3 PER CENT RATE RISE
TOWN of Cambridge residents can expect a moderate increase of 3 per cent to their residential rates. The Town has released its draft 2015-16 budget for public comment. Submissions on the budget close on Monday, July 13. The council is expected to raise $23 million in rates and will spend about $29 million on capital works. Of the capital works, $18.3 million will be spent on major projects including the City Beach Surf Club, the Wembley Golf Course Hospitality Project and Bold Park Aquatic Centre.