Freeze in District Council rate
The agreed Domestic rate will be 0.3568 and Non-Domestic rate 24.4776 - a freeze in the district rate for Council when compared to last year.
Assuming the regional rate increase is set at 1.7% the following table sets out what the actual impact for a domestic ratepayer in the council area will be in monetary terms in relation to a house with a rateable value of £200,000:
Causeway C&G
2015: £1,522.00; 2016: £1,535.80; Change £13.80 (0.91%).
Coleraine
2016: £1,465.03; 2016: 1,493.07, Change £28.04 (1.91%)
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Hide AdThe table also shows the effect of the rates convergence discount applicable in the former Coleraine council area which is reducing from 80% last year to 60% this year.
In terms of non-domestic rates the following table shows examples of a property with an NAV of £20,000, this table also takes into account the rates convergence discounts applicable in the former Ballymoney, Coleraine and Limavady council areas which, as with domestic properties, is reducing from 80% to 60% this year.
Causeway C&G
2015: £11,267.52; 2016: £11,375.84; Change: £108.32 (0.96%).
Ballymoney
2015: £11,159.14; 2016: £11,294.56; Change: £135.41 (1.21%).
Coleraine
2015:£11,043.51; 2016: £11,207.84; Change: £164.32 (1.49%).
Limavady
2015: £11,265.69; 2016: £11,374.47; Change: £108.78 (0.97%).