Ramsey Town Commissioners have confirmed that residents’ rates are to go up by 1% in the next financial year.

A statement said: ‘The new rate shows the Commission’s commitment to maintaining a viable and sustainable financial plan while continuing to invest in the Town and meeting increased costs. The most significant of which include higher waste disposal charges at the Energy from Waste Plant as well as the Ramsey Town Commission’s contribution to the operation of the Northern Civic Amenity Site.’

The new rate will represent an increase of approximately 9.5p per week for a typical three-bedroom property within the town. However, this change will not affect the water and sewerage charges within the overall rates assessment for a property.

Chairman Andy Cowie said: “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. This was achieved with careful management of our costs and the support of our team and we aim to continue this prudent financial management whilst maintaining the high level of service we strive for. 

‘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.’