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Municipal Budgets 2020/21

 

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City of Cape town - Property Valuations

 

Frequently asked questions

 

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Services offered to Municipalities

  • Assistance with implementation of the Municipal Property Rates Act (MPRA)

  • Compliance audit
  • Special valuation audits
  • Annual amendments to the Rates Policy

  • Implementation of supplementary valuations

  • Valuation monitoring

  • Reconciliation of valuation roll to the billing system

  • Objections on behalf of the municipalities

  • Lodging appeals on behalf of the municipality

  • Appearing on behalf of the municipality at the appeal board

  • Consulting services regarding the MPRA

Section 3(3) of the Act specifically mentions the aspect of “fairness and equality”

Where properties have been undervalued this causes an imbalance between those properties correctly valued and those that have not been correctly valued.

The Act also requires monitoring and there is a duty on the municipality to ensure that the valuation roll submitted is a fair reflection of “Market Value’ across the entire spectrum of properties comprising the valuation roll.