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GENERAL VALUATION ROLL 2018

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Presentation on theme: "GENERAL VALUATION ROLL 2018"— Presentation transcript:

1 GENERAL VALUATION ROLL 2018
23 January 2018

2 What is a General Valuation Roll?
A General Valuation Roll (GV) is a legal document that consists of property information of all rateable properties within the boundaries of a municipality. It is produced according to The Municipal Property Rates Act 6 of 2004 (MPRA) as amended. As at 1 July 2017 there were just over registered properties in Johannesburg.

3 What is the purpose of a General Valuation Roll?
The General Valuation Roll assigns a value and a category to all properties in a municipality, with the objective of generating rates on an equitable basis. The rules on categorization and tariffs will be in accordance with the Rates Policy.

4 Why a new Valuation Roll?
The last COJ valuation roll was implemented with effect from 1 July 2013, and will terminate on 30 June 2018. By law the City of Johannesburg needs to review its valuation roll every four years. The MEC for Local Government has granted the City of Johannesburg a 12 months extension; therefore the new General Valuation must be implemented on 1 July 2018.

5 What is the purpose of a General Valuation Roll?
The General Valuation Roll assigns a value and a category to all properties in a municipality, with the objective of generating rates on an equitable basis.

6 When can I inspect the new General Valuation Roll?
The 2018 valuation roll will be signed by the Municipal Valuer and submitted to the Municipal Manager on 30 January 2018. The Municipality will thereafter publish the Valuation Roll and open it for inspection at the municipal offices and on its website. The Valuation Roll will be open at 12 stations and this will happen from 20 February 2018 to 6 April 2018.

7 When can I inspect the new General Valuation Roll?
The roll will be made available for public inspection for a period of 45 days (MPRA only requires 30 days) In this period property owners will be able to object to their values or any other property value that is deemed to be incorrect. Objection can be lodged at the 12 centres or online on the CoJ website. All homeowners will be notified of the new value of their property in writing and be invited to inspect the roll and lodge an objection if they wish to do so. Any person including the CoJ may lodge an objection

8 MUNICIPAL MANAGER­­­­­­­­­­­­­­­­­­­­­­­
Section 49 Notice PUBLIC NOTICE CALLING FOR INSPECTION OF THE VALUATION ROLL AND LODGING OF OBJECTIONS Notice is hereby given in terms of Section 49(1)(a)(i) of the Local Government: Municipal Property Rates Act, 2004 (Act No.6 of 2004), hereinafter referred to as the “Act”, that the valuation roll for the financial years 1 July 2013 to 30 June 2017 is open for public inspection at the centre(s) listed below, from 20 February 2013 to 3 May In addition the valuation roll is available at website An invitation is hereby made in terms of section 49(1)(a)(ii) of the Act that any owner of property or other person who so desires should lodge an objection with the Municipal Manager in respect of any matter reflected in, or omitted from, the valuation roll within the abovementioned period. Attention is specifically drawn to the fact that in terms of section 50(2) of the Act an objection must be in relation to a specific individual property and not against the valuation roll as such. The required forms for the lodging of an objection to an individual property are available at the centres below and website Valuation staff will be available at the centres to assist. The completed objection forms must be returned BY HAND to any of the centre(s) listed below. Kindly bring along this Section 49 notice when submitting your objection, as this will expedite the submission process. NO FORM OF ELECTRONIC, OR FACSIMILE (FAX) SUBMISSIONS WILL BE ACCEPTED. NO LATE OBJECTIONS WILL BE ACCEPTED. CLOSING DATE FOR OBJECTIONS IS 15:00 ON 3 MAY 2013. Street Level 'B' Block Midrand Customer Service Centre Metropolitan Centre – 15th Road 158 Civic Boulevard RANDJIESPARK BRAAMFONTEIN Midrand Sandton Library Randburg Civic Centre Nelson Mandela Square (off West Street) Hendrik Verwoerd & Jan Smuts Road SANDOWN RANDBURG Ennerdale Ext. 9 Jabulani Civic Centre Customer Service Centre 1 Koma Road C/o Katz & Smith Walk Road JABULANI ENNERDALE Soweto Lenasia Civic Centre Roodepoort Civic Centre C/o Rose Avenue & Eland Street 100 Christiaan de Wet Road LENASIA EXTENSION 1 FLORIDA PARK Thuso House Customer Service Centre South Hills Customer Service Centre 61 Jorissen Street 9 Gineva Road Corner Simmons SOUTH HILLS BRAAMFONTEIN For further enquiries please contact: Call Centre No MUNICIPAL MANAGER­­­­­­­­­­­­­­­­­­­­­­­

9 What do I do if I disagree with my property valuation?
Legislation makes provision for objections against an entry in a General Valuation roll, provided that such objection takes place in a prescribed manner and within the prescribed objection period. Objections received after this period can’t be considered. All objections received within the specified will be considered by the Municipal Valuer and Assistant Municipal Valuers. Specific details about the objection dates and venues will be displayed in the individual notices to owners regarding their property valuations (Sect 49 notices).

10 What do I do if I disagree with my property valuation?
Following the objection period the valuers review the objections received and notify the objector and/or owner of the outcome. After the owner is notified of the valuers decision the owner has the opportunity to appeal the decision if he disagrees. The appeal will be heard by an Appeal Board consisting of a chair person and a minimum of two assistants. The appellant will be notified of the decision of the Appeal Board by the secretary to the Appeal Board.

11 Implementation Process
Compile Valuation Roll Submit GV to Municipal Manager 30 Jan 2018 Publish in Gazette and news papers Objection period 45 days 20 Feb-6 April 2018 Receive objections Valuers to review objections 1 July 2018 Implementation of GV 18 (start rating) Notification of objection outcomes Receive appeals from objectors Appeal Board attending to Appeals Appellants notified of AB outcome

12 What is the date of valuation and why is it important?
The date of valuation refers to the date at which property values are determined and is fixed for the purpose of the General Valuation Roll. For the purpose of the new GV 2018 the 1st of July 2017 has been set as the valuation date. It is also the date that will be used for all future calculations for the purposes of supplementary valuations up until a new General Valuation roll replaces the GV2018.

13 What is the meaning of the implementation date of the valuation roll?
The implementation date of the valuation roll is the date on which the City starts rating on the new value of each property as reflected in the General Valuation roll. This coincides with the date of the municipality’s new financial year. The implementation date for the 2018 General Valuation Roll is 1 July 2018.

14 MARKET INFORMATION The methodology that is used to value various property types determines the market information and property attributes which must be collected. Market information relates to: Sales of residential and other properties Rentals and expenses for income producing properties as well as capitalization rates. Construction costs for non-residential non-income producing properties.

15 Valuation Roll Process
Data Source LIS Data Collection Market information Collection Basis Determination Allocate CAMA modules Valuation (valuation system) Comparisons Valuations & final adjustments Legal Processes Objection Processes Implementation of Valuation Roll Appeals Supplementary Process

16 Did you inspect my property?
The CAMA system is based on statistical analysis and therefore requires reliable and accurate data. Data collection refers to the attributes of the property collected for the valuation process. This process is divided into two sections : Residential and Non residential.

17 Did you inspect my property?
Residential data collected is livable areas, outbuildings and other buildings (granny flat) as well as other attributes of the property such as swimming pool, location, security etc. Tools used to get the information are: Building plans Oblique imagery Physical inspections For non residential properties data is collected on a level basis such as shops, offices, parking etc.

18 General Valuation Roll 2018 Top

19 General Valuation Roll 2018 North

20 General Valuation Roll 2018 East

21 General Valuation Roll 2018 South

22 General Valuation Roll 2018 West

23 GV 2018 THANK YOU


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