Property Valuations And Rates Increase

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Property Valuations And Rates Increase

Dear Members,

Property valuations and rates refer.

While your specific queries are best directed to the Bitou Municipality Accounts Department, to assist you we set out our understanding of the 1 July 2023 rates increase for your convenience.

The Bitou Council approved a rates increase of 7.2%, effective 1 July 2023.   The Council has concurrently withdrawn the R350 000 rebate/reduction in rateable property valuations, which was introduced in prior years as a Covid relief measure.

Hence, there is an increase in your property valuation (add R350,000) to which the 7.2 % increase is applied. It is obvious therefore that the net effect is an increase in rates beyond the announced 7.2%.

Better communication of this rebate would have resulted in less confusion and frustration.

We trust this is of assistance.

Kind regards,
Steve Pattinson