On-Air Now

23p rate rise in Port St Mary

Wed, 01 Feb 2023

By Emma Draper - Local Democracy Reporter
By Emma Draper - Local Democracy Reporter
Port St Mary Commissioners has raised its rates for the next financial year by nine per cent.
It currently sits at 354 pence in the pound but this will increase to 386 pence in the pound from April.
The authority says the decision was not made ‘lightly’ and they have increased it ‘reluctantly’.
Reasons for the increase include the rising cost of energy from the waste plant, contributions to the Southern Civic Amenity Site and inflation.
In a statement they said: “The board has worked hard to minimise the impact on rates for Port St Mary residents.
“The board have aimed to produce a budget of practicality and to keep the rate as low as possible during what could’ve been another difficult period for many financially.
“The board will continue to scrutinise expenditure and apply sound financial planning to their decisions.
“The cost of living crisis and unstable market forces continue to create challenge’s and this year’s rate increase has been applied with the greatest reluctance.”
As of 31 March 2022 the authority had £13,721 in unpaid rates and says it will be working ‘closer’ with Treasury to sort this.


Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed