Rates (cont.)

Commercial and industrial uses are frequently supplied goods and services by heavy duty trucks and their services are frequently by members of the public, either using cars or public transport. These activities generate a lot of waste as compared to residential ones. Residential properties also pay different rates depending on the affluence of the development. For a resident in the suburbs, in most cases the family has a car or cars as compared to the poorer neighborhoods. This does not allow hold true, but is a general standard used. Due to the differences in service within the levels of the township, Council has not yet reached a development state where all residents pay the same rates regardless of the type and quality of improvement.

 VALUATION

Rates are charged based on the values supplied in the valuation roll. The valuation roll is compiled after the completion of property evaluation. Valuation is a process of assessing the market of all properties within the urban boundary. The market value comprises the value of the land plus buildings and other improvements made on the land. A private independent qualified valuer (professional person who carries out the valuation exercise) is employed on a contract basis to do valuations. The property valuation is done once in a period of five (5) years and the process is referred to as the general valuation. The compiled report with all the property values is referred to as the valuation roll. The valuer collects data pertaining to value of land, building and other developments on every property within the city. Arrangements are usually made with the property owner for an inspection and to collect more information. The valuer is supposed to visit all the properties in the urban area to determine their values. A supplementary valuation is conducted yearly in between general valuations. The aim of a supplementary valuation is to incorporate new developments such as buildings alterations, new constructions, sub-divisions, rezoning or any development done by individuals, Council or the central government during the course of the year. An independent valuer prepares supplementary valuations in terms of the Rating Act of 1995. the supplementary valuation harmonizes the value of the affected properties with the general valuation of other properties in the city. Before the valuations are adopted and used by Council, each property owner is given a chance to object to the values in the general valuation roll or supplementary valuation. An objection form is sent to all rate payers and on a scheduled date the valuation court sits to hear objections. The valuation court can alter the valuation where the objection has material consideration's