How does the cost of the Camps Bay CID compare to other CIDs in the area?

Written by 0vdge on 6 March 2023. Posted in FAQResi.

The proposed CID contribution rate of R87.69 per R1m of municipal valuation is at the lower end of CIDs that contain a residential component, and considerably lower than most other CIDs along the Atlantic Seaboard. The rate is slightly more than Llandudno and slightly less than Clifton.

If established, Camps Bay CID will be the second largest CID with a residential component in the City of Cape Town. The associated economies of scale enable us to put forward a comprehensive solution and provide the best possible value for additional ratepayers.