Waipā District Council
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.
Enhance a common-sense approach to financial management and keep debt to a minimum and request accurate analysis of all financial reports.
Recognise that current council debt relates to central government stating that Waipa is currently a tier 1 council similar to major cities.
Reduce current high rate increases and place costs back to their origins as the rates system is unable to cope with development contributions.
Commit to rigorous investigation and governance of rates, fees and charges.
Commit to rigorous investigation of Waipa's council debt.
Listen to the community on Waipa's financial management.
Ensure assets are returning an acceptable return to ratepayers.
Ensure council costs are affordable by improving efficiency and eliminating wasteful spending.
Look at other funding opportunities to minimise reliance on ratepayer income.
Enhance a common-sense approach to financial management and keep debt to a minimum and request accurate analysis of all financial reports.
Recognise that current council debt relates to central government stating that Waipa is currently a tier 1 council similar to major cities.
Reduce current high rate increases and place costs back to their origins as the rates system is unable to cope with development contributions.
Commit to rigorous investigation and governance of rates, fees and charges.
Commit to rigorous investigation of Waipa's council debt.
Listen to the community on Waipa's financial management.
Ensure assets are returning an acceptable return to ratepayers.
Ensure council costs are affordable by improving efficiency and eliminating wasteful spending.
Look at other funding opportunities to minimise reliance on ratepayer income.
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