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DERRY City and Strabane District Council today agreed its budget for the incoming 2025/26 financial year and set a district rates increase for ratepayers of 4.92 per cent.
This will see an average rates bill increasing by £28.96 per annum or 56 pence per week.
The regional rate, set by central government, will be determined by the end of March, and will also have an impact on the overall rates bill.
The budget was set at a special meeting of vouncil today, Monday, February 10, where it was highlighted that the increase comprised a 3.42 per cent baseline increase to cover the significant statutory financial challenges and service demands facing council along with a 1.50 per cent rates investment towards the financing of Ccuncil’s hugely ambitious and exciting capital strategy.
See Wednesday’s edition for full coverage.
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