Increase in tariffs will hit this month
2010-07-08
CITIZENS of Drakenstein will see an increase of about 9% in their municipal accounts this month, as Drakenstein Municipality’s annual rates and taxes increases were implemented on 1 July. Electricity rates increase by 20%, water increases by 10%, refuse removal and sanitation increase by 7%, while property rates increase on average by 5%. The new residential property rate is ,00515 cents in the rand. Pensioners with an income (single or combined) of R3 780 or less will pay 50% less on property tax in the new financial year (apply for the rebate at the municipal office). Cavin Petersen, head of finance of Drakenstein Municipality, previously indicated that the 5% increase in property rate was 1% less than the 6% planned when the preliminary budget was accepted on March 31. “It will mean we have R1,5 million less income, which means that the overtime budget will be reduced by R1,5 million. “We expect that all departments will have strict control over their overtime spending. These cuts will not put emergency services in jeopardy.” The capital budget amounts to almost R287 million for the period July 2010 to June 2011. Of this total R130 million will come from the council’s own coffers, R113 million will be funded from loans and R43 million will be received from state grants.
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