£151,000 below budget due to lockdown
Loss of car park income has been blamed in part for a rate rise in Douglas.
The council held its budget debate yesterday where it said it was a ‘significant factor’ in hiking rates by 1.6 per cent.
From April to December last year the income from Shaw’s Brow and the Bottleneck was £151,000 below budget.
It's after parking charges were suspended during the lockdown.
Another £28,000 was predicted to be lost during this circuit breaker.
Isle of Man Government welcomes Middle East ceasefire
Israel and Lebanon have agreed a three-week pause in fighting
Police warn school leavers underage drinking has 'serious consequences'
Year 11s set to go on study leave over the next week
Gas supplier provides reassurance amid ongoing global market volatility
Isle of Man Energy expects any price rise in June to be 'modest'
Farmers in race against time after freight backlog in Heysham
Concern for crops and animals after delays to feed and fertiliser deliveries