The increase, which equates to about $20, will help the budget record a surplus of $1.73 million, which includes an allowance for more than $2 million of asset depreciation.

The budget includes continued funding for Natural Resource Management and a plan to borrow funds for potential big ticket projects such as the Solis golf course development and the Southern water supply.

It also details plans to sell off council property assets that are unused or showing negative returns. 

In a statement, mayor Michael Kent said the budget's focus on the southern end of the municipality, which looks set to benefit most from council's $5.2 million capital works program, will be equalised in future budgets.  

“Given the strong Southern focus of the 2016-17 budget expenditure... there will be a need to ensure that future council budgets provide a more equitable distribution of capital works program funds across the other areas of the Glamorgan Spring Bay municipality," Cr Kent said.

“I encourage all ratepayers of the Glamorgan Spring Bay municipality to read this budget to better understand where and how their rates funds and future planned borrowings will be spent.”

Residents have the option to pay in one lump sum before August 1 to receive a 3 per cent discount, or to pay in four instalments throughout the year.