The City of Belmont’s minimal rate rise of 1.75 per cent is anticipated to be one of the lowest in the State.
The City of Belmont’s 2017-2018 Budget was endorsed by Council at its Ordinary Council Meeting on Tuesday, 27 June.
The Budget maintains the City’s commitment to the community together with responsible planning for the future while delivering an extensive capital works program.
“The City continues its focus on low rate increases with only a 1.75 per cent increase in rate yield which matches the forecast inflation rate of 1.75 per cent,” City of Belmont Mayor, Cr Phil Marks said.
Increases have been kept to a minimum, however rate increases for individual ratepayers will vary as a result of the triennial revaluation of properties undertaken by Landgate to take effect at 1 July 2017.
“This year rubbish charges will increase by 1.74 per cent,” Mayor Marks said.
Approximately $31 million has been budgeted for capital works in the areas of buildings, parks, environment, streetscapes, roads, footpaths and drainage. This also includes $15 Million allocated for the new Community Centre.
“We have continued to enhance our activities in the area of Community Development, Community Wellbeing and remain focused on areas such as parks and reserves, road maintenance, the natural environment and community facilities as well as crime prevention, safety and security,” Mayor Marks said.
Significant projects in the 2017-2018 Budget include:
• Faulkner Civic Precinct Community Centre: $15 million towards the progression of the new multi-purpose community centre;
• Belmont Business Park Enhancements: $1,706,000 to further enhance street street parking within Belmont Business Park;
• Belmont Avenue Enhancements: $4,538,685 towards enhancing Belmont Avenue between Alexander Road and Great Eastern Highway including underground power
• Surrey Road Bike Boulevard: $1,700,000 for Stages 1, 2 and 3
• Foster Park: $450,000 for park upgrades;
• Volcano Playground: $555,000 Replacement of playground equipment and softfall plus facility renewal;
• Copley Park: $325,000 for stages 2 and 3;
Residents will receive more information on the 2017-2018 Budget with their rate notices.
Rates will arrive in letterboxes around 15 August 2017 with a due date of 18 September 2017.