Ramsey Commissioners increasing rates by 3%

Residents in a three-bed house will pay 38p more per week

Ramsey Commissioners says due to costs 'beyond its control' it will be increasing its rates by three percent. 

They will be set at 510 pence in the pound which represents an 'approximate' rise of 38 pence per week for a three-bedroom property in the town. 

The commissioners say they are budgeting for rises at the Energy from Waste Plant, a contribution to the Northern Swimming Pool and investing in infrastructure for the town.

The authority says it believes the increase is 'responsible' and has been done with a 'measured approach'.  

Commissioners will, this year, undertake a series of projects including:

• Replacing fencing in the Mooragh Park play area
• Upgrading the South Beach raft
• Purchase of a street sweeper 
• Replace older streetlights with LED lights to reduce energy consumption and safety testing of the lighting columns
• Continued programme of surveying trees, and associated works, development of the Riverside Workshop compound to improve service delivery

Lead Member for Finance and General Purposes Ffinlo Williams said: "After a forensic review of our finances and a pragmatic approach to what is achievable in the year ahead the commission has carefully considered the projects we can deliver for Ramsey based on both necessity and affordability. 

"We recognise that the cost-of-living crisis is still ongoing and we do not want to place unnecessary financial strain on residents.

"While this year’s budget remains cautious I am pleased that we have been able to keep the rates increase to a minimum while ensuring that many essential projects can go ahead in the 2025-2026 financial year (some of which have been discussed by this current board since its first budget in 2022). 

"These include critical investments in vehicle replacements, asbestos testing, and improved storage facilities at our works depot; projects that, while not immediately visible, are vital to maintaining key services and ensuring the town’s long-term sustainability.

"This budget focuses on safeguarding the town’s infrastructure allowing us to replace aging assets before they become costly liabilities. 

"By making these investments now, we are ensuring more efficient operations, reducing long-term costs, and ultimately providing better value to ratepayers. 

"While residents may not see obvious changes as a result of this year’s rates increase, the improvements will have a lasting impact, ensuring that the town continues to function smoothly, services are delivered effectively, and future boards can focus on enhancements rather than urgent repairs.

"Although we have taken a responsible and measured approach this year we remain hopeful that, as inflation stabilises and economic conditions improve, future budgets will allow for more visible and ambitious projects. 

"For now our focus is on laying the groundwork for the next board and a more efficient and well-managed town, ensuring that Ramsey remains a great place to live and work for years to come."