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Rates go up £15 a year as Council strikes 3.46% increase
5 Feb 2019
Derry City and Strabane District Council has given its backing to a 3.46% rates increase. Council said the increase would allow investment in new services and strategic projects that were closely aligned to its City Deal proposition with the aim of driving continued growth in our City and District. The Council said negotiations are progressing towards a City Deal with this year’s rates proposals providing £20 million of investment towards a number of strategic capital projects including; the expansion of Ulster University’s Magee campus, the enhancement of connectivity, development of the city, town centres and a major tourism attraction as well as ambitious new strategic lesiure facilities at Templemore and Strabane Town. The increase means an average incrase of £15 a year for householders.
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