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Council Tax hike
HACKNEY households will have to pay an extra 65p a week in council tax from this April to fund the 2012 Olympic Games and extra police.
The London Assembly approved mayor of London Ken Livingstone's budget last week, raising the precept- the tax which the Greater London Authority levies from London boroughs - by £33.80 a year.
The 13.3 per cent hike on the precept means the owner of the average band D property will pay nearly £290 to the mayor.
Nearly 5.5 per cent of that will largely go to meet the cost of running the police, the fire services and Transport for London. The other 78 per cent, or 38p a week, will go towards funding the Olympics.
FOR THE FULL STORY SEE THIS WEEK'S GAZETTE AVAILABLE FROM THURSDAY FEBRUARY 23.
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