2 Replies Latest reply: Mar 22, 2016 2:58 AM by 545477 RSS

    Own-Source Revenues: Challenges and Opportunities

    545477 C4D Extraordinaire

      A Local Authority’s performance in terms of mobilizing own source revenue is a key factor in determining its creditworthiness.  Own source revenue is the component of total revenue that is principally under control of the Local Authority and therefore subject to its direct intervention for improvement.

       

      Many sides to be discussed on this topic, so let's start with an unusual suggestion... Have you ever considered charging user fees on the views of your city? See below an interesting article from the New York Times, by Max Frankel, December 30, 2015.

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      Abstract: "The window tax would be legally enacted as a user fee. In principle, each tenant with a great vista would be paying a royalty for the privilege of consuming the city’s boundless beauty (...). And the proceeds of the tax would be spent on sustaining and enhancing the parks, streets and waterways they gaze upon."

       

      See full text attached below. Link HERE to original article.