Rising rates burden in retirement
There have been a couple of letters in the paper in response to the announcement of the annual rates rise.
Councillor Josh Chandulal-Mackay explained the need to levy sufficient rates to ensure that all necessary day-to-day expenditure, as well as any council investment necessary to stimulate and allow for the economic growth of our community, can still be carried out, while also trying to balance the ability of our rating base to continue to afford the cost of rates each year, and to ease the burden by spreading the cost over multiple years.
In this issue I support what Josh is saying as we know only too well from recent history about what happens when the powers that be, central government in this case, collect revenue from the people and do not keep up the necessary level of expenditure.
Following on from this point is the ongoing effect of continual increases in rates every year, and what that may look like when you get to the end of your working life.
