Mayor of Taupō
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.
Enhance the TEL fund investment with a view to making funds available for distribution for community benefit at the best time.
Work towards maintaining a balanced budget and retaining the current financial prudence underpinning council's financial strategy.
Cap rates to a maximum of inflation.
Return council to its responsibilities before the 2002 law reforms introduced the four wellbeings.
Stop duplicating services provided by central government or regional council.
Enhance the TEL fund investment with a view to making funds available for distribution for community benefit at the best time.
Work towards maintaining a balanced budget and retaining the current financial prudence underpinning council's financial strategy.
Cap rates to a maximum of inflation.
Return council to its responsibilities before the 2002 law reforms introduced the four wellbeings.
Stop duplicating services provided by central government or regional council.
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