Mayor of Waimakariri
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.
Maintain one of the lowest rates increases in the country while funding depreciation and retaining the AA-/AA-1+ credit rating through Standard and Poors.
Implement a 150-year infrastructure strategy and take on debt to invest equitably without burdening today's ratepayers.
Maintain a high level of service while ensuring affordability for ratepayers.
Maintain one of the lowest rates increases in the country while funding depreciation and retaining the AA-/AA-1+ credit rating through Standard and Poors.
Implement a 150-year infrastructure strategy and take on debt to invest equitably without burdening today's ratepayers.
Maintain a high level of service while ensuring affordability for ratepayers.
Mayor
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