Douglas Council rates will rise by 0.5% to 397 pence in the pound.
Leading Councillor David Christian presented the budget to a special meeting of the Council this morning.
After some debate, the increase was passed unanimously by 16 votes to nil.
Mr Christian says the budget is achieving savings while delivering more for less:-
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Historic buses to be celebrated today
It is to mark 50 years since bus nationalisation.
Solar array approved for NSC roof
1,200 panels can now be installed
Castletown Confetti Carnival celebrating its 70th year today
A firework display from Speakers Garden will mark the occasion
Douglas Council says Green Flag Status is 'something to be proud of'
Councillor Natalie Byron-Teare says it shows parks are 'way above standard'