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.
Champion ratepayer interests by guaranteeing rate rises are reasonable, well-justified and transparent.
Manage the investment fund prudently, applying an intergenerational perspective and supporting community well-being initiatives.
Support the audit and risk committee in delivering appropriate oversight of council's critical risk areas.
Advocate on behalf of the region regarding legislative changes, including RMA reform.
Ensure council investments meet the unique needs of each community.
Limit total rates revenue increases to a maximum of 10% for current ratepayers.
Champion ratepayer interests by guaranteeing rate rises are reasonable, well-justified and transparent.
Manage the investment fund prudently, applying an intergenerational perspective and supporting community well-being initiatives.
Support the audit and risk committee in delivering appropriate oversight of council's critical risk areas.
Advocate on behalf of the region regarding legislative changes, including RMA reform.
Ensure council investments meet the unique needs of each community.
Limit total rates revenue increases to a maximum of 10% for current ratepayers.
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