APPROVAL OF MUNICIPAL BUDGET 2017/2018

Notice is hereby given that the Municipal Budget for the 2017/2018 Financial Year has been approved in terms of section 24 & 25 of the Municipal Finance Management Act, (Act No 56 of 2003) on THURSDAY, 22 JUNE 2017.

A copy of the estimates and tariffs can be inspected for information at the office of the Acting Chief Financial Officer during office hours from date of publication of this notice.

ASSESSMENT RATES:

The following rates shall be levied in respect of the abovementioned financial year on rateable property recorded in the valuation roll or provisional supplementary valuation roll-

SERVICE FOR WHICH TARIFF IS LEVIED RATE EXPRESSED AS CENTS IN THE RAND

RESIDENTIAL PROPERTY
(i) Residential property 0,0171
(ii) Vacant residential property 0,0342

AGRICULTURAL/FARMING PROPERTY
(i) Agricultural Residential 0,0042
(ii) Agricultural Business 0,0200
(iii) Agricultural Industrial 0,0200
(iv) Agricultural Game Farming & Hunting 0,0200

SMALLHOLDINGS USED FOR
(i) bona fide agricultural/farming purposes 0,0042
(ii) residential purposes 0,0042
(iii) mixed use 0,0200
(iv) industrial purposes 0,0200
(v) business and commercial purposes 0,0200
(vi) any other purpose than those specified above 0,0200

TARIFF INCREASE:
Water 8.5%
Electricity 1.88%
Refuse6.4%
Sewerage 6.4%

The amount due for rates shall be payable from 1 July 2017.

Bank determined interest per annum is chargeable on all amounts in arrear after the fixed day and defaulters are liable to legal proceedings for recovery of such arrear amounts.

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