help offset future rates increases.
Mayor
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