Following last week’s article in on the proposal to merge South Hams District Council with West Devon Borough Council, I have read the referenced website but find that it is just a statement of generalities. I have the following questions?
By how much is the SHDC council tax expected to rise year-by-year over the next 10 years, if staying separate and or if merging, including repayments on any loan.
The loan of £25m to be taken out by WDBC poses a big problem and eventually the sum will need to be repaid with interest. How will this burden be shared? I note that the population of SHDC is 83,000 and WDBC 53,000?
What skills does WDBC have in buying property for rent and how will it be protected if there is a crash in property prices, as some predict, so that it becomes subject to negative equity? I cannot believe that if there is real money to be made here the private sector will not have already mopped up the best opportunities.
Michael Stevens
Lower Contour Road
Kingswear
Comments
This article has no comments yet. Be the first to leave a comment.