Mayor of Timaru
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.
Focus expenditure on core service while maintaining a high level of much-needed infrastructure investment and capital delivery.
Focus on asset management planning and bring the council to a best practice model across all infrastructure, vertical and horizontal.
Deliver a full rates and revenue review in time for the 2027 long term plan, balance debt across generations and rate cap on non-core activity.
Focus expenditure on core service while maintaining a high level of much-needed infrastructure investment and capital delivery.
Focus on asset management planning and bring the council to a best practice model across all infrastructure, vertical and horizontal.
Deliver a full rates and revenue review in time for the 2027 long term plan, balance debt across generations and rate cap on non-core activity.
Mayor
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