City put under pressure
The City of Joburg is bracing for a flood of complaints due to the increase in the valuation of properties.
The current valuation roll was implemented in 2013. The new valuation roll was updated in July last year and takes effect from July this year after the city was granted a 12 month extention.
The 2018 General Valuation roll document (GV18) says that municipal rates are a legislative requirement that obligates the city to do an annual Rates Policy.
The document further shows that property valuation data is compiled in a general valuation roll document, which consists of property information of rateable properties, and the market value.
City manager Dr Ndivhoniswani Lukhwareni said in a statement that the 2018 General Valuation roll consists of over 800 000 rateable properties within the boundaries of the City of Johannesburg Metropolitan Municipality.
City spokesperson Kgamanyane Stan Maphologela said the status of the increase in the value of residential property stands at:
10.44% of residential properties increased between 0 and 20%, 40.71% of properties increased between 21 and 40%,
30.65% of properties increased between 41 and 60%,
7.99% of properties increased between 61 and 80%,
2.23% of properties with and increase between 81% and 100%
3.38% of residential properties increased by more than 100%.
Maphologela said the increases are due to various factors, like property being undervalued in the past as well as improved data collection leading to more accurate valuation.
He said residents who disagree with the value of their homes can lodge an objection.