On 22nd May 2017 in the Small Hall at Chelsea Old Town Hall at 6.30pm, Councillor Warwick Lightfoot, Cabinet-member for Finance and Strategy at RBKC, explained how the Council collects, spends, and invests our money.
Among other issues, he dealt with the setting and collection by RBKC of the Council Tax, and the setting by central government of the Business Rates. He explained that RBKC has very little power to help businesses affected by the recent increase in Business Rates. He was questioned on benchmarking the Council’s services and Councillors’ allowances against other local authorities and the private sector.
In answer to a question he explained that RBKC had sold the Thamesbrook site for £76million, and that although the Council would not be hypothecating this money for providing care for the elderly, the Council did have sufficient resources to provide a care facility elsewhere in Chelsea for those who would not be able to afford to live in the new Thamesbrook care home.