Christchurch City 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.
Introduce a cap on rates increases of 5% for the next LTP, to be reviewed every three years.
Look at issuing long-term water-related bonds.
Look to expand the investment portfolio through capital recycling, acquisitions and new partnerships.
Keep rates fair and transparent so all Christchurch residents contribute equitably and know where their money is spent.
Manage council finances responsibly by reducing debt, prioritising essential services and investing in projects that benefit communities.
Use council investments wisely to support sustainable initiatives, local jobs and long-term resilience, not short-term gain.
Introduce a cap on rates increases of 5% for the next LTP, to be reviewed every three years.
Look at issuing long-term water-related bonds.
Look to expand the investment portfolio through capital recycling, acquisitions and new partnerships.
Keep rates fair and transparent so all Christchurch residents contribute equitably and know where their money is spent.
Manage council finances responsibly by reducing debt, prioritising essential services and investing in projects that benefit communities.
Use council investments wisely to support sustainable initiatives, local jobs and long-term resilience, not short-term gain.
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