Mayor of Palmerston North
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 council's spending priorities and deliver value-for-money for ratepayers.
Diversify council's revenue streams and introduce targeted user pays for non-essential services to reduce cost pressures on ratepayers.
Sell underused council assets and some airport shares to pay off debt and reinvest in key infrastructure.
Re-establish a city investment fund using surplus from Tamakuku Terrace subdivision and surplus council property sales.
Continue treasury policy on raising debt and also paying back debt on generational infrastructural assets over the lifetime of the asset.
Raise new external funding from joint venture development projects, energy royalties and city partnerships to offset rates reliance.
Cut back on top salaries understanding that pay peanuts get monkeys only works for low-paid workers and others have different motivation.
Engage with human and nonhuman members of the community who are at a disadvantage including Māori, Pasifika and refugees.
Reduce the rates burden on low-income earners by exploring other revenue such as developer levies, targeted rates based on land value and ghost tax.
Review council's spending priorities and deliver value-for-money for ratepayers.
Diversify council's revenue streams and introduce targeted user pays for non-essential services to reduce cost pressures on ratepayers.
Sell underused council assets and some airport shares to pay off debt and reinvest in key infrastructure.
Re-establish a city investment fund using surplus from Tamakuku Terrace subdivision and surplus council property sales.
Continue treasury policy on raising debt and also paying back debt on generational infrastructural assets over the lifetime of the asset.
Raise new external funding from joint venture development projects, energy royalties and city partnerships to offset rates reliance.
Cut back on top salaries understanding that pay peanuts get monkeys only works for low-paid workers and others have different motivation.
Engage with human and nonhuman members of the community who are at a disadvantage including Māori, Pasifika and refugees.
Reduce the rates burden on low-income earners by exploring other revenue such as developer levies, targeted rates based on land value and ghost tax.
Mayor
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