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Utica taxpayers will see a nearly 14% tax increase under the 2024-2025 budget. In signing the budget, Mayor Mike Galime vetoed 19 of the 33 budget amendments passed by the Utica Common Council in ...
Usually local authorities with social care duties can only raise council tax every year by up to 4.99% without a referendum, while others can increase it by up to 2.99%.
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Financial problems were expected to persist for several years; the council had estimated a gross budget deficit of £50.903 million for the 2024-25 financial year by July 2023 which, even with initial cost-cutting measures being put in place and council tax being increased by the maximum 4.99%, would leave a funding gap of £16.213 million.
Council Tax Benefit was a means-tested rebate that potentially rebated 100% of a claimant's Council Tax bill. The rebate would be reduced by a fifth of any qualifying income above a certain level; benefits did not qualify for this calculation, but most other income did. In effect, Council Tax Benefit was a rebate for people with low incomes.
Yes, I get that council tax rates are set by the council, but without giving the reader a rough idea about how much council tax is, it could just as well not exist. Really, I'm going to be bold and put this right at the beginning of the article, where people can get a clear idea of how significant this tax is. RandomP 19:50, 10 March 2006 (UTC)
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Portsmouth's tax rate is $16.13 per $1,000 of property valuation for fiscal year 2024, city leaders announced Friday. The tax rate is 93 cents per $1,000 higher than fiscal year 2023.