Mangaung property rates the lowest of all metros - mayor

2016-05-31 16:29
People make their way to the Mangaung annual budget debate in Bloemfontein. (Dirk Lotriet, News24)

People make their way to the Mangaung annual budget debate in Bloemfontein. (Dirk Lotriet, News24)

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Bloemfontein - The Mangaung Metropolitan Municipality's property rates remained the lowest amongst the country's metros, Executive Mayor Thabo Manyoni said on Tuesday. 

Manyoni said that, despite increasing by 8% across the board, the city's rates and taxes for residential properties remained the lowest. 

Manyoni was tabling his 2016/17 budget speech at the Bloemfontein City Hall.

He said the total revenue budget for the 2016/17 financial year, which included capital grants, was projected at R7.5bn.

He said sewerage tariffs would increase by 8.2% for both residential and non-residential properties in 2016/17.

He also said water tariffs were to be increased by 8%, while electricity tariffs would increase by 11.29% for the financial year. 

"Other general tariffs will be increased by an average of 10% with effect from [July 1]... Refuse removal tariffs will be increased by 7.8% across the board." he said. 

Manyoni said the City would spend R1.1bn over the MTREF (mid-term revenue and expenditure framework) period in providing basic services to the indigent, including the exemption of churches, NGOs and senior citizens.

Read more on:    thabo manyoni  |  bloemfontein  |  local government

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