The Executive Mayor of Tshwane, Cllr Solly Msimanga, delivered his first budget speech today. "This task will not be an easy one, but one for which we are ready. The budget that is today before Council is a demonstration of our commitment to making Tshwane a prosperous hub of opportunity, safety and sustainability. Failure in this regard is simply not an option. This budget is for my VIPs – the people of Tshwane," said the mayor.
He further announced that the budget will make it less expensive for consumers, the residents of Tshwane, compared to what would have been the case if proper affordability assessments were not carried out in the formulation of this budget.
Electricity will increase by 1,8%, water by 10,2% and refuse removal by 7,5%. Property rate tariffs will be based on the new valuation roll. The total account is expected to increase by around 2% on average.
In real terms this means that a Tshwane account holder who paid R394,54 on property rates in the 2016/17 financial year, will pay R346,43 in the upcoming 2017/18 financial year. This is a R48,11 decrease in what the City is asking our residents to pay.
Infrastructure-led growth will be the key to unlocking the potential of Tshwane. The expansion, upgrading and refurbishment of water, electricity, road networks and public transport, where necessary, will allow for greater commercial activity across Tshwane.
The City will prioritise an overhaul of the billing system over the next five years, including through the use and integration of e-systems, to ensure that all businesses and residents are billed correctly and fairly.
- R1,3 billion has been set aside to maintain and repair infrastructure.
- R660 million has been earmarked to develop infrastructure in Rosslyn, Ekangala and Waltloo so as to strengthen the industrial backbone for faster and sustainable growth.
- R122 million goes to EPWP job opportunities.
- R375,8 million has been awarded to roads and transport.
- R2 billion has been available to the metro police to give effect to the crime-fighting agenda.
- R40 million is earmarked for the fight against drugs.
Link for budget speech: