Proposed Rate Reduction To Be Tabled At Council Meeting

Live question and answer session via Facebook today, Monday, 27 March 2023 at 16:00

Kouga Municipality is set to provide relief to homeowners with a proposed rate reduction.

In current budget discussions, the municipality will be proposing a 23.5% reduction in the rates tariff (cents in the rand calculations) for the new financial year starting in July 2023.

If approved, it will mean that any property increasing in value by 30% or less, will experience a rates reduction. Property rates for residential houses will only increase for properties whose value has increased by more than 30%.

As an example,
– a property currently valued at R1m and the value staying the same, will pay 23.5% less property rates. Currently rates charged R9 685 per annum, new rates will be R7 410 per annum.
– If the R1m property increases in value by 50% to R1,5m, the rates will increase by 14.8%. New rates will be R11 115 per annum.
– If the R1m property decreases in value to R900 000, the rates will decrease to R6 669.

The draft budget will be tabled at the next Council Meeting on Thursday, 30 March 2023.

Valuation queries can be directed to valuations@kouga.gov.za.

Should residents have any objections to their new valuation, objections must be submitted to the municipality before 14 April 2023 at the above email address.

The objection forms are available on the Kouga Municipality website at kouga.gov.za or at all municipal offices.

Kouga Municipality will also be conducting a live question and answer session via Facebook on Monday, 27 March 2023 at 16:00, for the municipality to engage with residents on any clarity seeking questions.