Council Tax on the Isles of Scilly is expected to go up by 2.99% from April.
The figure represents a rise of around 14% over the last three years but is a drop of half from last year's increase of 6%.
The maximum Council tax increase permitted without a public referendum is 3%.
The Authority no longer has the option to charge a 3% adult social care precept, which raised Council tax to 5.99% the last two years.
Section 151 officer Russell Ashman’s report ahead of next week’s Full Council meeting states: "In setting the 2019-20 budget it is proposed to increase Council Tax by 2.99%. It is also proposed to assume that the threshold will be set at 3% for the next two years and that an increase of 2.99% in Council tax each year is built into the Council’s MTFP (Medium Term Financial Plan)."
Members will vote on the recommendation at the meeting on March 5th. As a 2.99% increase is integral to the Council presenting a legal balance budget for 2019/20 it is unlikely to be rejected.
A public meeting to discuss the Council's financial plans will be held on Saturday March 1st at 10am at the Wesleyan Chapel on St Mary's.