On-Air Now
Facebook

Savings and reserves keep Onchan's rates low

Thu, 24 Jan 2019


A combination of savings and healthy reserves have helped keep Onchan Commissioners rates low, according to the authority’s lead member for Finance.
 
It was announced this week the rates would go up two per cent, to 318 pence in the pound.
 
Robin Turton says the rise will help the commissioners ‘hold even’, and pay all costs anticipated in the next financial year.
 
Rates were frozen by the local authority in 2018, and over the last three years have risen 1.6 per cent.
 
Local Democracy Reporter Ewan Gawne asked Mr Turton to explain how the commissioners have managed to keep the rates so low:
 

Media

  • Turton Rates

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed