From April, the average household bill will increase to 34p per week (or .5 17.59 per year) and the average business rate to £ 4.44 per week (or 1 231.00 per year).
Mayor, Councilor William McCaggy said: “It is important that we, as a council, continue to work together to rehabilitate our community as we emerge from the epidemic, and to do our part to help our businesses and communities.” Focus on doing everything within the power. Growth and development.
“We started our pricing process in August last year, and are working around the clock to identify savings and utilities.
“This work has helped us to reduce the impact of tariffs on our citizens, as well as to maximize the resources at our disposal to ensure that critical assistance is available and We can invest in our borough and its infrastructure as needed. “
Alderman Billy Ashe MBE, Chair of the Council’s Policy and Resources Committee, said: “We will continue to face the same challenges as all the councils in Northern Ireland in the coming months and years, but we are committed to our rehabilitation and regeneration. But all sections of our society will remain steadfast. “
The average household rate bill would be £ 1,002.05 per annum. Based on the average cost of capital, it ranks homes 5th out of 11 council areas in Northern Ireland at Mid and East Interim Borough Council rates.
Similarly, the average business rates bill would be £ 12,237, which would rank the borough the 7th lowest of all councils, based on the average net annual value.
The council’s share of the rates is equivalent to 50% of the rate bills received by residents and 53.6% of the business rate bills in the Mid and East Interm, with the remainder of each set through the Stormont Executive.
Meanwhile, Antrim and Newtownabbey’s neighboring boroughs saw the council strike, which is considered the lowest rate in Northern Ireland.
After much deliberation and current and projected inflationary pressures and cost increases, the Council has decided to implement a modest 1.9% increase in rates. Combined with the expected freezing of regional prices, this equates to a total increase of 0.84% or 15 pence per week for the average household and is well below the inflation rate.
The local authority noted that “this achievement strengthens the council’s reputation and holds the track record for the lowest rate of growth since the new council was formed in 2015.”