The local authority made the decision after a 'careful review' of finances
Malew Commissioners have announced there will be no rate increase for the fifth year in a row.
The local authority will keep it at 199 pence in the pound for the 2026 financial year following a 'careful review' of current and future finances.
It's expecting to see a reduction in rates income from the quarry, but believes this will be 'partly balanced' by the completion of new residential and industrial developments.
It adds that the total rates income is anticipated to be slightly lower than in the current financial year and new capital projects will be funded from reserves.
Bus driver dispute resolved, government confirms
New board appointed at IOM Meats
Cruise ship season about to start
King Orry statue plans given the go-ahead after appeal dismissed
Bus drivers vote to accept latest pay offer