| 21. | The council had decided to reduce assessment rates on all properties by 0 . 5 to one per cent.
|
| 22. | On assessment rates next year, he said some areas would see an increase of one to two per cent.
|
| 23. | He said the council was still discussing with Malaysia Airport Berhad on the assessment rate payable to the council.
|
| 24. | Local authorities and municipalities are empowered under Section 143 Local Government Act 1976, to review assessment rates every five years.
|
| 25. | The MPPJ has reduced assessment rates by 0 . 5 to one per cent on all properties for next year.
|
| 26. | Assessment rates in other areas in the municipality will also be reduced from eight to 7 . 5 per cent.
|
| 27. | Kamarul Bahrim also said the council was in the midst of distributing notices to all ratepayers on new assessments rates.
|
| 28. | He said the council was losing revenue by charging the land owners assessment rates based on the current land title.
|
| 29. | He said the council's revaluation exercise which determined the assessment rates was done according to the law and was fair.
|
| 30. | Its assessment rate fell 5.3 percent to 11.36 million yen per square meter, down from 12 million yen last year.
|
