City of Vincent adopts 2016-17 budget with 2.9% rate rise

City of Vincent adopts 2016-17 budget with 2.9% rate rise

CITY of Vincent has passed its 2016-17 budget, with rates set to rise by 2.9 per cent.

The rate rise is slightly up from last financial year’s 2.8 per cent increase, which brought in almost $30 million.

The City spent six months preparing the document, with budget workshops held monthly since February, which was passed at last week’s ordinary council meeting.

Minimum rates payments for a residential property will be $1007, which is the second lowest after City of Perth’s $981, and $1414 for vacant commercial.

The City has more than 17,500 rateable properties.

City employee costs have gone up by 2.1 per cent because additional positions have been created to help deliver services.

More than $13 million has been budgeted for capital costs, up from the previous financial year’s $12.6 million spending, with $7.8 million put aside for infrastructure including $150,000 to trial a 40km/h zone south of Vincent and Bulwer streets.

More than $500,000 is also budgeted for the Roads to Recovery Program, which supports local road infrastructure maintenance.

The City will continue to invest in its cycling infrastructure with more than $290,000 to be spent.

Stage 2 of the Banks Reserve restoration project will set back the City $185,300 and another $20,000 to replace playground equipment there.

The City of Perth passed its latest budget at its June meeting, which had a 1.6 per cent rate rise for its ratepayers and the Town of Cambridge will experience a 2.7 per cent rate increase.

City of Vincent waste and recycling removal service

240L weekly waste collection $350

140L weekly waste collection $220

240L fortnightly recycling collection $95

360L fortnightly recycling collection $125