THE City of Belmont’s rates are set to rise by 1.75 per cent this financial year, in line with forecast inflation.
Average annual rates for residents will rise from approximately $1321 to $1344 according to the City, which will include rubbish charges but exclude the State Government’s emergency services levy.
Rate increases for individual ratepayers will vary as a result of the three-yearly property evaluation undertaken by Landgate.
The 2017-2018 budget was endorsed by council at an |Ordinary Council Meeting late last month, with $31 million budgeted for capital works in the area.
These works include $15 million towards the new multi-purpose community centre, $1,824,130 for installing underground power on Belmont Avenue, $954,220 for installation of upgraded street lighting in Belmont Business Park, and $1.7 million for stages one to three of the Surrey Road Bike Boulevard.
The volcano playground will be upgraded, with $555,000 allocated for the replacement of playground equipment and softfall, plus facility renewal.
Mayor Phil Marks said the latest budget continues to focus on providing a broad range of events for the community.
“We focus on areas that our community tells us are important to them and our budget demonstrates that we remain responsive to their views,” Mr Marks said.
“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.”
Residents will receive more information on the latest budget with their rate notices.