Onchan commissioners have announced a 1.8 per cent rate rise for the coming financial year.
Last night (Monday), the board met and approved the rise which will see rates set at 271p in the pound, an increase of 5p.
Lead member for Finance and General Purposes Ernie Thorn explained the local authority had made a loss of around £80,000 which would need to be met from reserves.
However, he added that was £40,000 better than expected.
Island's first rapid EV charger being installed
Once operational, the site will retain its existing charger, increasing overall capacity to four charging bays
Mooir Vannin could be first of many
Dr Alex Allinson, who is retiring as Ramsey MHK at this year's general election, gave evidence to the final hearing by the independent panel.
'Significant investment or redevelopment' needed at Ramsey District Cottage Hospital
Manx Care is 'planning a sustainable long-term solution'
Braddan Commissioners open expressions of interest for TT camping at Roundhouse
Local authority wants to provide family friendly accommodation