It’s almost time to valuate your property – municipality
The municipality informs the community of the difference between the general valuation roll and the supplementary valuation roll.
Since Mogale City Local Municipality (MCLM) revealed you can now receive your property valuation roll via email between February 1 and April 30, they are now distinguishing the difference between the general valuation roll and the supplementary valuation roll.
MCLM communications officer, Refilwe Mahlangu, defines the general valuation roll as a property register that the municipality updates every five years.
“It is a comprehensive list of all properties in Mogale City and during this process, each property’s market value is determined based on various factors including the market of the area, the location and size of the property in addition to any improvements on the property. The aim is to ensure that the municipality has an accurate and up-to-date record of property values, which is used to calculate property rates fairly and accurately,” she explained.
• Also read: MCLM’s upcoming general valuation roll
She defines the supplementary valuation roll as a roll that contains all the changes to property values and categories required during the year.
“The supplementary valuation roll is published annually after the publication of the general valuation roll. Changes to properties that are revalued will include but not be limited to factors including subdivisions, consolidations, rezonings, change in structures and category changes,” she added.
“The Supplementary Valuation Roll ensures that the property values reflect these changes, keeping the revenue to be collected updated as well as fair and equitable,” she concluded.
