
Rates in Ramsey will rise slightly from later this year.
Ramsey Town Commissioners have set the rate for the 2021-22 financial year at 415p in the pound, an increase of just under 1 per cent.
The authority says it shows the Commission’s commitment to maintaining a viable and sustainable financial plan while continuing to invest in the Town and meeting increased costs.
It's Chair, Andy Cowie, says: "In an unusual year we have still managed to provide a broad range of events, meet all our operational targets and make a number of improvements to our assets, particularly with a focus on environmental benefits, whilst keeping within our budgets.
"We continue to face increasing costs particularly from waste and inflationary impacts and have a number of improvement projects which need to be progressed to ensure we can continue to meet the needs of the town in the future, despite these pressures, a below-inflationary rise on the town rate has been determined.
"The Commission recognises the hardship and uncertainty being experienced by ratepayers as we all continue to be affected by the Covid-19 pandemic and we were humbled by the way our whole community has worked together during this challenging time. We look forward to a return to more normality in the coming months."
Officials there add the changes will not affect the water and sewerage charges within the overall rates assessment for a property.