By Ben Musanje
11th April 2019
Kawempe Division Urban Council has completed and unveiled its draft Properties valuation report indicating a total increase of over 45000 properties from 23000 in 2005 of the last valuation exercise.
Addressing the media at the Kawempe Division headquarters, the Divisional Mayor Dr. Emmanuel Sserunjoji says the revenue in Kawempe is projected to increase from 2.5bnshs of the last 15years to about 10billion shillings annually once property revenue collection starts.
He says that the new property valuation list is expected to be effected in July at the beginning of the new financial year 2019/2020.
However, the Kampala Capital City Authority (KCCA) Clerk Reuben Kamoga says that the draft list is availed for property owners to raise complaints in the established court within 30 days.
Property rate is 6 percent of the ratable value of a property as guided by the KCCA Act 2010 and the Local Government (Rating) Act 2005.
The ratable value of a property is 76 percent of the annual revenue that a building owner collects from tenants.
The remaining 24 percent is left for the owner to cater for utility bills and renovation.