SOUTHBROOM NEWS - STOP PRESS
A SOUTHBROOM RATEPAYERS, CONSERVANCY & COMMUNITY POLICING INITIATIVE.
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>> MUNICIPAL PROPERTY RATES ACT - VALUATION DATA COLLECTORS SCHEDULED TO BE IN SOUTHBROOM FROM 29 AUGUST TO 5 SEPTEMBER 2007
The Hibiscus Coast Municipality has commenced with the General Valuation project (GV2008) required in terms of the Municipal Property Rates Act. Data collectors will be in our area from 29 August to 5 September 2007.
Municipal Property Rates Act
This is a national law that regulates the power of a municipality to value and rate immovable properties (that is, land and buildings) located within the muncipal boundary. For a copy of the Act, visit the Department of Local Government website on http://www.dplg.gov.za and click through to 'documents'.
Identification of Data Collectors
Data Collectors will be clearly identifiable by their apparel: White T-shirt, navy blue cap, and blue bib all bearing the GV2008 logo and the words 'Data Collector'. They will also carry an official ID card and the municipal logo will be printed on the back of their bibs.
If in doubt, check that the data collection form relates to your property or call the Valuation Centre on 039-312-8320 to confirm the identity of the data collector.
Data to be collected
The required data, as indicated in the column alongside, will be used to determine the 'Market Value' of your property. Market Value is defined as the amount the property would have realised if sold in the open market by a willing seller to a willing buyer.
The appointed valuers know how to value immovable property which has not yet been sold in terms of the principle of "willing buyer to a willing seller", and they are well trained to ensure that all properties are valued fairly and objectively.
After the municipality has completed its valuation of immovable properties within its jurisdiction, the public will be invited to inspect the property valuation roll within a stipulated timeframe, and to raise objection within a stipulated timeframe. Whilst Southbroom News will do its best to inform you of the timeframes, please keep a watchful eye on the Public/Legal Notices that appear in the local press.
The municipality will also forward each immovable property owner an extract of the property valuation roll pertaining to that owner's property. You are reminded to ensure that the municipality is in possession of your correct postal address.
Objections lodged must cite reasons behind such objection and the law requires the objector to continue paying rates while the objection is being processed and finalised. On finalisation, your valuation could be decreased or increased and the rates will be adjusted accordingly.
Access to property
Ratepayers who deny data collectors access to their properties will be penalised should they lodge objection. It is suggested that absentee owners instruct their managing agent to arrange access. The Valuator's Call Centre number is 031-328-1133.
Determination of municipal property rates
Municipal property rates are the financial liability that each immovable property owner pays to the municipality where their property is located. They are calculated by multiplying the market value of the immovable property (land and buildings) by a Cent amount in the Rand that a municipal council has determined.
If part of the property is used for residential purposes, the first R15,000 of the market valuation does not attract rates.
> Market value of a residential property is R500,000, and
> Cent amount in the Rand is R0.015 (1.5 cents), then
> R500,000 - R 15,000 = R485,000 x 0.015 = R7,275
> Amount due for rates is = R7,500 for the year
Agreement can be reached with the municipality to pay the annual rates on a monthly basis.
Ratepayer participation in the rates policy
Municipal property rates are set by municipal councils, collected and used locally.
The Municipal Systems Act requires a culture of community participation in the affairs of the municipality.
Ratepayers have a responsibility to participate when the municipality invites public comment and input on their proposed rates policy, integrated development plan and budget.
The rates policy will deal with issues such as the Cent amount in the Rand that the municipal council proposes to impose, and relief measures to ratepayers such as the granting of exemptions, rebates, and reductions.
Please attend the public meetings. They will be advertised in the local press, usually under Legal/Public notices, and Southbroom News will do its best to inform you of them.
Non-participation by ratepayers
Raising concerns after the municipality has already approved their municipal rates policy and budget, or after expiry of the objection period, will not achieve meaningful results.