Mayor flags fu­ture rates fall

Western Suburbs Weekly - - News - By SO­PHIE GABRIELLE

THE Town of Cam­bridge coun­cil has ap­proved a rate in­crease of 3 per cent but Mayor Si­mon Withers said it was pos­si­ble rates would de­crease in the fu­ture.

The 2015-16 bud­get was ap­proved at a spe­cial coun­cil meet­ing on July 20 with few changes since the draft bud­get went out for public advertising.

Mr Withers said the new de­vel­op­ments in West Leed­erville, as well as the Perry Lakes apart­ments, would help keep rates down in the fu­ture and Cam­bridge could pos­si­bly en­ter a pe­riod where rates go back­wards.

“We have reached a level where we are fund­ing de­pre­ci­a­tion with all the new dwellings around West Leed­erville,” Mr Withers said.

“Waste rates haven’t gone up at all. I think, in the fu­ture, rates will rise very slowly be­cause of the new de­vel­op­ments and the Perry Lakes apart­ments will help keep rates down.”

A coun­cil re­port said the Town’s to­tal rev­enue bud­geted was $50.6 mil­lion, in­clud­ing $23.4 mil­lion rate rev­enue and $15.7 mil­lion in fees and charges. It said the to­tal op­er­at­ing ex­pen­di­ture was $43.5 mil­lion, with a fur­ther $38.6 mil­lion al­lo­cated to cap­i­tal works.

The ma­jor change to the fi­nal bud­get was the al­lo­ca­tion of $210,000 to seal Crofts Lane, af­ter an in­crease in Road to Re­cov­ery fund­ing by the State Gov­ern­ment of $153,000.

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