Waimarino-Waiouru Community Board
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.
Review council operations to seek cost reductions in order to hold rates at the lowest possible level while maintaining essential services.
Seek investment partnership opportunities for council to develop external revenue streams with good returns to reduce council debt.
Scrutinise council financial reports against budget on a monthly basis to ensure alignment with long-term plan expected outcomes.
Review council operations to seek cost reductions in order to hold rates at the lowest possible level while maintaining essential services.
Seek investment partnership opportunities for council to develop external revenue streams with good returns to reduce council debt.
Scrutinise council financial reports against budget on a monthly basis to ensure alignment with long-term plan expected outcomes.
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