PROPERTY RATES BILL

• Current legislation north west
• Basis for valuation
• Other issues

Current Legislation

• Cape ord.
• Transvaal ord
• Bob ord

Basis for Valuation

• Valued @ Market Related Value
• Valuation land & Improvements
• Rating only on Land
• Farming Land Excluded
• Small holdings included

Recording Values

• Land & Improvements
• Land is Rated

Rating Method

• Flat rate on land
• Certain rebates
• Improvement rating- possible hick –ups
• Additional admin. load

Impact on Community

• Poor households –R15 000
• Middle income group
• Social mobility
• Integration of community

Admin Feasabilty

• Additional admin load
• Better collection
• Ability to pay
• No material effect after amalgamation

Other Issues

• Exemptions
• Exclusion
• Public service infrastructure
• Agric. Land valuation
• Rating Policy Discuss
• Implement with care

Thank you