For the first time in four years, Port St Mary has cleared its rates deficit.
From April 1st, the port's rates will fall from 312p to 301p in the pound.
The local authority has announced a reduction for the second successive year with a general revenue account surplus of ?3,050.
It is welcome news for the village which announced a 32% rate rise in April 2004 to address a ?275,000 deficit built up between 1998 and 2002.
Researching your Manx family history can be a very interesting and rewarding hobby. Trace your roots in the Isle of Man with our helpful of guide.
