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)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

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

Join the conversation!

24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
NEXT ON NEWS24X

Inside News24

 
ADVERTORIAL
Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.

/News
 

Man scores date with tennis superstar after Twitter bet

It’s a modern day Cinderella story, but one American man took ‘shoot your shot’ seriously in 2017.

 
 

You won't want to miss...

Who are the highest paid models of 2017?
10 gorgeous plus-sized models who aren't Ashley Graham
5 top leg exercises for men
10 best dressed men of 2017
Traffic Alerts
Traffic
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.