Two Northern Ireland councils have implemented NI councils district rate increases for the financial year, potentially setting a precedent for other councils in the region. This move marks a significant development in local governance, with others expected to follow suit. The Causeway Coast and Glens Borough Council has announced a new district rate hike of 6.86% for April 2024 to March 2025, impacting both businesses and householders in the area. This decision, made during a special meeting, aims to address financial challenges and ensure the continued delivery of essential services.
- Causeway Coast and Glens Borough Council’s new district rate set at 6.86%.
- Businesses with a NAV of £10,000 to see an annual increase of £189.56.
- Householders to experience a yearly rise of £38.17 based on average capital value.
- Lisburn and Castlereagh City Council rates to go up by 3.98%.
- Financial pressures and waste management challenges cited as key factors.
the Causeway Coast and Glens Borough Council and Lisburn and Castlereagh City Council have implemented NI councils district rate increases for the upcoming financial year. This move aims to address the financial pressures faced by both councils and ensure the continued delivery of essential services.
NI councils district rate increase: increase reflects financial pressures
The Causeway Coast and Glens Borough Council’s rate increase comes in the wake of escalating utility and insurance costs, alongside high inflation rates. Mayor Steven Callaghan highlighted the financial strains, including the imminent closure of the last operational landfill site, contributing to the council’s budgetary challenges. The council’s £63.5m budget for 2024/25 reflects these concerns, despite efforts to mitigate the impact on residents and businesses.
Lisburn and Castlereagh Council Also Adjusts Rates
Meanwhile, the Lisburn and Castlereagh City Council’s smaller rate rise of 3.98% accompanies a cautious forecast of £128m capital spending for the year. Corporate chairperson Owen Gawith emphasized the council’s understanding of the cost of living crisis, noting the freeze on prices for various services. Despite the hikes, the council expects to maintain one of the lowest district rates for households and businesses in Northern Ireland.
|Annual Impact on Business (£10,000 NAV)
|Annual Impact on Householders (Average Value)
|Causeway Coast and Glens
|Lisburn and Castlereagh
|Less than Causeway Coast and Glens
|Lower relative increase
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Two Northern Ireland councils have implemented NI councils district rate increases for the upcoming financial year, potentially setting a precedent for the region. Facing various economic challenges, the Causeway Coast and Glens Borough Council has opted for a steeper increase of 6.86%, while Lisburn and Castlereagh City Council has chosen a more moderate rise of 3.98%. These adjustments are necessary to balance council budgets in the face of rising costs and ensure the continued delivery of public services, despite the financial strain felt by both businesses and residents alike.