

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.

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.
Keep rates fair and spending focused on community benefit and explore shared services with other local authorities to reduce council costs.
Advocate for alternative revenue like dividends and communicate clearly how rates are used and why.
Align budgets with long-term regional needs.
Look at the contribution Port Taranaki provides and see if it can be increased.
Seek funding opportunities from central government.
Commit to sustainable environmental policies in the regional long-term plan while mitigating costs where possible.
Obtain certainty around the future financial position of the Port of Taranaki to more reliably forecast future revenues.
Keep rates fair and spending focused on community benefit and explore shared services with other local authorities to reduce council costs.
Advocate for alternative revenue like dividends and communicate clearly how rates are used and why.
Align budgets with long-term regional needs.
Look at the contribution Port Taranaki provides and see if it can be increased.
Seek funding opportunities from central government.
Commit to sustainable environmental policies in the regional long-term plan while mitigating costs where possible.
Obtain certainty around the future financial position of the Port of Taranaki to more reliably forecast future revenues.
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