‘Modest’ rate rise for Perth
CITY of Perth property owners will experience one of the lowest rates rises in the 2018-19 financial year with a 0.8 per cent increase.
Perth comes second to the Town of Cottesloe so far, with that western suburbs local government proposing 0.7 per cent.
The City of Perth’s “modest” rate rise was 1.5 per cent in the 2017-18 financial year.
The new financial year will have the City of Perth bring in $90.2 million from rates, which includes residential, retail, commercial, vacant land and hotel, which is $934,000 more than the current financial year.
Those that own an empty block will be charged 6.25 cents in the dollar, while commercial and hotel will both be charged 5.56 cents in the dollar.
Grants and subsidies have increased by $214,000 compared to the current budget, with $675,000 for the Smarter Cities and $375,000 for the Ozone Reserve artesian bore project.
However, recurrent grants have decreased by $97,000, primarily due to a decrease in budgeted Skyworks grant funding by $65,000 to $435,000.
Rubbish collection fees are projected to go up by 2.7 per cent, or $260,000, to recover the 13.9 per cent increase in the City’s landfill disposal charges.