Mayor of Porirua
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.
Contain rates rises to the lowest in the region for 2025/26 by reducing staff and cutting programs.
Maintain low parking charges while raising other fees and charges where impact was on the user.
Secure Standard and Poor’s high rating in recognition of solid financial performance in council’s leadership in achieving this.
Contain rates rises to the lowest in the region for 2025/26 by reducing staff and cutting programs.
Maintain low parking charges while raising other fees and charges where impact was on the user.
Secure Standard and Poor’s high rating in recognition of solid financial performance in council’s leadership in achieving this.
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