Provincial Notice No. 330 of 2022

Municipal Systems act (32/2000) » Matatiele local Municipality » Promulgation of Property rates levy

Title	Municipal Systems act (32/2000) » Matatiele local Municipality » Promulgation of Property rates levy
Gazette	Provincial Gazettes (Eastern Cape), No. 4769 of 11 July, 2022, 1 page(s), 133Kb

68   No. 4769                   ProviNcial Gazette,   11 July 2022

PROVINCIAL NOTICE 330 OF 2022

PROMULGATION	OF	PROPERTY	RATES	LEVY

Notice is hereby given in terms of the Municipal Systems Act, (Act 32 of 2000), section 28(2).section 75(a), and
                     section 14(2) of the Municipal Property Rates Act and section 16(2) of the Municipal Finance Management Act as
                     amended, at a Council meeting held on the 26th May 2022 council resolution No: CR 138/26/05/2022 that
                     Matatiele Local Municipality shall levy the following rates with effect from 1  July 2022  for the financial year
                                                                           ST
                     2022/2023.

Property rates tariff is proposed to no increase for the 2022/23 financial year as follows:
                             Categories                  Rate Randage/ Rand  Ratio in relation to
                                                         Value c/R          residential property
                             Residential property        0.010878           1:1
                             Farm property as defined in Section  0.0026403   1: 0.25
                             8(2) (d)(i) and 8 (2) (f) (i) of the Act
                             (being Farm property used for
                             agricultural  purposes  and
                             smallholdings used for agricultural
                             purposes)
                             Agricultural  property  used 0.013054          1:1.2
                             predominantly for commercial and /
                             or industrial purposes
                             Smallholdings used  predominantly  0.013054    1:1.2
                             for commercial and  / or industrial
                             purposes
                             Commercial / Business properties   0.013054    1: 1.2
                             Industrial properties       0.013054           1:1.2
                             Public  Service  Infrastructure 0.0026403      1: 0.25
                             properties
                             Municipal properties        0.013054           1: 1.2
                             State Owned properties      0.02176            1:2
                             Vacant Land all categories   0.02176           1:2
                                                    Exemptions and Rebates
                         Residential First R65 000 exemption  0.010878   0%
                         40% Rebate
                         Vacant Land                 0.02176            0%
                         Commercial 15% exempt       0.013054           0%
                         Government                  0.02176            0%
                         Farms 70% rebate            0.0026403          0%
                         Industrial 15% rebate       0.013054           0%

For further enquiries regarding the above-mentioned amendment you are requested to contact the CFO, Mr. K.
                         Mehlomakhulu at telephone number (039) 737 8100 during normal office hours from 07:30 until 16:00.
                     Mr L. MATIWANE

MUNICIPAL MANAGER
                     01 July 2022

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Provincial Notice No. 330 of 2022

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