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.
Ease the rates burden by supporting growth without sprawling outwards, sharing the city's costs across more households.
Ensure strategic assets – the port, airport, Orion, Enable and City Care – remain in public ownership, delivering dividends to the council.
Partner with councils nationwide to work with central government on solutions to council funding and financing.
Ease the rates burden by supporting growth without sprawling outwards, sharing the city's costs across more households.
Ensure strategic assets – the port, airport, Orion, Enable and City Care – remain in public ownership, delivering dividends to the council.
Partner with councils nationwide to work with central government on solutions to council funding and financing.
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