Algorfa council has slashed the IBI Property Tax by nine percent, which in some cases could see homeowners pay 200 euros a year less in tax.

PSOE socialist mayor Manuel Ros claims that the cut is down to “good financial management, despite having to deal with the financial inheritance of the previous Partido Popular mayor”.

Ros said that his administration, which came to power over two years ago, inherited a debt of five million euros, which they’ve brought down by a million euros in the last year.

They have also scrapped the previous PP council’s plans to increase IBI rates to help deal with the debt.

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