Council Strikes Great Deal for Residents and Businesses across the Borough
08 February 2016
At a Special meeting on 8 February, Antrim and Newtownabbey Borough Council agreed its District Rate, which will come into effect on 1st April 2016.
Over the year, Antrim and Newtownabbey Borough Council has once again identified a range of efficiencies and is delighted to announce a decrease of 0.49% in domestic rates within the Antrim area, while households in the Newtownabbey area will see another 0% increase. There is further good news because non-domestic ratepayers across both Antrim and Newtownabbey areas will benefit from a 0.49% reduction in rates.
Mayor of Antrim and Newtownabbey Borough Council, Councillor Thomas Hogg commented; “I am pleased that the ratepayers in the Newtownabbey area will experience a freeze in their rates for the third year running, whilst those in Antrim receive a rates freeze and subsequent reduction for what is now the second year running.
Despite having an ambitious capital programme of approximately £22 million, the Council has still been able to achieve efficiencies whilst delivering excellent services for its residents. The high profile V36 scheme in Newtownabbey is an example of a fantastic scheme delivered to make real improvements for our residents, and in Antrim, work continues on the exciting Allen Park improvement which we look forward to completing later this year.
It is good news too for local businesses, with a reduction for our non-domestic ratepayers across the Borough. I know our local businesses will be pleased to hear this as any reduction in outgoings is welcome during these challenging economic times. It is great to deliver such good news to our citizens.”
The Regional Rate, the portion of all Rates bills which is determined by the Northern Ireland Assembly, and the same across all Council areas, has increased by 1.71% from 2015/16. Any increase that residents see this year in their rates bills will be due to the regional rate only.