Rates Debt Rises To £160 Million
A new Report from the Assembly Public Accounts Committee has raised concerns that the level of rate debt has almost doubled in the last five years rising from £88 million in 2006-07 to £160 million in 2011-12. A further £53 million has been written off since 2008-09.
Speaking at the launch of the report, Chair of the Public Accounts Committee, Michaela Boyle MLA, said: “The Committee recognises that the recent recession has made recovering rate debt more difficult. In these challenging economic times, Land & Property Services (LPS) which is responsible for ensuring that rates are collected, must explore all ways to help ratepayers in arrears pay their debt.”
View the report here...