Mayor of Matamata-Piako
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.
Ensure the revenue and financing policy is effective to achieve a pragmatic balance between user pays and ratepayer subsidised services.
Focus on priorities – the must do's, maintain compliant core services and plan ahead to effectively manage budgets.
Maintain financial prudence and borrow for infrastructure so that future ratepayers contribute to asset renewals.
Make rates shareholder investments in all council purchases to keep powers that be accountable for spending.
Make the budget and all spending available and declared on the new social media group with the public, requiring 100 likes to action spending.
Slowly dissolve rates with each rental property investment.
Ensure the revenue and financing policy is effective to achieve a pragmatic balance between user pays and ratepayer subsidised services.
Focus on priorities – the must do's, maintain compliant core services and plan ahead to effectively manage budgets.
Maintain financial prudence and borrow for infrastructure so that future ratepayers contribute to asset renewals.
Make rates shareholder investments in all council purchases to keep powers that be accountable for spending.
Make the budget and all spending available and declared on the new social media group with the public, requiring 100 likes to action spending.
Slowly dissolve rates with each rental property investment.
Mayor
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