Council taxes in Redbridge are to rise for the first time in six years, the council has announced. A band D house will be charged an extra Â£24.69 a year, with an overall increase of 1.78%.
The council has been dealing with an overall reduction in funding from central government of Â£100m, and has been facing a steadily increasing population in the borough. Many of the savings have been made in so-called “back office” operations.
The full list of charges is as follows:
|Band||Property value||Charge 2016/17||Charge 2015/16|
|A||Â Up to Â£40,000||Â£943.48||Â Â£Â 927.02|
|B||Â Â£40,001 – Â£52,000||Â£1,100,73||Â Â Â£1081.52|
|C||Â Â£52,001 – Â£68,000||Â£1,257.97||Â Â£1236.02|
|D||Â Â£68,001 – Â£88,000||Â£1,415.22||Â Â£1390.53|
|E||Â Â£88,001 – Â£120,000||Â£1,729.71||Â Â Â£1699.54|
|F||Â Â£120,001 – Â£160,000||Â£2,044.21||Â Â£2008.54|
|G||Â Â£160,000 – Â£320,000||Â£2,358.70||Â Â£2317.55|
|H||Â More than Â£320,000||Â£2,830.44||Â Â£2781.06|