It's also got more than £21,000 in unpaid rates
Port St Mary Commissioners is putting its rate up by 2.5 percent.
It will be levied 395.65 pennies in the pound and the local authority says its created a 'budget of practicality' and is keeping the rate as low as possible.
The commissioners say a number of factors had to be taken into consideration including the charge increase at the civic amenity site and the Energy from Waste Plant, salaries and future projects.
It also has more than £21,000 in unpaid rates and those people are being 'pursued' by Treasury.
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