City of Swan adopts 1.8 per cent rate increase

City of Swan adopts 1.8 per cent rate increase

THE City of Swan council have adopted a 1.8 per cent rate increase and the 2018-19 annual budget, passing the lowest increase in more than 17 years.

Councillors debated between two possible scenarios of no rate rise and a 1.8 per cent rise.

Mayor Dave Lucas said the difference was only $36 for the year for ratepayers but allowed the City to stay on solid footing when trying to deliver key projects.

Cr Lucas said the rates increase was 0.7 per cent lower than last year’s rates.

“The City’s annual budget allows us to deliver the core services our resident expect, while planning for the future and improving key infrastructure for our community, including roads and facilities,” he said.

“We’ve given the annual budget careful consideration. Like everyday households, the city also faces increasing costs including electricity, water and motor vehicle registrations.”

The 2018-19 annual budget includes $1.4 million in land acquisitions, $23.9 million in building and construction, $4.6 million in draining infrastructure, $12.5 million in parks and reserves, $49.3 million in road reserves infrastructure and $23.6 million for other assets.

He said the budget was realistic and allowed the City to pay for planned works.

“We are investing $49.3 million in improving road reserve infrastructure and have committed $23.9 million to building construction and works,” he said.