City of Kwinana reveals $12m surplus after rates increase

Summarised from 2 outlets · Updated 28 Oct, 00:03 · Archive

The City of Kwinana's 2026-27 budget surplus reached $12.2m, five million more than forecast months after raising rates.

The City of Kwinana's 2026-27 budget surplus is now expected to be $12,248,311, up from the forecast of $7,063,261. The figure was revealed at an October 21 council meeting.

The council had raised rates revenue by 4.75 per cent, higher than the 4.5 per cent originally proposed. City officers had recommended the increase after reviewing the city's financial position and economic conditions, citing 'volatile' construction and material costs, and major projects. For the average residential ratepayer, the higher rate represents an increase of about $1.56 a week.

Mayor Peter Feasey said 'every part' of the budget had been examined to minimise the impact on ratepayers. A report to the meeting listed savings from completed projects, projects being carried forward, and higher income than expected from fees, interest and rates as contributors to the surplus. Councillor David Acker said he was 'a bit surprised' at the surplus and wanted to know how it happened and what changes could be made to budget forecasting to prevent another large surplus. City chief executive Wayne Jack said it was difficult to forecast changes in project timeframes and revenue, adding the council took 'a conservative approach' to managing fees and charges.

How it is being reported

• City of Kwinana reveals $12m surplus after rates increaseThe City of Kwinana has revealed its 2026-27 budget surplus is $5 million more than expected just months after it said it needed to increase ratepayers’ bills.The West Australian · 27 Oct, 18:00
• City of Kwinana reveals $12m surplus after rates increaseThe City of Kwinana has revealed its 2026-27 budget surplus is $5 million more than expected just months after it said it needed to increase ratepayers’ bills.Perth Now · 27 Oct, 18:00

In this story: City of Kwinana · Peter Feasey · David Acker · Wayne Jack

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