The Kpone- Katamanso Municipal Assembly in the Greater Accra Region has reduced its property rate by 50 percent.

The move was triggered by the frequent appeals by residents for a reduction in the cost of the rate.

Speaking to the Ghana News Agency, Mr. Noble Atsu Ahadzie, KKMA Budget Analyst, noted that most residents were lamenting over the cost of the property rate adding that it was just fair to address such concerns.

He explained that the reduction took place last year, and that those who paid their rates this year enjoyed the 50 percent reduction.

Mr. Ahadzie explained that some residents were previously not paying their rate due to the inability of the Municipal assembly to locate them.

“Now with our new technology no one can escape, we would locate you,” he added.

The budget analyst further mentioned that the Municipal Assembly is ready to explain issues on the rates and other relevant matters to the residents.

He called on residents to continually pay their rates to the Assembly to enable the Assembly carry out development projects in the communities.

Meanwhile, some residents of Saki, Bediako, Golf City, Calypso, Community 25 and other communities within the Municipality have raised concerns over some notice of summons by the Municipal Assembly to have their properties sold to defray their debt if they fail to pay their property rate within a specified period.