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City manager about to receive roll of property values
MEDIA RELEASE
NO. 55/ 2010
29 JANUARY 2010

City Manager Achmat Ebrahim will soon take receipt of the roll of property values for this year’s General Valuation process.

A team of City Valuers and Data Collectors have spent the last couple of months assessing values for each of the 780 000 rateable properties in the city.

From mid-February, ratepayers should start looking out for notices from the City which will inform them of the values allocated to their properties. Along with the values, an indicative ‘cent in the rand’” will be given to help ratepayers plan for the most likely amount of rates that will be charged. The final cent in the rand value will only be made known towards the end of the budgeting period, which is expected to be at the end of May 2010, when the City’s budget for 2010/11 is tabled for public input.

Ratepayers are urged to visit the City’s website where the values for most properties are already listed. This information – available free of charge – will also include sales data for the area. Visit http://web1.capetown.gov.za/web1/gv2009/SearchProperty.aspx for the information. Only information that would otherwise be available in a normal public forum will be included on this page.

The City will also operate 18 inspection centres for a two month period, starting on 21 February at which ratepayers can seek assistance if they wish to object to their values. The City is unable to entertain any objections after this two month period.

The new property valuation, based on values on 01 July 2009, will come into effect as from 01 July 2010.

Queries:
Ratepayers can direct any queries to the City’s Corporate Call Centre on 0860 103 089.


END

ISSUED BY:
COMMUNICATION DEPARTMENT
CITY OF CAPE TOWN


MEDIA QUERIES:
CHRISTOPHER GAVOR
DIRECTOR: VALUATIONS
TEL: 021 400 9900 CELL: 082 899 3308


 
 
2010/01/29
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