SUBIACO COUNCILLORS TO VOTE ON RATE
CITY of Subiaco councillors will vote tonight on the 2016-17 Budget, including a proposed 4.1 per cent rate rise in a special council meeting.
Councillors last month opted to defer a decision on the budget and hold more discussions after community members protested a proposed 8.7 per cent rate rise.
The big increase had been proposed to offset the impact of the City of Perth Act.
Subiaco chief executive Don Burnett said the council had looked at all the options to keep the rate rise as minimal as possible.
“Council is mindful of the difficult economic times that businesses and households across the state are currently faced with, while also needing to take an approach that will be most beneficial for the City and long-term community,” he said.
“The City has made significant changes to mitigate the impact of the legislation, including reducing its annual operating costs by more than $3 million, however it was still left with a $1.3 million shortfall because of the Act.”
The City stands to lose $43 million over the next 10 years because of changes brought about by the Act, which came into effect on July 1.
Mr Burnett said the 4.1 per cent increase included an operational increase of 1 per cent rate and 3.1 per cent applicable to the City of Perth Act.
“As well as the proposed 4.1 per cent increase, the City will utilise a small surplus that has been carried forward and a one-off transfer from the waste reserve to cover the shortfall that has resulted from the Act,” he said.
“These measures have seen the impact halved to $650,000, which provides some breathing space.
“Over the next year, council will consider options to address the remaining $650,000 for 2017-18 and beyond.”