THE assessment tax in Kuala Lumpur will not be raised next year, said Kuala Lumpur mayor Datuk Seri Amin Nordin Abdul Aziz.
In announcing the 2017 Budget of the Kuala Lumpur City Hall (DBKL) yesterday, he said the decision was made given that the country’s economic growth was expected to slow down next year.
He added that the local authority would also not review the tax imposed on property in the capital city.
Further to this, Amin Nordin said disabled ratepayers would also be given a 20% discount on their assessment tax.
“We will be providing a 20% incentive to taxpayers from the disabled community. There will be no increase or revision of rates.
“DBKL expects to collect RM1.043bil, which accounts for 42.1% of its total revenue, from assessment taxes imposed on 550,000 property units in the city,” he revealed.
He also said that DBKL’s estimated revenue for 2017 was expected to increase by 8.1% to RM2.47bil compared to this year’s RM2.289bil.
Budget 2017, he said, totalled RM2.87bil with 60% going to management expenditure and 40% for development costs.
Allocation for management expenditure at RM1.73bil is a 0.05% increase on this year’s budget and will cover costs relating to six components.
These involve emoluments (RM495.1mil), overtime claims (RM67mil), services and supplies (RM1.094bil), purchase and replacement of small assets and inventories (RM4.22mil), grants and fixed charges (RM38.9mil), and other expenses (RM29mil).
The RM1.143bil development expenses allocation has increased by 14.6% or RM146.12 from the RM997mil 2016 budget.
The allocation provides for the implementation of development projects, as well as purchase and capital asset replacement.
There are 14 development and management programmes using the allocation.
The three main programmes are Roads and Drainages Programme (RM656.9mil) that takes up 29.4%, Management and Administration (RM393.47mil) at 17.6% of the total, and Public and Peoples Housing Programmes (RM297.1mil) at 13.3%.
Under the roads and drainage programme, DBKL will be maintaining roads in the city, which amount to 3,000km.
DBKL has allocated RM123.3mil for resurfacing works on main roads, public streets and residential areas, as well as the maintenance of rivers.
About RM533.7mil has been set for the implementation of 69 projects, including RM300.2mil for road upgrades, RM233.4mil for irrigation and drainage works, as well as RM176mil under the Greater Kuala Lumpur / Klang Valley River of Life programme.
DBKL has also provided RM100mil for works to upgrade Jalan Tun Razak and projects to overcome traffic problems along Jalan Yew.
As for Public and People's Housing programmes, DBKL’s collaboration with the Federal Territories Ministry for Federal Territories Affordable Housing (Rumawip) has 94 projects under its belt, providing 57,217 housing units.
A total of 55,000 units will be completed by 2018.
DBKL has taken the initiative to provide nearly 72,000 housing units in 32 areas under the People's Housing Project (PPR) and Public Housing (PA) initiatives.
An allocation of RM166.7mil is aimed at repairing and maintaining of PPR and PA flats, while RM50.4mil will be used for upgrading flat facilities at flats.
The newly proposed Council Home development, a joint venture with private developers, has been given an allocation of RM80mil for three areas – Kampung Sungai Udang in Segambut, Razak Mansion in Sungai Besi, and Kampung Keramat in Titiwangsa.
The Council Homes project is for young, single individuals, working in Kuala Lumpur and is estimated to cost RM345mil in total.
Work on the first phase at the Segambut site has started with levelling of the land and is estimated to be complete by 2018.