Mayor of South Wairarapa
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.
Introduce stringent financial assessment and approval methodologies to ensure new spending is necessary and provides real value for money.
Keep rates increases as low as possible while still delivering essential infrastructure and services.
Run prudent debt policies so long-term infrastructure is funded inter-generationally.
Introduce stringent financial assessment and approval methodologies to ensure new spending is necessary and provides real value for money.
Keep rates increases as low as possible while still delivering essential infrastructure and services.
Run prudent debt policies so long-term infrastructure is funded inter-generationally.
Mayor
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