Napier City Council
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.
Review fees and charges regularly to explore and streamline attainable sources of income to lower rates for community affordability.
Manage finances sustainably by prioritising investments that reflect community needs, ensuring long-term benefits for the people of Napier.
Generate income through local government shares and development of a commercial investment portfolio to cover Napier's debt.
Improve financial management to reduce waste and ensure value for every dollar spent.
Keep rates affordable by focusing spending on essential services and delaying non-urgent projects.
Use council investments wisely to grow income and reduce reliance on ratepayers.
Manage debt responsibly while balancing that with core infrastructure needs, maintaining some of the lowest rates in the country.
Prioritise core services and infrastructure.
Review council spending continuously to ensure value for money in every project.
Review fees and charges regularly to explore and streamline attainable sources of income to lower rates for community affordability.
Manage finances sustainably by prioritising investments that reflect community needs, ensuring long-term benefits for the people of Napier.
Generate income through local government shares and development of a commercial investment portfolio to cover Napier's debt.
Improve financial management to reduce waste and ensure value for every dollar spent.
Keep rates affordable by focusing spending on essential services and delaying non-urgent projects.
Use council investments wisely to grow income and reduce reliance on ratepayers.
Manage debt responsibly while balancing that with core infrastructure needs, maintaining some of the lowest rates in the country.
Prioritise core services and infrastructure.
Review council spending continuously to ensure value for money in every project.
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