Johannesburg mayor Herman Mashaba has blamed the metro’s previous administration for the municipal rates crisis that is set to cause havoc for building and home owners. Rates bills, based on valuations done every four years but which can be delayed by up to one year, kick in on July 1. The city revalued all the housing and commercial properties in its administrative jurisdiction in 2017. Organised business associations have requested an audience with the mayor to voice their concerns about how many of their members’ buildings have been overvalued. Some commercial property owners argue their properties have been revalued by as much as 700%, meaning their municipal rates could increase by a similar amount from July 1 2018. However, Mashaba said the process followed was common practice. “The current narrative seems to suggest that the city, through the 2018 General Valuation Roll (GV), is forcing residents out of their hard-earned money and to address a revenue crunch. Nothing could be...
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