The Municipality will every four years prepare a new valuation roll by means of a general valuation of all rateable property within the Municipality. At least one supplementary valuation rolls will be prepared during a financial year. Additional valuation rolls can be prepared at the discretion of the CFO.
Rates Ratios:
- Agricultural Property – 1:0.2
- Business And Commercial Property – 1:2
- Industrial Property – 1:2.5
- Mining Property – 1:2.5
- Public Benefit Organisations Property – 1:0.25
- Public Service Property – 1:2
- Public Service Infrastructure Property – 1:0.25
- Residential Property – 1:1
- Vacant Land – 1:2.5
Exemptions, rebates and reductions:
The Rates Policy indicates which categories may qualify for exemptions, rebates and reductions. In determining the exemptions, rebates and reductions the need to accommodate indigent persons and less affluent pensioners, as well as the services provided to the community by public service organisations was taken into consideration.
(i) Indigent households
The conditions as to which properties/owners qualify for this rebate are set out in the ATTP policy.
(ii) Pensioners & disabled persons
The conditions and rebate percentages are set out in the policy.
(iii) Public benefit organisations and not-for-gain institutions
Public benefit organisations and not-for-gain institutions provide services to the community which may otherwise not been provided. These organisations usually operate with limited funding and sources of income and would therefore generally not be able to afford to pay rates on the property from which they are operating.
(iv) Sporting Bodies.
The majority of properties being used for sporting activities in the metro are owned by Council and are being leased to sporting bodies, organisations, clubs, etc. These properties are being leased at nominal amounts. The lease contracts make provision that the lessee will be responsible for municipal rates and service charges.
Sporting organisations contribute services / benefits to the community and are essentially non-profit organisations. Many of these organisations are situated and operate in the poorest of the poor areas. Most of these sporting organisations are not financially strong and struggle to fulfil their financial obligations towards Council. As a result of on the size of the property and the facilities (buildings) thereon, rates for these properties can be high. The sporting organisations normally keep the properties in good order and ensure that properties are not being vandalised. These organisations provide a valuable service to the local communities and ensure, by keeping them occupied, that our youth do not perhaps become involved in less productive activities.
