Horizons Regional 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.
Apply financial discipline to ensure protection of the current $1.4 billion asset base. Invest depreciation to maintain assets.
Require governance accountability for all income and expenditure. Justify all rating increases based on serviceability rather than flashy projects.
Support collaborative partnerships as demonstrated by Sustainable Land Use Initiative and MRLA where Horizons, government and landowners all contribute.
Apply financial discipline to ensure protection of the current $1.4 billion asset base. Invest depreciation to maintain assets.
Require governance accountability for all income and expenditure. Justify all rating increases based on serviceability rather than flashy projects.
Support collaborative partnerships as demonstrated by Sustainable Land Use Initiative and MRLA where Horizons, government and landowners all contribute.
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