Dawid Kruiper Municipality
Munisipaliteit Dawid Kruiper

 


MEDIA STATEMENT – PROPERTY VALUATIONS IN TERMS OF LOCAL GOVERNMENT: MUNICIPAL PROPERTY RATES ACT, 2004 (ACT 6 OF 2004), AS AMENDED AND HEREINAFTER REFERRED TO AS THE “ACT”

MEDIA STATEMENT – PROPERTY VALUATIONS IN TERMS OF LOCAL GOVERNMENT:
MUNICIPAL PROPERTY RATES ACT, 2004 (ACT 6 OF 2004), AS AMENDED AND
HEREINAFTER REFERRED TO AS THE “ACT”
In accordance with the Act, a local municipality is required to compile a new General Valuation
Roll at least once every five financial years. The current Valuation Roll is set to expire on 30 June
2025. Consequently, the municipality has undertaken the necessary steps, as mandated by the
legislation, to appoint a Valuation Company, which is registered with the South African Council for
the Valuers Profession (SACPVP), to compile a new General Valuation Roll.
The new General Valuation Roll will soon be advertised in the media, notifying the public that the
roll is open for inspection. It will be accessible at all municipal offices and will also be available on
the municipality’s website.
Any individual may lodge an objection with the municipal manager concerning any matter
reflected in or omitted from the roll, within the specified period. Objection forms will be made
available at all municipal offices and on the municipality’s website.
It is crucial to note that the basis for the valuations is Market Value, which is defined as the amount
the property would have realised if sold on the date of valuation in the open market by a willing
seller to a willing buyer.
If an objection is made to the value of the property, it must be done so only if the objector is of the
opinion that the value as it appears in the roll does not reflect Market Value as per definition.
Objections based on the following grounds will not be considered valid and may be dismissed:
1.
Indicating a percentage increase in value by comparing the previous value with the
new value: This is not a valid reason for objection, as it does not constitute appropriate
market evidence and will be rejected as an invalid objection. The goal is to determine the
market value as of the date of valuation.
2.
Increase in or, affordability of Rates and Taxes: The determination of rates and tariffs is
governed by separate legislation and is not part of the objection process. If there is a
significant increase in values in the new valuation roll, the municipality will explore the
possibility of adjusting tariffs during the 2025/2026 MTREF Budget before the
implementation of the new valuation roll on 1 July 2025 to accommodate these value
increases which will be done in accordance with relevant legislation and through a public
participation process.
3.
Insufficient market evidence to substantiate market value: It is required that the objector
provides sufficient market evidence to justify the requested change in value.
4.
Objection to multiple properties on one objection form: A separate objection form must
be completed for each individual property. All forms will be made available on our website.
5.
Comparing the value of one property to that of another property in the valuation roll:
This is not a valid reason for objection, as it does not constitute appropriate market evidence
and will be rejected as an invalid objection. The objective is to determine the market value
as of the date of valuation.

 

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