Learn more about the new valuation roll
Learn how the new valuation roll will affect your pocket.
An educational campaign which aims to guide residents on the implementation of the new valuation roll has been proposed by the City of Johannesburg’s MMC for Finance, councillor Funzela Ngobeni.
The campaign will also highlight the impact on the 2018/19 rates which has effectively commenced. The campaign will focus on educating and informing residents of the City of Johannesburg on the valuation process and the impact it will have on them, as well as the changes in the rates for 2018/ 19.
Ngobeni will visit various regional customer walk-in centres across the City of Johannesburg to actively conduct a series of educational interactions with the residents to demonstrate how to calculate their monthly property rates.
“Since the beginning of the month of July, the Department has been inundated with queries about the valuation process and the increases on the charges connected to their rates. This is despite the Department rolling out all important information concerning the valuation roll and the objection period, including rates, since January,” Ngobeni said.
According to him, a total of 50 595 objections were lodged during the inspection and objection period. He also stated that the objections will be finalised by February 2019.
During this period, the City will ensure no credit management processes will be initiated against objectors, provided that the accounts were not in arrears as at 30 June.
“Objectors should note that they may pay on the old value until the objection is finalised, however it is important to note that should the outcome of the objection not be favourable, the customer will be liable for the full debt based on the new value as of 1 July.
It is advisable for property owners or objectors to pay an additional amount for rates every month, since the 2018 market value is very likely to be higher than the 2013 market value when the objection is finalised, meaning that the rate payable will be more than the historic rate,” he explained
If property owners or objectors can afford to pay the full rate payable for the GV2018 valuation, they are encouraged to do so because their rate account will be credited should the objection result in a reduction in market value.
“The City has decided not to increase rates tariffs for 2018/ 2019. However, this does not mean that customers will not be charged increased property rates. If the value of the property has increased per the 2018 Valuation Roll, there will be an increase in the amount of property rates charged,” he concluded.
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