Hamilton 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.
Increase shared services with neighbouring councils to decrease costs and increase efficiency to reduce debt and rates pressure.
Streamline procurement and consultancy services to prioritise the use of local business to support the local economy where possible.
Maximise revenue from council investments such as the Municipal Endowment Fund, Waikato Regional Airport, H3 event venues, gardens and zoo.
Increase shared services with neighbouring councils to decrease costs and increase efficiency to reduce debt and rates pressure.
Streamline procurement and consultancy services to prioritise the use of local business to support the local economy where possible.
Maximise revenue from council investments such as the Municipal Endowment Fund, Waikato Regional Airport, H3 event venues, gardens and zoo.
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