Mayor of Manawatū
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.
Continue keeping rates increases modest, recognising MDC had the fourth lowest increase in three years across 68 city and district councils in NZ. Prioritise basics.
Maintain sound debt management and a cap with a buffer, ensuring debt is fair across the generations who will benefit from investments.
Work with the development community to keep development contributions under control and encourage managed growth.
Continue keeping rates increases modest, recognising MDC had the fourth lowest increase in three years across 68 city and district councils in NZ. Prioritise basics.
Maintain sound debt management and a cap with a buffer, ensuring debt is fair across the generations who will benefit from investments.
Work with the development community to keep development contributions under control and encourage managed growth.
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