In Case You Missed It: 2018/19 City Of Ekurhuleni Budget

Nkosindiphile Xhakaza, member of the mayoral committee responsible for the finance, ICT and economic development for the city of ekurhuleni delivered the annual budget speech on 24 May 2018.

Today we have tabled a very progressive budget that can only make our City a better place to live, play and invest. Our people have today, like every year, heard how we are going to spend their money on turning their lives around.

For the 2018/19 financial year, the budgeted operating expenditure is expected to be R37.5 billion and will be funded as follows:

  • Revenue generated internally – R29.2 billion
  • Operating grants – R6 billion
  • Capital grants – R2.3 billion.

Spending on capital and infrastructure projects is expected to be R6.9 billion in 2018/19, an increase of R300 million from the 2017/18 financial year. The capital budget will be funded as follows:

  • Revenue generated internally – R976.1 million
  • Government Grants – R2.3 billion
  • Loans – R3.6 billion.

According Moody’s, Ekurhuleni is rated at the high end of the range for South African municipalities.

success stories for the past 20 months in office. Among these are following:

• Installation of 2 021 street lights to provide lighting and help minimise
crime in areas such as Brakpan, KwaThema, Tsakane, Benoni, Daveyton,
Etwatwa, Tembisa and Katlehong.

• Electrical network was enhanced with the installation of 75km of
underground cable to ensure security of supply.

• Thousands of people living at the Malandela, Mpilisweni, Alberton station,
Masetshaba, Emandleni, Kalamazoo, Newland and Tokyo Sexwale
informal settlements, among others, today enjoy solar lighting owing to the
City’s roll out of 32 878 Photovoltaic lighting system.

• A total of 6 290 families today have electricity for the first ever following the
reticulation of households in Ekuthuleni, Villa Lisa Ext 2, Langeville
extension 6 and 8, Marikana, Thintwa informal, Phola Park, Winnie Mandela
and Holomisa informal settlements. Over 11 000 more are currently being
electrified in among others N12, Gugulethu, Everest, Comet and Peter
Mokaba.

• In broadening the supply of water to our people, a total of 12 451 new water
service points were installed across the region.

• In ensuring that our City remains clean and clear of rodents, we extended
the roll out of wheelie bins to an additional 147 877 households.

Also Read: City to boost its JMPD Metro Policing by another 180 traffic wardens

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