Wellington City 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.
Boost Wellington's business appeal to grow the economy and tax base.
Ensure sustainable services through prudent financial management and fair rates.
Advocate to central government to pay rates on government-owned buildings in Wellington to ease the burden on all ratepayers.
Change to land value rates to reduce rates for most Wellingtonians and encourage development of medium and high-density housing.
Implement a disaster resilience fund so that in the event of a severe emergency, there is a fund to get the city back up and running.
Achieve zero rates increase for the next three years by cutting wasteful spending to keep Wellington affordable.
Get council spending and debt under control to reduce the $1.2 million a week in interest paid by ratepayers.
Review council investments to assess effectiveness, such as Takina which costs $1 million a month in losses.
Boost Wellington's business appeal to grow the economy and tax base.
Ensure sustainable services through prudent financial management and fair rates.
Advocate to central government to pay rates on government-owned buildings in Wellington to ease the burden on all ratepayers.
Change to land value rates to reduce rates for most Wellingtonians and encourage development of medium and high-density housing.
Implement a disaster resilience fund so that in the event of a severe emergency, there is a fund to get the city back up and running.
Achieve zero rates increase for the next three years by cutting wasteful spending to keep Wellington affordable.
Get council spending and debt under control to reduce the $1.2 million a week in interest paid by ratepayers.
Review council investments to assess effectiveness, such as Takina which costs $1 million a month in losses.
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