The Mayor is promising to keep any potential rates hike at or below CPI as Gold Coast Council prepares to meet today to debate the upcoming budget.
Councillors will gather this morning to discuss the proposed 2022-23 City budget, with Gold Coast Mayor Tom Tate declaring he has one message.
“We must keep any rate increase at, or below, CPI,” he said.
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It will come as a welcome relief for Gold Coasters, with fears locals could be in for a bigger rates hike this year due to rising costs of living.
For the past decade, city rates have remained at or below CPI.
“As well as maintaining our low rates mantra, I want to ensure frontline services like parks, roads, libraries, community centres and waste transfer facilities are improved,” Mayor Tate said.
“It’s a tough ask in this environment as Council, like the wider community, is also being impacted by rising fuel and supply costs.”
It will be the first budget for new CEO Tim Baker.
The current City Budget is $1.83 billion.