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 rates to protect households and ensure fair contribution without overburdening residents.
Explore alternative funding methods to support community services beyond just rates.
Strengthen council finances with careful budgeting, responsible investments and debt control.
Cap rates to protect households and ensure fair contribution without overburdening residents.
Explore alternative funding methods to support community services beyond just rates.
Strengthen council finances with careful budgeting, responsible investments and debt control.
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