Ramsey Town Commissioners have set the town rate for the 2015-2016 financial year at 348p in the pound.

The rate, which remains unchanged from the two previous years, was announced by lead member for finance Lawrie Hooper at the public board meeting held on Wednesday January 21st.

A report on revenue estimate details for 2015-2016 will be presented at the board’s next public meeting on Wednesday February 18th commencing at 7pm.