City of Joondalup’s proposed 1.95% rate increase its lowest in more than 15 years

The City of Vincent has raised rates by 2.7 per cent, one of the lowest in Perth
The City of Vincent has raised rates by 2.7 per cent, one of the lowest in Perth

THE City of Joondalup is proposing an overall rate increase of 1.95 per cent for the 2017-18 financial year – the lowest increase in more than 15 years.

A document from this month’s council meeting states the City’s draft budget requires $97 million in rates, which equates to a 1.95 per cent increase from 2016-17.

It is proposed the City continues to implement differential rates, first introduced in 2008-09, to “maintain the distribution of the rate burden between residential, commercial and industrial properties”.

This also applies to improved and vacant land, with a higher rate on vacant land to “promote and encourage development”.

This financial year, a revaluation will apply.

“There are modest differences in the valuation increases for 2017-18,” a council document said.

“This will influence consideration of differential rates for 2017-18.”

It said average increases for improved residential and commercial were 2 per cent and improved industrial was 8 per cent.

The minimum payment has been set at $863 for improved residential properties and $883 for vacant residential and all commercial and industrial land.

Councillors voted unanimously to advertise the proposed rates for public comment.

Submissions close 4.30pm in June 12.

A further report, including public feedback, will be presented to the council at a future meeting.

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