Source of funding

Te pūtake pūtea

61 percent of our operational expenditure is proposed to be funded from rates. The remainder will be funded from user fees and charges, ground and commercial lease income, dividends, grants and government subsidies.

Our rates revenue is split between targeted rates and general rates.

General rates are paid by all ratepayers and applied to services which benefit the whole community, for example parks, libraries, pools, and roads and footpaths.

Targeted rates are paid by a specific group of ratepayers who receive a specific service – for example water, stormwater and wastewater services, commercial sector and business improvement districts (BIDs).

Te pūtake pūtea

61 percent of our operational expenditure is proposed to be funded from rates. The remainder will be funded from user fees and charges, ground and commercial lease income, dividends, grants and government subsidies.

Our rates revenue is split between targeted rates and general rates.

General rates are paid by all ratepayers and applied to services which benefit the whole community, for example parks, libraries, pools, and roads and footpaths.

Targeted rates are paid by a specific group of ratepayers who receive a specific service – for example water, stormwater and wastewater services, commercial sector and business improvement districts (BIDs).