Quote:
Originally Posted by g jones
Once again cr*p. Sloppy research.
District raised £3.5m in 1999 and now raise £5.25
Band D has gone from £148 in 1999 to £221
Both around 66%
CPI inflation is around 16% over the period.
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£3.5m to £5.25m is 50%, you're 16% out.
Your 2008 figure for Band D is incorrect, and I suspect your 1999 figure is too, but I don't have them on me so I can't work out the percentage.
Take Band B:
1999: £117.84
2008: £170.84
Increase of 45%, you're 21% out.
Take Band C:
1999: 134.68
2008: 195.24
Increase of 45%, you're 21% out.
Since Band A, B, C all give 45% increase using the correct figures, I can only assume your Band D figures are incorrect.
Is it any wonder Labour had a 2% council tax rise budget with 40 uncosted parts, when they can't addup?
CPI might be 16%, but a more accurate measure is RPI which is 33%. The inflation on goods is not equal to how much wages have risen. And it was Brown in 2003 that changed to the HICP which is now renamed to CPI.