Mandurah adopts 2 per cent rates increase in 2018-2019 budget

City of Mandurah.
City of Mandurah.

THE City of Mandurah has unanimously adopted a two per cent rates increase in the 2018-2019 budget.

Chief executive Mark Newman said the strong budget had many new initiatives and only a minor increase in rates.

He said the City did not have an economic hub despite showing higher than average population growth over several years.

“In Mandurah this has resulted in a bias towards the retail and construction sectors as major employers,” he said.

“Although employment creation occurs largely through Federal and State Government policies, the City has a role to play in advocacy, employment attraction and activation of business areas.”

He said two key initiatives were being introduced – a long term economic and jobs plan aimed at identifying specific projects to increase employment, and a city business unit to provide short term activation and long term redevelopment of the city centre.

Sections of the community were struggling financially, Mr Newman said.

Part of the reason for a modest rates increase recognised the issue but it was important for the City to maintain its financial sustainability.

The council also adopted a rates instalment interest rate of 5.5 per cent to apply to the second, third and fourth instalments.

Rates represent about 70 per cent of the City’s operating budget.

Comparisons:

Rockingham 3.6 per cent, Kwinana 3.5 per cent, Mundaring 3.1 per cent, Victoria Park 3 per cent, Joondalup 2.95 per cent, Wanneroo 2.95 per cent, Nedlands 2.95 per cent, Fremantle 2.9 per cent, East Fremantle 2.5 per cent, Claremont 1.9 per cent, Cockburn 1.9 per cent, Swan 1.8 per cent, Melville 0.9 per cent, City of Perth 0.8 per cent, Cottesloe 0.7 per cent.