SR015734
MTUBATUBA MUNICIPALITY PUBLIC NOTICE FINAL BUDGET TARIFFS FOR 2026/27 This notice serves as the confirmation of the summary of tabled final Budget and proposed General Rates Assessment for the financial year of 2026/2027, as per Municipal Finance Management Act No, 56 of 2003 and Municipal Property Rates Act No 6 of 2004 taking into consideration of the application of the Municipal Property Rates Regulations as amended INKOSI UMTUBATUBA MUNICIPALITY FINAL BUDGET 2026-2027 TARIFFS NEW 2026/2027 Tarrifs Previous Tariffs 2025/2026 % Increase/ (Decrease) Increament Final Tariffs 2026/2027 ASSESSMENT RATES (per property per annum) Agriculture 0.00251 3.0% 0.00008 0.00258 Business/Commercial 0.01749 3.0% 0.00052 0.01801 Government 0.01749 3.0% 0.00052 0.01801 Public Service Infrastructure Exempt 3.0% Exempt Exempt Vacant stand 0.01000 3.0% 0.00030 0.01030 Residential 0.01000 3.0% 0.00030 0.01030 Hospitality Industry 0.01749 3.0% 0.00052 0.01801 Mining 0.00251 3.0% 0.00008 0.00258 REFUSE (per prperty per month including VAT) ST LUCIA Business/Commercial 930.16 3.0% 27.90 958.07 Place of Public Worship 86.81 3.0% 2.60 89.42 Residential 170.52 3.0% 5.12 175.64 Hospitality Industry 697.64 3.0% 20.93 718.57 OTHER (i.e. Mtuba, KwaMsane, Nordale, Riverview)- – 3.0% 0.00 – Business/Commercial 930.16 3.0% 27.90 958.07 Place of Public Worship 48.05 3.0% 1.44 49.49 Residential 93.01 3.0% 2.79 95.80 Hospitality Industry 697.64 3.0% 20.93 718.57 The impermissible rates 1. Municipality does not levy rates on the on the first R100 000 of the market value of property assigned to the categories below- Residential, agriculture, commercial, industrial. Secondary rebate 1. Pensioner`s residents who wish to be granted with special rebate must come to finance section to take a form and make the application. General 1. The Municipality proposed to increase it rate by 3.0% in the 2026/2027. 2. Rates will be levied monthly 3. Rates payers who wish to pay annual must apply in written to the CFO 4. Unpaid rates outstanding by last day of each month will have the interest of 1.5% per month 5. Legal actions will be taken in all accounts which have the outstanding amount of more than 3 months Indigent support grant 1. Households were verified combined gross monthly income of all occupants over 18 years of age does not exceed two times the official state monthly old age pension, or such other amount as the Municipality may from time to time determine during the budget process. Copies of the 2026/2027 Final Tariffs are available at Municipal offices situated at lot 105 INkosi Mtubatuba Road, Mtubatuba, 3935 and website: www.mtubatuba.gov.za. “““““““ Mr T.V Xulu Municipal Manager Inkosi uMtubatuba Local Municipality
Reference Number: SR015734