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 councils have rainy day funding available and keep debt down to a minimum.
Make co-ordinated planning predictable with processes easily understood by all.
Make rates pay for essentials and ensure groups use sponsorship and grants to fund activities with only minimal cost to ratepayers.
Focus council on a more targeted user-pays approach on fees and charges that reflect actual costs.
Introduce full recovery of costs for property developers connecting to existing services to reflect the need to upgrade those systems.
Review council debt to ensure the cost of infrastructure is paid by users over the long term through strategic loans to reduce the rates burden.
Ensure councils have rainy day funding available and keep debt down to a minimum.
Make co-ordinated planning predictable with processes easily understood by all.
Make rates pay for essentials and ensure groups use sponsorship and grants to fund activities with only minimal cost to ratepayers.
Focus council on a more targeted user-pays approach on fees and charges that reflect actual costs.
Introduce full recovery of costs for property developers connecting to existing services to reflect the need to upgrade those systems.
Review council debt to ensure the cost of infrastructure is paid by users over the long term through strategic loans to reduce the rates burden.
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