After six years of record-low rate increases, the City of Gosnells will increase rates by a modest 3.5 per cent for the 2023/24 financial year – despite national inflation being about 7 per cent.
Mayor Terresa Lynes said rates had not increased more than 2 per cent since 2017, however, the current financial environment was challenging for government, business and householders alike.
“With national inflation currently around 7 per cent, the City’s operating and capital costs are increasing significantly, but we are mindful that many ratepayers are facing cost-of-living pressures at the moment,” she said.
“Careful financial management has allowed the City to contain the overall rate increase to 3.5 per cent, while ensuring the City is able to provide the quality services and infrastructure our community needs.”
Every three years the Valuer General’s Office re-values all properties throughout the metropolitan area. This year, Gross Rental Values (GRV) of properties in the City have increased an average of 15 per cent. However, GRVs for some properties increased significantly more than this, while for others, GRVs decreased. This means individual rate notices may fluctuate by more than 3.5 per cent.
Mayor Lynes said the City would continue to deliver a comprehensive range of services, programs and infrastructure projects in 2023/24.
“This financial year, the City will invest in a $33.6 million capital works program, comprising 178 projects across the City’s 11 suburbs,” Mayor Lynes said.
“Highlights of this year’s budget include commissioning the detailed design for the Langford Indoor Netball Centre, continuing work on the Sutherlands Park All-Abilities Playground and starting work for the neighbouring Youth Entertainment Space. The construction of the Southern River Business Park will also begin, which will bring long-term economic benefits to the region.”
The Capital Works Budget includes $12.18 million on road projects and $764,000 on local area traffic management. Parks projects will receive $7.66 million, including $1.65 million for all-abilities playgrounds.
A wide range of services will continue to be provided by the City in 2023/24, supporting the community with large festivals and smaller localised events, seniors’ programs, youth and children’s programs, library services, heritage services and much more.
“Events and services are important because they enrich the lives of residents and encourage them to connect with each other, building a more supportive, resilient community,” she said.
Support for ratepayers experiencing financial difficulties will continue. People in such circumstances are encouraged to contact the City to organise a payment plan.
To learn more about the City’s 2023/24 Budget and major projects, visit the website at gosnells.wa.gov.au.
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