We agreed a district rate increase of 1.99 per cent for 2020 - 2021.
Each year we estimate our income and expenditure for the next financial year. Based on these estimates, we set a district rate for that financial year. The money that we get from district rates enables us to deliver our services during the year.
This low increase had been made possible by making continued efficiencies across the council, while also delivering on major capital investment for the ratepayers of the city. Three new leisure centres had recently opened as part of our £105 million leisure transformation programme. We also invested almost £50 million directly into communities as well as supporting local regeneration projects and supporting local tourism, new jobs and social economy initiatives. Find out more about our Belfast Agenda and Corporate Plan.
We committed to:
- providing high standard services
- value for money services and
- investing in our citywide and local facilities
We also supported the growth of the economy and created job opportunities by supporting the development of office accommodation, hotels and retail as part of city centre development.
The 1.99 per cent district rate increase meant an average increase of:
- 63p per month, or £7.61 per year, for a house
- the increase for businesses was dependent on the Revaluation 2020 carried out by Land and Property Services (link opens in new window), which came into effect in April 2020.