Good news for local ratepayers

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Limavady borough ratepayers appear to be the biggest winners in a rates shake-up due to the merging of the new Causeway Coast and Glens District Council.

As reported in the ‘Journal’ last week, ratepayers across the district will see their rates decrease by 13.49% after the shadow council agreed to an overall 1.5% increase at a meeting last Thursday.

Ratepayers in the Coleraine Borough will see an 11.29% hike in their rates, while Ballymoney rates have increased by 1.47%. Moyle ratepayers will also see a decrease of 4.65%.

The 1.5% rise in rates for Limavady borough householders would mean on a house worth £200,000, for example, Limavady rate-payers can expect to save £100 annually.

Sinn Fein Councillor Sean McGlinchey and SDLP Councillor Gerry Mullan said the new rate was good news for people in the borough.