Otago Regional 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.
Ensure rates are fit for purpose by improving the understanding of the relationship between rate setting and the council's work.
Drive effective and efficient outcomes through a financial policy.
Set reasonable and justifiable fees for consents and services.
Ensure rates are fit for purpose by improving the understanding of the relationship between rate setting and the council's work.
Drive effective and efficient outcomes through a financial policy.
Set reasonable and justifiable fees for consents and services.
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