Media statement 29 February 2024
MMC for Finance
Cllr Jacqui Uys
In my capacity as MMC for Finance, I am pleased to report that during today’s Council meeting, our multiparty coalition government successfully passed the adjustment budget for the 2023/24 financial year. This is a significant development that will help drive service delivery and improve our financial stability.
The adjustment budget process provides a municipality with an opportunity to make key revisions to the approved original budget (for the 2023/24 financial year). This is done in response to changes that have affected the City’s finances and original planned spending.
In the case of the City of Tshwane, with our difficult financial position, we have done thorough work and assessed our performance during the first half of the financial year, based on service delivery and revenue collection targets. Through this process, we have geared our adjustment budget towards improving basic delivery for all and stabilising the City’s finances.
The adjustment budget is necessary to achieve the following:
- Authorise unforeseeable and unavoidable expenditure
- Address any shortfalls in the revenue from service charges
- Address overspending and underspending
- Authorise the use of projected savings (if any)
- Appropriate rollover grants that were approved during the financial year
- Appropriate additional grant funding that has been received
The following noteworthy items were adjusted upwards on the operating expenditure:
- Rooiwal water care (chemicals and waste water purification): R12 million form the City and R25 million from the Development Bank of Southern Africa (DBSA) grant
- Housing top structures: R11,7 million
- Water tankers (water and sanitation): R54 million
- Water credit control and audit of meters (connections and disconnections): R22 million
- Electricity credit control (connections and disconnections): R50 million
- Household refuse removal: R75 million
- Illegal dumping: R20 million
- Urban management: R15 million
- Watchman services: R305,6 million
Capital expenditure allocations include R40 million for road refurbishment, R8,7 million for workshop equipment to grow our own artisans and R13 million for the Townlands social housing project.
This adjustment budget demonstrates the commitment of our multiparty administration to accelerate service delivery despite the City’s financial position.
I would like to thank the parties in Council that supported this adjustment budget. It is important that we continue to work together for the benefit of Tshwane residents.
Media enquiries
MMC Jacqui Uys