Mayor of Tararua
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.
Evaluate if the rating model is still fit for purpose or if land value, capital value, or a hybrid approach should be used.
Ensure strong financial management on costs while finding solutions to the cost of living crisis with improved financial communication with residents.
Continue examining who uses services, who pays and who benefits as costs rise for residents by asking if the balance is right.
Review all accounts from the last few years and compare private sector costs versus public sector costs paid.
Allow more competition for council contracts where possible to ensure ratepayers get better value for money.
Review costs such as vehicle, fuel and personal expenses to ensure the system is not being taken advantage of.
Evaluate if the rating model is still fit for purpose or if land value, capital value, or a hybrid approach should be used.
Ensure strong financial management on costs while finding solutions to the cost of living crisis with improved financial communication with residents.
Continue examining who uses services, who pays and who benefits as costs rise for residents by asking if the balance is right.
Review all accounts from the last few years and compare private sector costs versus public sector costs paid.
Allow more competition for council contracts where possible to ensure ratepayers get better value for money.
Review costs such as vehicle, fuel and personal expenses to ensure the system is not being taken advantage of.
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