Taranaki 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.
Eliminate all unnecessary spending by focusing on providing solid core services.
Utilise and maximise assets and investments to increase income without increasing rates.
Utilise technology wherever possible to reduce costs.
Ensure rates cover essentials and actively attract partnerships and philanthropy to fund luxuries, keeping costs fair for ratepayers.
Eliminate all unnecessary spending by focusing on providing solid core services.
Utilise and maximise assets and investments to increase income without increasing rates.
Utilise technology wherever possible to reduce costs.
Ensure rates cover essentials and actively attract partnerships and philanthropy to fund luxuries, keeping costs fair for ratepayers.
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