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.
Continue to find the right balance between any increase in rates and the community's expectations around delivery of service.
Continue the financial strategy to ensure we balance the books every year and that we fully fund depreciation.
Support the organisation in looking for efficiencies to keep costs down and continue the zero base budgeting work.
Manage debt and investments by limiting borrowing to essentials and growing investments that deliver long-term community benefits.
Review fees and charges to ensure fees reflect true service costs while keeping facilities accessible for the community.
Set and manage rates fairly by keeping rates affordable, transparent and fairly shared to fund services and infrastructure.
Continue to find the right balance between any increase in rates and the community's expectations around delivery of service.
Continue the financial strategy to ensure we balance the books every year and that we fully fund depreciation.
Support the organisation in looking for efficiencies to keep costs down and continue the zero base budgeting work.
Manage debt and investments by limiting borrowing to essentials and growing investments that deliver long-term community benefits.
Review fees and charges to ensure fees reflect true service costs while keeping facilities accessible for the community.
Set and manage rates fairly by keeping rates affordable, transparent and fairly shared to fund services and infrastructure.
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