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Council coffers keep taxes low
THE latest tot-up reveals that East Lindsey District Council holds £26.58-million in its investment coffers.
The money is mostly held in accounts with British banks.
Some councillors have called for more of the money to be invested in services and job-creation activity, but the administration’s policy is to use the interest to help keep a lid on council tax rises.
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Friday 24 May 2013
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