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.
Commit to a periodic review of fees and charges with public consultation to ensure they target actual service costs.
Publish line-item spending for core services, potentially via a dashboard that updates in real time or monthly.
Require each proposed future rate rise to come with a one-page impact statement showing benefits per ratepayer category.
Achieve effective fiscal management that reflects the current economic situation and stabilises rates and charges.
Continue the strategy of debt use to fund infrastructure ensuring that debt remains within council policies.
Return to the planned approach applied across all financial aspects of council's business and operations.
Commit to a periodic review of fees and charges with public consultation to ensure they target actual service costs.
Publish line-item spending for core services, potentially via a dashboard that updates in real time or monthly.
Require each proposed future rate rise to come with a one-page impact statement showing benefits per ratepayer category.
Achieve effective fiscal management that reflects the current economic situation and stabilises rates and charges.
Continue the strategy of debt use to fund infrastructure ensuring that debt remains within council policies.
Return to the planned approach applied across all financial aspects of council's business and operations.
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