Because Shepherd's Bush is located within the London Borough of Hammersmith & Fulham (LBHF), its rates are tied directly to the local authority budget. And these are in dire straits.
UK Govt Fair Funding Review
The council faces severe financial pressure due to central government's "Fair Funding" review, which cuts central funding from historically low-tax boroughs and redistributes it to other regions. As a result, Hammersmith & Fulham is losing a massive 40% of its £222 million annual budget.
The council faces severe financial pressure due to central government's "Fair Funding" review, which cuts central funding from historically low-tax boroughs and redistributes it to other regions. As a result, Hammersmith & Fulham is losing a massive 40% of its £222 million annual budget.
Local taxes will have to rise dramatically, potentially as much as 150%. So if your Council Tax is currently £2,000, you might have to pay £5,000 in future. The best outcome appears to be a 100% tax rise - a doubling of Council Tax.
Publication Consultations
LBHF is launching public consultations to gather resident feedback on managing the budget deficit. You can read the full story here or here at The Guardian.
The Shepherd's Bush Blog offers a personal view on life in Shepherd's Bush. If you would like to contribute a story, email us at shepherdsbushblog(at)gmail.com.
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