Local Govt rating income up 6%

Stats NZ has published accounts for all of for 2014.

They show taxation revenue up from $4.81 billion to $5.11 billion – a 6.2% increase – way beyond inflation. That’s an extra $300 million taken out of NZers pockets.

My proposal:

  1. Have Stats NZ calculate the inflation cost for Local Government (LGI)
  2. Pass a law saying no Council can increase their overall rates income by more than the LGI per capita
  3. If 10% of residents petition for a referendum, then a referendum can approve a rates increase higher than the above

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