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Rate rise proposed as council projects big surplus
KINGSTON Council projects a $26.8 million surplus in its draft 2021/2022 annual budget.
Council has proposed to raise rates by an average of 1.5 per cent in the next financial year, a move it says is “in compliance with the Fair Go rates system legislation”.
The draft 21/22 budget features $74.4 million worth of capital works projects. The most expensive project planned in the next year is the redevelopment of the Mentone Life Saving Club and foreshore precinct. That work is projected to cost ratepayers $11.2 million.
Aspendale and Bonbeach Life Saving clubs are both scheduled for $3 million redevelopments. Over $1 million will be spent at the Chelsea Yacht Club.