Taupō District 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.
Cap rates at the cost of living index, borrowed over 35 years plus, and stick to basics without boom booms or overpriced lights.
Plan and budget prudently and transparently each year, setting budgets at the known income from rates and not a penny more.
Restrain debt to avoid pricing everybody out of their homes as this is where the current trend is heading.
Apply lateral thinking to council debt, which is largely driven by civil engineering infrastructure, to achieve similar results for less.
Impose rates caps tied to inflation urgently. This will either be imposed by central government or an expectation of voters.
Levy short-term accommodation providers to compensate for their additional burden on council services.
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.
Balance community affordability with essential services by keeping council spending under control.
Keep rates low by managing spending responsibly while ensuring essential council services are delivered.
Manage and oversee council debt responsibly to fund essential projects while protecting the community and future generations.
Cap rates at the cost of living index, borrowed over 35 years plus, and stick to basics without boom booms or overpriced lights.
Plan and budget prudently and transparently each year, setting budgets at the known income from rates and not a penny more.
Restrain debt to avoid pricing everybody out of their homes as this is where the current trend is heading.
Apply lateral thinking to council debt, which is largely driven by civil engineering infrastructure, to achieve similar results for less.
Impose rates caps tied to inflation urgently. This will either be imposed by central government or an expectation of voters.
Levy short-term accommodation providers to compensate for their additional burden on council services.
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.
Balance community affordability with essential services by keeping council spending under control.
Keep rates low by managing spending responsibly while ensuring essential council services are delivered.
Manage and oversee council debt responsibly to fund essential projects while protecting the community and future generations.
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