2024/2025 Approved Property Rates Policy

The purpose of this policy is to:

Comply with the provisions of the Act, specifically with section 3 thereof;
Give effect to the principles outlined hereunder;
Ensure the equitable treatment of persons liable for rates;
Determine the basis for valuation and to prescribe procedures for the implementation of the Act;
Determine criteria for different property use categories to apply differential rates;
Determine or provide criteria for the determination of categories of owners of
properties;
Determine criteria to be applied for granting relief in the form of exemptions, rebates and reductions to categories of properties and categories of owners;
Determine measures to promote local economic and social development; and
Identify which categories of properties the municipality has elected not to rate as provided for in section 7 of the Act.