Ipswich Conservatives have put forward an amendment to the Borough Council’s 2012/13 budget which would see Town’s back rent debt increase by £17,000. Earlier this month, TWTD revealed that Town and IBC had settled their long-running spat regarding the debt of £654,702 with the Blues set to pay the cash over a period of six years in quarterly instalments.
The Conservative Group is proposing a 3% reduction in Ipswich's Council Tax via savings totalling £384,750.
Part of that is £17,000 raised through the withdrawal of an interest-free period granted to the club while negotiations were ongoing.
However, with IBC currently under Labour control, the amendment is highly unlikely to go through when debated on Wednesday.