Mayor of Waitaki
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.
Explore targeted rates, if necessary, to only impact those who will benefit from specific council spending activity.
Focus spending on accomplishing only essential tasks and prioritise remaining money on areas that make the biggest difference.
Continue evolving future plans made in the WDC Property Strategy 2023 regarding property considered surplus to reduce debt.
Explore targeted rates, if necessary, to only impact those who will benefit from specific council spending activity.
Focus spending on accomplishing only essential tasks and prioritise remaining money on areas that make the biggest difference.
Continue evolving future plans made in the WDC Property Strategy 2023 regarding property considered surplus to reduce debt.
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