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.
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.
Continue talks, where appropriate, with contracted service providers for a gradual transition to council run operations to reduce costs.
Continue to advocate with government for a meaningful review of council funding and find alternatives to the current rating model used by councils.
Manage council debt levels to maintain exposure well below LGFA mandated caps.
Enforce the stop wasting money philosophy from day one.
Inform Thames-Coromandel District Council it can raise capital from anywhere except the ratepayer.
Introduce a rates freeze for one to two years guaranteed. I will tell you where the saving will come from at the right time I promise.
Continue talks, where appropriate, with contracted service providers for a gradual transition to council run operations to reduce costs.
Continue to advocate with government for a meaningful review of council funding and find alternatives to the current rating model used by councils.
Manage council debt levels to maintain exposure well below LGFA mandated caps.
Enforce the stop wasting money philosophy from day one.
Inform Thames-Coromandel District Council it can raise capital from anywhere except the ratepayer.
Introduce a rates freeze for one to two years guaranteed. I will tell you where the saving will come from at the right time I promise.
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