Devonport residents may get some cost of living relief, with the Devonport City Council set to consider a rates rise of just 1.9 per cent for the 2022-23 financial year.
The increase, less than a third of the current rate of inflation will be achieved through the council returning a $3.1 million surplus on its upcoming budget.
Devonport Mayor Annette Rockliff says the council has only imposed modest rates increases in recent times, with the overall increase since 2016 only amounting to 5.52 per cent, compared with 17.1 per cent in inflation over the same period.
The council budget includes $11.4 million in new expenditure as well as $15 million for works currently funded and underway.
These include the Living City Waterfront Park, including the sound and light show, the Don to Leith part of the Coastal Pathway project, and the East Devonport Gateway Beautification Project.
The budget will be tabled for final consideration and approval at next Monday night's council monthly meeting for June.