Otago Regional 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.
Ensure rates are spent wisely.
Ensure transparent and accountable financial management.
Reduce and eliminate council debt.
Confirm that work programmes are necessary to achieve regulatory and strategic functions before setting rates.
Set budgets that are not aspirations but are adhered to.
Ensure rates are spent wisely.
Ensure transparent and accountable financial management.
Reduce and eliminate council debt.
Confirm that work programmes are necessary to achieve regulatory and strategic functions before setting rates.
Set budgets that are not aspirations but are adhered to.
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