The Loxton Waikerie council has proposed rate increases of 4.95% in the latest draft budget, which sits under valuation increases.
Council’s plan shows residential land values rose in value by 13% last year, with commercial & industrial land also increasing over 10%.
They say the increase will see them bring in $11.4M, Which is just under half of the councils operating budget.
Article continues after this ad
Advertisement
Major spending proposed includes $2.7M for road re-surfacing, as well as $1.5M for a riverfront improvement constraints program.
Public consultation is now open, and closes next Wednesday.