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.
Ensure council investments are structured to provide an intergenerational fund that reduces the rates burden.
Ensure to the fullest possible extent that users pay for the services that they directly use or benefit from.
Work to find the sweet spot where rates are affordable and council can deliver all agreed activities within set budgets.
Ensure council investments are structured to provide an intergenerational fund that reduces the rates burden.
Ensure to the fullest possible extent that users pay for the services that they directly use or benefit from.
Work to find the sweet spot where rates are affordable and council can deliver all agreed activities within set budgets.
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