City of Subiaco - ​Average rate saving of $140 for households in City of Subiaco budget
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​Average rate saving of $140 for households in City of Subiaco budget
Wednesday 19 August 2020
 

Budget highlights

  • No increase to rates revenue, waste charges, Emergency Service Levy or the minimum rate
  • $2 million COVID-19 contribution from reserves to reduce financial burden on ratepayers
  • The average saving for ratepayers is over 6% 

The City of Subiaco 2020-21 budget has responded to the impacts of COVID-19 by offsetting rates with a $2 million contribution from reserves and fast-tracking more than $2.5 million in capital works projects. 

Despite the impacts of COVID-19 causing almost $3 million in lost revenue, the City has not increased total rates revenue or waste charges.
 
The City’s zero per cent total rate increase and the two million contribution from reserve funds means households could receive, on average a 6.4 per cent decrease in their rates; the equivalent of $140.
 
These measures are part of the COVID-19 relief package and Council commitment that was rolled out in April.
 
Mayor Penny Taylor said the City’s budget was in direct response to COVID-19.
 
“The City’s initial COVID-19 response included business grants and support programs, rent relief for tenants, waived fees for community sports clubs, free parking for three months, community grants support, and a public art series which spread moments of joy,” she said.
 
“These budget concessions go one step further in reducing the financial burden on households and businesses.
 
“Teamed with the additional capital works which will stimulate our local economy – the City of Subiaco is well placed to address the impacts of the pandemic,” Mayor Taylor said.
 
Sixteen planned capital works projects have been brought forward to the coming financial year to boost the economy and keep workers in jobs. Projects include upgrades at Lords Recreation Centre, new irrigation at Rosalie Park, floodlighting, tennis courts and cricket net replacements and the Rokeby Road Streetscape project.

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