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.
Commit to reviewing council services with an intention to remove duplicate services provided by either central government or private sector.
Commit to reducing the commercial differential for businesses to encourage more businesses to Wellington.
Review council investments with an intention to divest investments that do not align with council strategy or do not provide value for money.
Maintain the council's share within Wellington International Airport noting its status as a natural monopoly and money earner for Wellington City Council.
Reassess how council uses debt limits to ensure asset and investment decisions are distributed fairly, accounting for the new water entity.
Investigate new tools to incentivise growth in good locations, such as a new development levy regime or a land value rating system.
Keep rates low by cutting wasteful projects and focusing on essential services ratepayers rely on.
Review underused council assets and reinvest funds into infrastructure such as roads and water.
Scrutinise every dollar of spending to guarantee maximum value for ratepayers.
Commit to reviewing council services with an intention to remove duplicate services provided by either central government or private sector.
Commit to reducing the commercial differential for businesses to encourage more businesses to Wellington.
Review council investments with an intention to divest investments that do not align with council strategy or do not provide value for money.
Maintain the council's share within Wellington International Airport noting its status as a natural monopoly and money earner for Wellington City Council.
Reassess how council uses debt limits to ensure asset and investment decisions are distributed fairly, accounting for the new water entity.
Investigate new tools to incentivise growth in good locations, such as a new development levy regime or a land value rating system.
Keep rates low by cutting wasteful projects and focusing on essential services ratepayers rely on.
Review underused council assets and reinvest funds into infrastructure such as roads and water.
Scrutinise every dollar of spending to guarantee maximum value for ratepayers.
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