City of Rockingham ratepayers set for 3.6% increase

City of Rockingham ratepayers are set for another increase to their rates.
City of Rockingham ratepayers are set for another increase to their rates.

CITY of Rockingham residents can have their say on proposed rate increases of 3.6 per cent after council passed the 2018-19 financial year budget for public comment at last night’s meeting.

A growing population was again cited as the reason for an increase with there being a need for new infrastructure along with preserving current City assets.

The increases translate to a $40 increase on the current minimum rate of $1118 to $1158.

Ratepayers will have a month to submit in writing to the City their thoughts on the proposed rise.

An alternate motion by councillor Lee Downham for a proposed increase of 3 per cent was lost 8-1 with the councillor himself the only one to vote in his motion’s favour.

A report presented to council stated the City needed to collect $87.23 million in rates to service its current and future requirements.

If the increase is passed it is expected to net the City $86.27 million in revenue.

The figure does not include interim rates which are expected to account for the shortfall.

Passed by an absolute majority, the motion presented a differential rate of 7.00958 cents in the dollar on residential land and 8.288 cents in the dollar on non-residential land for Gross Rental Valuation (GRV) Properties, and 0.1033 cents in the dollar on Unimproved Value properties.

The minimum rate on all GRV properties will be $1158 and for unimproved valuation properties the minimum rate is set to remain $630.

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