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 fiscal prudence by understanding the drivers of cost and rates increases through proper reporting and analysis with the right tools.
Pay down debt whenever there is a surplus to keep rate pressures lower over the long term.
Reduce metro parking charges for Banks Peninsula residents who do not have access to public transport.
Ensure fiscal prudence by understanding the drivers of cost and rates increases through proper reporting and analysis with the right tools.
Pay down debt whenever there is a surplus to keep rate pressures lower over the long term.
Reduce metro parking charges for Banks Peninsula residents who do not have access to public transport.
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