Environment Canterbury
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.
Contain rate rises near the rate of inflation and reduce expenditure in non-core activities.
Ensure fiscal and financial responsibility by pushing for greater efficiency and accountability of expenditure.
Support a move to collect a higher proportion of rates from uniform annual charges where the benefits accrue to people rather than property.
Limit council debt.
Oversee prudent financial management.
Require staff to evaluate and justify rates spending.
Contain rate rises near the rate of inflation and reduce expenditure in non-core activities.
Ensure fiscal and financial responsibility by pushing for greater efficiency and accountability of expenditure.
Support a move to collect a higher proportion of rates from uniform annual charges where the benefits accrue to people rather than property.
Limit council debt.
Oversee prudent financial management.
Require staff to evaluate and justify rates spending.
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