News

Where the money comes from

3 April 2019

The Council uses a number of mechanisms to fund our operational and capital expenditure. Rates are expected to fund 60 percent of our operational expenditure.

We also collect revenue from fees and user charges, grants and government subsidies, and other sources such as interest and dividends from investments. Capital expenditure is funded through borrowings, grants and government subsidies, and development contributions for projects which aim to meet the demands from growth.