SDM announces budget

DENNILTON – The total operating budget for Sekhukhune District Municipality (SDM) is set at nine-hundred-and-fifty-eight coma three million (R958, 3 million), increasing to one coma one billion (R1.1 billion) in 2020/2021 financial term.

The district municipality’s total capital budget for 2018/2019 stands at six-hundred-and-fifty-one coma six million, which is expected to decrease to six-hundred-and-seven coma five million (R607,5 million) in the 2020/2021 financial year.

Sekhukhune District Municipality Executive Mayor, Stan Ramaila, made the announcement during the detailing of the district municipality’s Medium Term Revenue and Expenditure Framework (MTREF) for the 2018/2019, 2019/2020 and 2020/2021 at Matlala “A” Lehwelere Tribal Office, Dennilton in his budget speech on Friday, 18 May 2018.

The Executive Mayor announced therefore that the total budget for 2018/2019 financial year stood at one coma six billion (R1.6 billion).

Explaining the budget, Ramaila said operating revenue stood at nine-hundred-and-forty coma four million and would increase to nine-hundred and seventy coma four million in 2019/2020 financial year and further to one billion in 2020/21.

He added that capital revenue was at six-hundred-and-sixty-nine coma five million and is envisage for a six-hundred-and-ninety-six million increase in the 2020/2012 financial year.

“On deficit, the budget deficit for the 2018/2019 financial year stands at zero. The municipality has budgeted for a surplus in the outer years,” further informed Ramaila.

The Executive Mayor announced Infrastructure and Water Services Department, which he described core in constitutional mandate of local government and providing sustainable basic services, has been allocated over five-hundred-and-two million (R502 628 782,70 million), accounting to 53% of the total budget to implement water and sanitation projects.

In the Municipal Infrastructure Grant (MIG) Sanitation Projects, Ramaila informed Elias Motsoaledi Local Municipality would get twenty-six million (R26 million), Ephraim Mogale Local Municipality, forty-four coma five million (R44 500 00 million), Fetakgomo Tubatse Local Municipality ninety-three coma nine million (R93 926 602 million) for sanitation backlog and Makhuduthamaga Local Municipality sixty-five million (R65 000 000 million) for VIP sanitation programme phase 2.

In terms of setting one of the district municipality’s key projects, cost recovery in motion Ramaila announced they would unleash strategies such as spending two million rands for Monsterlus, eight million rands for Leeuwfontein where one-thousand-six-hundred-and sixty-six meters would be installed, spend ten million rands in Motetema for nine-hundred-and fifty meters installation and ten million rands for Praktiseer with a target of three-thousand-five-hundred meters.

“We will implement a rigorous credit control policy by ensuring that revenue is collected in villages and townships that receive water such as Monsterlus, Motetema, Leeuwfontein, Flag Boshielo, Mapodile, Ga-Nkoana, and other areas,” said Ramaila.

He added the district municipality has set aside hundred-and-fifty-thousand rands for the facilitation land for municipal offices in Makhuduthamaga Local Municipality.

 

 

 

 

 

Thapelo Motseo

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