THE City of Mandurah is considering a 2.5 per cent rates increase in the 2019-20 financial year.
The proposed rate rise will mean the minimum rates for residential improved properties is $1108.
Chief executive Mark Newman said Mandurah was in a vital growth stage and the rate rise was needed to enable the City to continue to provide and improve a range of services.
“This year’s budget and rates have been impacted by property revaluation, which is conducted every three years in Mandurah by the WA Valuer-General,” Mr Newman said.
“Revaluation impacts the rate amount by increasing or decreasing the Gross Rental Value (GRV), which can vary considerably.
“The challenge, as always, is to balance those things that we have no control over, with the requirements of our growing and evolving City.
“We pride ourselves on maintaining a financially responsible and aspirational City and our approach to the budget and its impact on the community aims to reflect that.”
Mayor Rhys Williams said the City was on track for a vibrant future with its focus on driving the economic wellbeing of Mandurah and the local community now and into the longer term.
“There is no doubt that parts of our community are facing challenges – unemployment and underemployment is an ongoing issue and people generally have less money to spend in our local business, putting pressure on our retail sector,” he said.
“Sadly, Mandurah isn’t immune to the cyclical down-turn in our national economy.
“Community, government and business need to keep working together to increase confidence in the long-run, while also supporting our businesses and our community with practical interventions now.
“Our strategy includes creating a vibrant city centre with places to meet, play and rest, increase tourism and boost local jobs.
“Building on Mandurah’s natural beauty, the City Centre Waterfront precinct is designed to reactivate the area to create an exciting space that will be a draw card for the local community and visitors, and hopefully enticing private investment into the City Centre.”
Mr Williams said council had recently created an economic development alliance with our neighbours at the Shire of Murray to deliver a series of transformational projects that seek to address long term unemployment challenges.
“These projects include attracting water-science and agri-business industries to the area, alongside the work being done out at Nambeelup Industrial Area and upgrades to the Murray Airfield,” he said.
“These projects will take time to come to fruition, but will, in time, reposition us as a significant contributor to the WA economy.
“Our community’s contribution is vital in helping us to deliver all this, to ensure our community is buffered from difficult economic times in the short term and prospers into the future.”
For more information on the revaluation visit Landgate.
The City of Mandurah will consider the rate rise for the purposes of advertising at tomorrow night’s meeting.
The proposed minimum rates for 2019/20:
Residential improved $1108
Business improved $1108
Business vacant $1108
Urban development $1108
Residential vacant $917