n IMFO : Official Journal of the Institute of Municipal Finance Officers - Rapid increase in costs of municipal services




Healthy municipal finances are reliant on steady revenue streams. Municipalities supply households, businesses and government bodies with a package of services including water, electricity, refuse removal and sanitation. In return for receiving these services, households, government departments and businesses are required to pay the municipality. In addition, they are also required to pay property taxes based on the municipal valuation of their property.


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