Onchan commissioners are raising rates by just under five per cent in the next financial year.
Rates will be increased by 20 pence from 411 to 431 pence in the pound which is equivalent to a 4.87 per cent increase.
Commissioners say the increase is because of external financial pressures.
They also say that This is a modest increase and less than the previous year's increase of 10.19 per cent which was a 38 pence increase.
Credit Union sets post-TT reopening date
Baby fair returns to Santon this weekend
0.03% of smart meter installations led to concerns or complaints, says Manx Utilities
Event tonight to discuss historic church's future
Broadband firm has licence revoked
£484k spent on TT course after inspections by organisers and DOI
Yacht ran aground after leaving the Isle of Man
Steam Packet sees nearly 38,000 TT passengers