City to host rates policy review meeting

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 Andrei van Wyk

By Andrei van Wyk,  Caxton Publishers.

Updated: ago

JOBURG - The City of Johannesburg is to consider current economic conditions facing property owners when it embarks on its Property Rates Policy review process for 2016/17 and invites Johannesburg North residents to meetings in their area to help with the process.

 

The annual policy review defines and categorises all properties in Johannesburg and allows the City to generate rates revenue by assigning a tariff to the property values obtained in the General Valuation Roll.

The review process for the 2016/2017 financial year will be done with consideration to recent interest rates hikes, the resultant reduction in disposable income, the current high cost of living, a slowdown in economic growth, an increase in property owners depending on social assistance and businesses requesting more rates relief.

Spokesperson for the City of Johannesburg Kgamanyane Maphologela said, “We are mindful that our consumers and property owners are facing difficult times and as a City we are eager to engage our residents on a policy which will be sustainable, yet beneficial to all parties involved.

“We also need to ensure that tariffs are equitable and affordable to our residents – so it is in the best interest of all property owners to get involved and help us craft Joburg’s Rates Policy for the 2016/2017 financial year.”

The policy review meetings for Johannesburg North will be held at:

  •  Ernest Ullman Park Recreation Centre in Gallor Manor on 10 March from 6pm to 8pm
  •  East Bank Hall in Alexandra on 9 March from 6pm to 8pm
  •  Jabula Recreation Centre in Sandringham on 3 March from 6pm to 8pm
  •  Midrand Fire Station in Midrand on 24 February from 6pm to 8pm
  •  Diepsloot Youth Hall in Diepsloot on 7 March from 6pm to 8pm
  •  Ivory Park North Community Hall in Ivory Park on 8 March 6pm to 8pm.

Details: www.joburg.org.za

 

 Andrei van Wyk

Andrei van Wyk  

Caxton Publishers.

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