Council strikes District Rate for 2021/22
Thu, February 25, 2021
There will be a 2.49% increase in both the Domestic and Non-Domestic District Rates set by Causeway Coast and Glens Borough Council for the year commencing April 1st 2021.
The decision was taken by Council members at a meeting on Thursday 25th February and follows a concerted effort to minimise the impact on the local ratepayer.
Due to budgetary pressures, including increased waste contract and insurance costs, together with the continuing uncertainty regarding COVID-19, this action is necessary to protect services.
The rate factors which will be applied from 1st April 2021 are:
For a domestic property with a capital value of £161,000 (average house price across Causeway Coast and Glens) the increase equates to 30p per week or £15.60 per year.
For a rate payer in a domestic property with a capital value of £100,000 the increase is comparable to 19p per week or £9.69 per year.
Since its formation in 2015 the Council has controlled the pressure on local businesses with annual increases of 1.5%, 0, 0, 0, 1.5% and 0.
Taking account of the regional rate being frozen for the coming year this means the increase to the ratepayer, both domestic and business, will be just over 1.1%.