COUNCIL PRESS RELEASE
£1.5 Million Rates Saving for County
Warwickshire County Council to date
has made estimated savings of over £1.5million on reductions in rating assessments on its
properties including schools and offices.
The savings relate to the period 1 April 1995 to 31 March
2000 and are a direct result of appeals against the 1995 Rating Revaluation which ascribed
to all non-domestic property a new Rateable Value.
There are still over 300 appeals outstanding and
consequently further savings are anticipated over the 5 year period to which the 1995 list
relates. The majority of savings would benefit schools throughout the county.
Councillor Ken Browne, Chair of Resources Management
"I am extremely pleased that our appeals have been
successful and we have been able to make such substantial savings. The majority of
these savings benefit savings throughout Warwickshire and will also assist to support
improvements in other services."
MORE INFORMATION: Sarah Pell 01926