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.
Balance rates with smart investments, fair fees and debt only when affordable, ensuring essential services are maintained.
Share costs fairly between rates, central government and grants to protect households from carrying the full burden of infrastructure.
Track every dollar with transparent reporting, staged spending and independent review to keep Napier's finances accountable.
Balance rates with smart investments, fair fees and debt only when affordable, ensuring essential services are maintained.
Share costs fairly between rates, central government and grants to protect households from carrying the full burden of infrastructure.
Track every dollar with transparent reporting, staged spending and independent review to keep Napier's finances accountable.
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