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West Mids ITA levy cut by 5%

05 February 2016
 

Council leaders in the West Midlands conurbation are to cut the levy to the West Midlands Integrated Transport Authority by 5% in 2016/17 to £124.8m, down from £131.4m this year. WMITA will use almost £1m of reserves in 2016/17 to take total revenue expenditure up to £125.8m. The levy in 2015/16 already represents a 10% reduction on the 2013/14 level. A further levy cut of £4.2m is planned over 2017/18–2018/19. In 2016/17, 44% (£55.2m) of the...

+42% more

 

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