BALLYMONEY Borough Council has struck this year’s rates estimate at an amazing 0.25% decrease to the ratepayer.
The figure was reached at a meeting on Wednesday, February 12 after a lengthy discussion and saw a number of reductions in spend put forward on behalf of the DUP grouping.
After months of discussion, compromises were still being made at the very last minute. However following ‘cut-off’ discussions among all members present the revisions were finally agreed and the meeting adjourned for 45 minutes to allow the Director Central and Leisure to do calculations.
The proposal by Cllr Ian Stevenson, seconded by Alderman Bill Kennedy, saw that Council approve estimates of income and expenditure with total net expenditure of £8,251,791, and set district rates, non-domestic property rate of 27.4006 pence and domestic property rate of 0.3516 pence, for the financial year 2014/15, an decrease of 0.25%.
It was also proposed by Alderman Kennedy and seconded by Cllr Jason Atkinson that Council approve the Minimum Revenue Provision (MRP) Policy Statement 2014/15 while Alderman Kennedy and Cllr Alan McClean approved the Prudential Indicators.
Reports by Chief Financial Officer, (the Chief Executive) on the robustness of the estimates and on the reserves agreed were proposed by Alderman Frank Campbell and seconded by Cllr Atkinson.
The Capital Programme 2014-15, as revised at Council Meeting on 28 January 2014 was approved.
The rates reduction was even achieved with money being allocated for some big schemes including the mulit-use sports hall extension at the Joey Dunlop Leisure Centre (£4,625,000), additional pitches at Riada Playing Fields (£750,000), Riverside Park: implementation phase (£500,000), Cloughmills Old Mill Buildings Project (£500,000), Cloughmills Sports Pitch Scheme (£450,000) and Depot Office extension (£300,000).