Contents
Appendix 4 - Costing of Selective Licensing Scheme
Licence fees
Application cost1 | £340 |
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Proposed enforcement fee | £460 |
Total licence fee | £800 |
Any properties that are licensed when the scheme ends in August 2023 will be eligible for a £300 discount.
Application cost1 | £340 |
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Proposed early bird enforcement fee | £160 |
Total licence fee | £500 |
The council will continue to offer a £50 discount to licence holders who are accredited at the time of applying for a licence.
1Note - The licence fee will be reviewed yearly and adjusted for any increase in costs.
Costs
The two tables below outline the cost of the Selective Licensing Scheme.
Staffing | £1,350,000 |
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Staff mileage and travelling | £5,000 |
Stock modelling | £60,000 |
Total | £1,415,000 |
Income - renewals at £500 with a 80/20 split of £50 accreditation discount | £243,000 |
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Based on licence fee of £800 with a 60/40 split for £50 discount | £1,030,000 |
Additional enforcement income (assume 5 FPN at £3k each) | £150,000 |
Total | £1,423,000 |