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.
Keep rates affordable by prioritising core services, cutting unnecessary spending and delivering real value for money.
Manage council debt responsibly by limiting borrowing to essential infrastructure.
Strengthen financial discipline with transparent reporting, better cost controls and elected members pushing back on overspending.
Bring rates back in line with the 5% ceiling of average household income measure that was surpassed at the last long term plan.
Explore, develop and implement alternative income streams to ease the rate burden on households.
Ensure growth pays for growth and is not subsidised by ratepayers, with policies and development contributions reflecting this. Regulation must be efficient.
Keep rates affordable by prioritising core services, cutting unnecessary spending and delivering real value for money.
Manage council debt responsibly by limiting borrowing to essential infrastructure.
Strengthen financial discipline with transparent reporting, better cost controls and elected members pushing back on overspending.
Bring rates back in line with the 5% ceiling of average household income measure that was surpassed at the last long term plan.
Explore, develop and implement alternative income streams to ease the rate burden on households.
Ensure growth pays for growth and is not subsidised by ratepayers, with policies and development contributions reflecting this. Regulation must be efficient.
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