Local Authority Bill

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Local Authority Bill

A debt security issued by a local government. Local authority bills are usually used to raise capital for improvements in infrastructure or other aspects of the municipality. For example, a city or school district may issue a bill to build a new school or a new playground. Risk varies with the municipality and the particular type of municipal bond. The term is most common outside of the United States. See also: Municipal bond.
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Ministers are to overhaul the system for dealing with people who refuse to pay their local authority bills in a bid to boost collection rates.
But even with the rocketing council tax rates, which were among the highest in the UK, South Wales' local authority bills remain some of the cheapest.
Jamal Miknas, the managing director of The Gambia Telecommunications Company (Gamtel) said that Trust Bank electronic bill payment system will make it possible for customers to make payments of their unity bills, school fees, local authority bills, among other things through any of its 15 branches in the country.
George Osborne will tell MPs that local authority bills won't rise in England next year - thanks to Government aid.
The new top tax rate would allow student tuition fees to be axed and cut local authority bills for most homes.
A CONFERENCE which could lead to a revolution in the way people pay for council services or meet local authority bills was held this week.
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