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City of Marion proposes 5.2% rate increase for 2023/24

Posted:
Thursday 15 Jun 2023
Please note the content of this news item is over six months old and may no longer be current.
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The City of Marion has proposed an average rate increase of 5.2 per cent, one of the lowest council rate increases in Adelaide.

Councillors will take that average rate increase to their June 27 General Meeting where they will formally adopt their final 2023-24 Annual Business Plan and Long Term Financial Plan.

“Like many in the community, Council is under pressure from significant cost increases due to high inflation, but we have done our best to keep rates affordable,” Mayor of Marion Kris Hanna said.

“We manage more than $1 billion worth of community infrastructure and, thanks to over $17 million in grant funding from State and Federal Governments, we have a large program of capital projects to deliver better facilities for the community.

“Some of these projects include rebuilding Marino Hall, improving the Coastal Walkway at Hallett Cove and major improvements to netball facilities and parking at the Cove Sports precinct.

“Our libraries at Park Holme and the Marion Cultural Centre will also be upgraded.

“We’re also adding 14km of pipes to our existing 11.5km underground stormwater reuse scheme so we can distribute and sell recycled water.”

The City of Marion’s total operating expenditure in 2023/24 is forecast at $104.456 million with an operating surplus of $0.365m to support the renewal of existing infrastructure.

Rates account for 83 per cent of Council’s operating revenue with other sources including fees, charges and grants.

The proposed average rate increase is 5.2 per cent is an average. Actual rates paid payable will vary according to individual property valuations, the attributed land use, and whether there has been any new development or capital improvement on the land.

The 2023/24 Draft Annual Business Plan can be viewed on our website.