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.
Implement a 150-year infrastructure strategy and take on debt to invest equitably without burdening today's ratepayers.
Maintain a high level of service while ensuring affordability for ratepayers.
Maintain one of the lowest rates increases in the country while funding depreciation and retaining the AA-/AA-1+ credit rating through Standard and Poors.
Keep rates affordable and definitely below the rate of inflation by delivering efficiencies.
Improve financial management following the council’s downgrade by standards and poor credit company plus watch status.
Bring council debt under control as debt is forecast to increase by 50% in the next three years.
Implement a 150-year infrastructure strategy and take on debt to invest equitably without burdening today's ratepayers.
Maintain a high level of service while ensuring affordability for ratepayers.
Maintain one of the lowest rates increases in the country while funding depreciation and retaining the AA-/AA-1+ credit rating through Standard and Poors.
Keep rates affordable and definitely below the rate of inflation by delivering efficiencies.
Improve financial management following the council’s downgrade by standards and poor credit company plus watch status.
Bring council debt under control as debt is forecast to increase by 50% in the next three years.
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