The district rate will see a 1.89% increase for 2018/19.
The council says this will mean rate payers will pay on average less than £1 more per month or less than £10 per year. For businesses it will be an average increase of £12 per month or £144 per year.
The impact varies by property, a Terraced House will see an increase of around £5.48 per year, were as a 4 Bed Detached House will see an increase of £18.63.
There was an attempt to not raise the rate as Councillor Kate Mullan (formerly SDLP) attempted to get this proposal taken back to the relevant committee. However, this was heavily defeated with 48 members voting against and just 4 supporting the proposal. Cllr Matt Collins from People Before Profit abstained (no vote) on the proposal.
David McCann holds a PhD in North-South relations from University of Ulster. You can follow him on twitter @dmcbfs