Thames-Coromandel District 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 good value for money for ratepayers and clear communication about spending and priorities.
Spend external money and exhaust external opportunities before ratepayer funds.
Re-establish open contestable community grants funding strictly adhering to community board priorities set in conjunction with the community.
Ensure good use of ratepayers' rates to provide services and facilities needed to maintain a vibrant, healthy and resilient Coromandel.
Implement financial management and planning systems that partner with local organisations and businesses to support council operations.
Explore investment opportunities and partnerships with neighbouring councils and businesses in Hauraki, including Pare Hauraki iwi.
Ensure good value for money for ratepayers and clear communication about spending and priorities.
Spend external money and exhaust external opportunities before ratepayer funds.
Re-establish open contestable community grants funding strictly adhering to community board priorities set in conjunction with the community.
Ensure good use of ratepayers' rates to provide services and facilities needed to maintain a vibrant, healthy and resilient Coromandel.
Implement financial management and planning systems that partner with local organisations and businesses to support council operations.
Explore investment opportunities and partnerships with neighbouring councils and businesses in Hauraki, including Pare Hauraki iwi.
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