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.
Cap rate rises to inflation unless backed by clear public support.
Cut wasteful spending and focus on core regional council duties.
Review fees so users, not all ratepayers, fund specialised services.
Cap rate rises to inflation unless backed by clear public support.
Cut wasteful spending and focus on core regional council duties.
Review fees so users, not all ratepayers, fund specialised services.
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