Friday, August 7, 2009
Mazarron Council in emergency meeting to reduce IBI for next year
Mazarron Council was in extraordinary session on 6th August to agree budget reductions for next year in view of the economic downturn. Highlights of decisions taken include:- the ordinances governing property taxes and the increase in land value have been amended such that the rate of IBI tax will for next year be reduced from 0.67 to 0.55 per cent, a reduction of slightly less than 15 per cent.-