PROPERTY RATES PROPERTY RATES PROPERTY RATES PROPERTY RATES - PowerPoint PPT Presentation

PROPERTY RATES PROPERTY RATES – PROPERTY RATES PROPERTY RATES – BUFFALO CITY MUNICIPALITY BUFFALO CITY MUNICIPALITY Buffalo City Municipality Buffalo City Municipality

BCM’s Property Rates Policy makes provision BCM’s Property Rates Policy makes provision F For Legislative Exclusions in terms of For Legislative Exclusions in terms of F L L i l ti i l ti E E l l i i i i t t f f Section 17 of the MPRA in that the first Section 17 of the MPRA in that the first R15 000 of the market value of all R15 000 of the market value of all residential properties are deducted before residential properties are deducted before p p p p Property rates payable is calculated. Property rates payable is calculated. Buffalo City Municipality Buffalo City Municipality

BCM’s Welfare package for 2009/2010 are BCM’s Welfare package for 2009/2010 are as follows: as follows:- - Rates Rates R 60.70 R 60.70 Refuse Refuse R 87.63 R 87.63 Sewerage Sewerage R 74.37 R 74.37 Fire Levy Fire Levy R 19.45 R 19.45 Electricity – 50 KWH Electricity El El t i it t i it 50 KWH 50 KWH 50 KWH R 27 21 R 27 21 R 27.21 R 27.21 Water – Water – 6 KL 6 KL R 30.97 R 30.97 R300 33 R300 33 R300.33 R300.33 Buffalo City Municipality Buffalo City Municipality

The amount of The amount of R60.70 R60.70 for Rates equates for Rates equates to a rateable Value of to a rateable Value of R150 642 R150 642. Indigent consumers with a total Indigent consumers with a total household income of R2020 and less can household income of R2020 and less can on application benefit from BCM’s on application benefit from BCM’s on application benefit from BCM s on application benefit from BCM s welfare package. welfare package. Buffalo City Municipality Buffalo City Municipality

The following categories of owners The following categories of owners g g g g benefit from BCM’s welfare package: benefit from BCM’s welfare package:- - - Beneficiaries of Old Age Grants Beneficiaries of Old Age Grants - Beneficiaries of Disability Grants Beneficiaries of Disability Grants - Indigent consumers with a total Indigent consumers with a total g household income of R2020 and less. household income of R2020 and less. - Child headed households. Child headed households. Child headed households. Child headed households. Buffalo City Municipality Buffalo City Municipality