More than £116 million in unpaid property rates is owed by approximately 43,000 property owners in Northern Ireland, according to the Finance Minister. Efforts are underway to recover these outstanding amounts, which represent a significant shortfall in local government revenue.
The unpaid rates cover a wide range of properties, and the government is emphasizing the importance of addressing this issue to ensure the continued funding of public services.
**Why this matters**
Property rates are a key source of funding for local councils and public services in Northern Ireland. The large amount of unpaid rates could impact the delivery of essential services such as waste collection, road maintenance, and community programs. Recovering these funds is critical to maintaining financial stability and supporting local infrastructure.
Source: NewsData