On Air Mandate The News Team | 7:30AM - 8:30AM

Douglas Council to announce budget for year ahead

Event live streamed on Facebook

Ratepayers in Douglas will find out today whether they'll be asked to pay more, as the Island's largest local authority prepares to announce its budget for the year ahead.

A special public meeting of Douglas Borough Council will be held at 10am in the Town Hall; the event is also going to be streamed online via the Council's Facebook page.

Members will be asked to agree that standing orders are suspended to allow longer speeches from the chairs of the executive, housing and pensions committees.

Council Leader David Christian will present a budget report paper and a recommendation for the rate, which is levied from all rateable property in the capital to fund Council spending.

The current rate is set at 419p in the pound following a 2.7 per cent rise last year; in 2017 rates crept up 1.49 per cent.

Mr Christian had warned last year that rate setting for year 2019-2020 would be 'challenging', and anticipated an extra burden of £200,000 due to pension changes.

He also highlighted a pay award settlement and increases in tipping charges at the energy from waste plant as financial pressures which affect budgets.

More from Isle of Man News