New rates policy unclear

2009-06-30 00:00

MSUNDUZI ratepayers will have to budget more carefully from tomorrow when a new rates policy comes into effect.

The move comes in the wake of an increase in electricity and petrol prices, and many cash-strapped consumers have no idea how they will cope.

The approved municipal budget remains largely unchanged from the draft budget, which was approved in March. Msunduzi Mayor Zanele Hlatswayo referred to the impact of the recession on the economy and said the municipality is willing to confer with businesses to address the issue of staff retrenchments.

Paul Thompson of the Scottsville Ratepayers’ Association said an objection letter has been lodged, but the municipality has yet to respond. “I don’t think we’ve seen what the policy is because we haven’t been told very much,” he said.

Speaking on behalf of body corporates, Democratic Alliance councillor Rodger Ashe said he believes it is better if everyone pays their own rates.

In terms of the rate policy by-laws, residential property owners will qualify for a primary rebate of 0,0075 cents in the rand. This means that if your property is valued at R100 000, for instance, your monthly rates are R750.

This is how you calculate your monthly rates: property value x primary rebate = randage divided by 12 months.

Indigent property owners with a home valued at R130 000 or less will get a 100% rates rebate, as will owners of vacant land valued at R60 000 or less.

Pensioners whose income does not exceed R2 516 a month get a rebate of 33,3%, and pensioners with a total income not exceeding R2 020 a month qualify for a rebate rate of 40%.

WHEN IS FINAL PAYMENT DUE?

Installment Final - Payment Date

July 2009 - August 31, 2009

August 2009 - September 30, 2009

September 2009 - October 31, 2009

October 2009 - November 30, 2009

November 2009 - December 31, 2009

Decemeber 2009 - January 31, 2010

January 2010 - February 28, 2010

February 2010 - March 31, 2010

March 2010 - April 30, 2010

April 2010 - May 31, 2010

May 2010 - June 30, 2010

June 2010 - July 31, 2010

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