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.