Let me be clear: no, there will be no such penalty. I shall go further. Part of the decision is a judgment about the affordability of the proposal. As in all such circumstances, various configurations of the figures are offered. We have recruited independent experts through the Chartered Institute of Public Finance and Accountancy, who have given me an independent assessment and advice on the financial case and how strong it is. They have looked at all the figures submitted by all the interested parties. Those experts judge that the affordability criteria are low risk. They confirm that, based on the figures submitted by the county, the expectation is that once the changes are made, the reforms will result in annual efficiency savings of some £9 million a year. It may be of interest to the hon. Gentleman's constituents to know that that equates to a saving of some £93 per household in every band D council tax property. I hope that that is helpful.
Local Government
Proceeding contribution from
John Healey
(Labour)
in the House of Commons on Tuesday, 19 February 2008.
It occurred during Legislative debate on Local Government.
Type
Proceeding contribution
Reference
472 c302 
Session
2007-08
Chamber / Committee
House of Commons chamber
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2023-12-16 01:29:57 +0000
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