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Navigating Council Tax Challenges: A Localised Approach to Rising Costs and Falling Income

In "The Perfect Storm - Phase 3," Director of Finance John Magness discusses the pressing challenges councils face, with rising costs and reduced income from business rates. This session highlights the importance of localism in adapting financial strategies, including closing the deficit, reforms in council housing financing, and enhancing transparency. Key initiatives such as council tax benefits, business rates retention, the New Homes Bonus, and the Community Infrastructure Levy are explored to help councils thrive amid economic uncertainties.

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Navigating Council Tax Challenges: A Localised Approach to Rising Costs and Falling Income

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  1. Council tax freeze The Perfect Storm - Phase 3 John Magness Director of Finance Rising Costs Localising Support for Council Tax Falling Income Business Rates Retention Localism

  2. Localism Drives the Changes • Closing the deficit • Council housing financial reforms • Council tax benefits • Business rates retention • New Homes Bonus • Community Infrastructure Levy • Greater transparency www.freefoto.com/preview/31-07-11?ffid=31-07-11

  3. The Big Freeze • The copper markets • More Quantitative Easing Picture by Richard Bartz 28 Jan 2008

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