Tighten your belt for rates and taxes
2011-03-10
THE Drakenstein Municipality has approved a draft budget of R1,5 billion for the next financial year, with ratepayers facing a hike of between 7% and 12% in their municipal accounts from 1 July, depending on the size of the household. The Council has approved an increase of 5% in property rates, a 7% increase for refuse and sanitation, 10% in water tariffs and a 20,38% increase in electricity tariffs (due to the steep increase in Eskom rates). The property rate increase has been fixed at 5% per year for three years until 2012, due to the relatively low generic growth in the local economy. Pensioners with a household income of R3780 or less, and disabled persons, pay 50% less on property tax (apply for the rebate at the municipal office). Indigent households receive subsidies on electricity and other services (more on p 21).
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