Zibagwe RDC Acting Chief Executive Officer, John Takavarasha, said the rates were reduced after stakeholders and clients made several pleas about the high tariffs.
He said the local authority also appreciated the fact that when the multiplecurrency system was first introduced the council and its severalstakeholders did not fully appreciate the market value of the currencies,which resulted in unrealistic and inaccurate rates.
“The council generally reduced rates by an average of 30 per cent in comparison with the rates we were charging in the year 2009. This was a result of representations made at the various budget consultative meetings that were conducted during the budget process.
There was also a realisation that the introduction of the multi-currency system in 2009 saw unrealistic budget figures as the value of the United States Dollar was not fully appreciated at the time by even the council itself. This affected our clients and ratepayers in general and from the consultations we have since reduced the rates,” said Takavarasha.
However, Takavarasha said the rates due from industrial companies were slightly increased with the introduction of a 2 per cent Education and Health levies.
He said the council expected the performance rate of the US$1, 760,215.58 budget to be above 80 per cent.
The 2009 budget, which stood at US$845, 815.40, which is about half the 2010
budget, performed at 49 per cent.
Zibagwe is one of the rural districts in the Midlands province that has strong partnerships with the private sector and the donor community, with such organisations as Plan International Zimbabwe constructing and developing schools and clinics on a quarterly basis.Post published in: World News