Proposed rate model released for 17/18
24 Apr 2017
City of Karratha Council will seek public feedback on its proposed rate model for 2017/18 financial year.
The proposed model will see a modest increase of 1.5 per cent compared to the 3.35 per cent identified in the City’s Long Term Financial Plan.
The increase which is in line with Australian CPI is equivalent to an average of $35 per ratepayer.
City of Karratha Mayor Peter Long said it was anticipated that a reduction in the domestic bin fee would result in a negligible financial impact for most homeowners.
“We’re tracking really well against our long term financial targets and with a number improved efficiency measures delivered by the City, Council was able to consider a more modest rates increase next financial year than initially anticipated,” Cr Long said.
“Council has also critically reviewed its other fees and charges that are levied on ratepayers and anticipates reducing the domestic bin charge in 2017/18, which will result in a net reduction in fees and charges for the residential property owner.”
The proposed rating model will generate $40.7 million or approximately 33% of the City’s total projected income of $117.7 million for 2017/18.
“Rate generated income is relatively low with the majority Council’s revenue coming from other sources including government grants, the private sector, fees and charges and interest payments.”
The proposed rates model will be publicly advertised from May in accordance with statutory requirements.
Community feedback will be considered prior to a final decision on 2017/18 rates being made in late June.