From Dear Cape Town
The City of Cape Town has opened their draft budget for public comment and is asking for your input on the proposed increases in rates, taxes, water, electricity and refuse removal.
[click to view the increases]
By calling for public comment, the CoCT has provided an excellent opportunity for you to directly influence the budget in the direction you want it to go.
We urge you to have your say by clicking the green button below and to encourage everyone you know to participate in this essential process. As an extra measure, DearSA will compile a report from all comments received and will present it to the City to ensure the voice of the public is not ignored.
Please take action and participate now as the closing date is Monday 29 April.
Thank you for participating in your democracy.
The team at Dear South Africa.
Should the green button not show, please use this link; https://www.dearcapetown.co.za/coct2019/
PROPERTY VALUATION and RATES
The 2019/20 Budget tabled on 28 March 2019 has changes to the way property rates will be calculated in future.
There is an increase from the point where property rates start to be payable. It was increased from R200 000 to R300 000. The Rate in Rand was lowered from 0.007154 to 0.00555. It represents a 22% drop in the Rate in Rand rate.
The nett effect of these changes is that properties that had a property valuation (GV2018) increase of 30% will be paying the same rates as before. Lower than 30% property valuation will see a decrease in property rates. Those with a property valuation increase (GV2018) of more than 30% will progressively see an increase in their property rates bill.
Curated content by eNeighbourhood for Chas Everitt Cape Town South