Mayor of Waitaki
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.
Improve digital tools to allow more transparency to the public around where rates are spent.
Limit rate increases as much as possible by driving efficiency and using robust procurement and financial controls.
Provide the community with options around larger project spends with digital adjustments so they can see the real-time impact of decisions.
Continue evolving future plans made in the WDC Property Strategy 2023 regarding property considered surplus to reduce debt.
Explore targeted rates, if necessary, to only impact those who will benefit from specific council spending activity.
Focus spending on accomplishing only essential tasks and prioritise remaining money on areas that make the biggest difference.
Improve digital tools to allow more transparency to the public around where rates are spent.
Limit rate increases as much as possible by driving efficiency and using robust procurement and financial controls.
Provide the community with options around larger project spends with digital adjustments so they can see the real-time impact of decisions.
Continue evolving future plans made in the WDC Property Strategy 2023 regarding property considered surplus to reduce debt.
Explore targeted rates, if necessary, to only impact those who will benefit from specific council spending activity.
Focus spending on accomplishing only essential tasks and prioritise remaining money on areas that make the biggest difference.
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