The Rates Policy guides the City in all aspects of levying rates on property owners. It also defines the different categories of property, as well as specifies the categories of property ownership that may qualify for rates rebates and exemptions under the MPRA.
Rates and Taxes Annual Report 2007-2008 Download in PDF format [Warning: this is a large file, 11Mb]
MUNICIPALITIES are expected to be self-funding and municipal revenue is raised from three main sources: electricity and water provision, and property rates.
This income is used to pay for a wide range of public services, from the maintenance of roads and traffic control, to providing public parks, libraries, clinics, recreation centres and other similar services for the public.
All property owners – both those who own freehold properties and Sectional Title holders – must pay rates.
They are a City tax based on the market value of properties, which are recorded in the General Valuation Roll. This is outlined in the City’s Rates Policy, which is based on the Municipal Property Rates Act (MPRA).
Each year, during its budget process, the City determines the rates tariffs for the new financial year. This is called the rate in the Rand. It makes no major loss or surplus out of rates income; the various rates in the Rand only cover the likely costs of providing public services.
HAD he still been alive, Walter Sisulu would be 100. The City and others celebrated his legacy on this important milestone, saying he was an example to all.
THE second outdoor gym has opened in Joburg, this time in Diepsloot. Excited residents greeted the opening, and were keen to learn how to use the equipment.
TWO organisations that benefited from the Chief of Police Charity Golf Day, an annual fundraiser, were delighted with the donations, handed over at the JMPD headquarters.
THE Johannesburg City Library is a splendid building, made more so through the long restoration that has returned it to its glory days, and added some modern elements.
