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Rates in Port St Mary are increasing by two per cent for the coming year.
The board approved the hike earlier this week, and it means ratepayers face charges of 306p in the pound, a rise of six pence.
Chairman Christopher Kinley says, despite increased costs and inflation, prudent management has kept the increase down.
He says the budget allows for investment in a number of schemes in the village while ensuring services are maintained.
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