Harringay online

Harringay, Haringey - So Good they Spelt it Twice!

Council tax payers face a £50 rise in bills because the recession has left town halls with a £900million black hole.

Rock-bottom interest rates mean town halls' £25billion investments will earn just £400million this year - way down on the expected £1.25billion.

Passing on the shortfall to households could see the average band D bill rise from £1,456 to £1,506.

Read the full story in the Mirror.....

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Which just means that this 'property based tax' for "Jersey House with magnificent grounds of 1.3 acres at the favoured Kenwood end of The Bishop's Avenue, with 20,000 sq.ft. of elegant accommodation over four floors .....etc., on the market for offers in excess of £40,000,000, will rise from £2,664 to £2,714 per annum - while OAE House on somewhat fewer acres at the desirable Milverton end of Wightman Road will see its 'property based tax' rise from a mere £2,490.24 to a still negligible £2,540.24 per annum - a full £173.76 less.

At least now we know where to pitch our asking price (offers in excess of ..., of course.) Think I'll put it in guineas, though.
Well, isn't that ironic ?

The recession has left me with a black hole in my retirement income which is partly dependent on investments.

I'm sure if I go to the Chief Financial Officer saying I can't afford to pay any increase in Council Tax, he will be entirely sympathetic.
Just as well that the £37,000,000 of our taxes that remain frozen in Icelandic banks from 10 months ago won't have any effect on our council taxes.

The previous council leader said that front line services would not be affected. This is credible because vast amounts of cash goes into the council coffers but it's not always matched by a corresponding level of output of services to the public, anyway.

The council has been awash with cash but due squander, there's often relatively little to show for it. It's a pity there's prodigious waste in some areas, because social services could have benefited from more in the past.


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