Mayor Phil Marks said the increase would be one of the lowest in the state and was lower than the forecast inflation rate of 1.75 per cent.
The average annual rates and rubbish charges will increase from about $1306 to $1320.
There will also be a 3 per cent increase to the State Government-imposed Emergency Services Levy.
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READ NOW“The budget is aligned with the City’s plan for the future and provides the resources to deliver on the significant social, business, natural and Built Belmont objectives,” Cr Marks said.
About $16.3 million has been budgeted for buildings, parks, environment, streetscapes, roads, footpaths and drainage.
An amount of $565,000 has been allocated for a local structure plan and implementation model for Development Area Six in Redcliffe, in co-operation with the WA Planning Commission.
The Golden Gateway and Ascot Kilns structure plan received $78,000, and $200,000 was allocated to the Great Eastern Highway corridor plan.
It will address land use, traffic and built form outcomes.
And $40,000 has been allocated for specialist external advice for the Joint Development Assessment Panel.
Cr Marks said the City remained focused on parks and reserves, road maintenance, the natural environment and community facilities as well as crime prevention, safety and security.
“We focus on areas that our community tells us are important to them and our Budget demonstrates that we remain responsive to their views,” he said.
Minimum payments have increased for residential (up 1.3pc), commercial (1.6pc) and industrial (1.6pc) rates to $800, $945 and $965, respectively.