n IMFO : Official Journal of the Institute of Municipal Finance Officers - Teething troubles of the Property Rates Act : benefits taxes to the rescue

Volume 6, Issue 1
  • ISSN : 1607-520X



Extracted from text ... IMFO Spring 05 22 There are a number of teething troubles afflicting the new Rates Act. For instance, Knysna Municipality has aborted its tender enquiry for a general valuation and will instead replace it with a proposal call. Others face legal challenges because they do not yet have rates policies in place or if they do, these are flawed. The principle problem appears to be that municipalities are slow in understanding that the new Property Rates Act marks the end of traditional valuation methods, including regression analysis, where ratepayers with the biggest houses in a suburb contributed more to ..

Loading full text...

Full text loading...


Article metrics loading...


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error