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.
Manage debt and investments by limiting borrowing to essentials and growing investments that deliver long-term community benefits.
Review fees and charges to ensure fees reflect true service costs while keeping facilities accessible for the community.
Set and manage rates fairly by keeping rates affordable, transparent and fairly shared to fund services and infrastructure.
Commit to significant reductions in rates increases.
Ensure debt repayments are the highest focus.
Support zero budget financial management with no borrowing for operational costs.
Manage debt and investments by limiting borrowing to essentials and growing investments that deliver long-term community benefits.
Review fees and charges to ensure fees reflect true service costs while keeping facilities accessible for the community.
Set and manage rates fairly by keeping rates affordable, transparent and fairly shared to fund services and infrastructure.
Commit to significant reductions in rates increases.
Ensure debt repayments are the highest focus.
Support zero budget financial management with no borrowing for operational costs.
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