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2022 Draft Budget Consultation Richmond Municipality OPERATIONAL BUDGET 1. Revenue budget: • R114 million as income to be generated in the 2021/22 budget year. The budgeted income is made up of the following items: • Property Rates: R19,5 million • Services Charges for refuse removal: R590 thousand • Rental of facilities: R1 million • Interest Income from cash invested: R2.4 million • Collection Charges on outstanding property rates: R3,7 million • Licenses and permits: R1,6 million Grants from government department: R6,9 million • Other income from operations: R3,9 million 2. Expenditure Budget: R143 million as expenditure in the 2021/22 financial year. The budgeted expenditure is made up of the following items: • Employee related costs: R60 million • Remuneration of councillors: R6,2 million • Debt impairment - due to poor collection of rates: R3 million • Depreciation & asset impairment: R20,1 million • Finance charges or interest expense: R199 thousand • Contracted services: R28,4 million • Other operation expenses: R17,4 million

The 2021/22 expenditure budget was increased by 4%. This was done taking into account the projected inflation percentage increase for the 2022 financial year. CAPITAL PROJECTS 3. Electrification Projects: The Department of Energy has approved and allocated an amount of R10.9 million for the 2021/22 financial year. The R10,9 million allocation will be used to electrify the following areas: • 300 x Shayamoya Mkhobeni Connections: R5,4 million • 190 x Smozomeni Connections : R3.4 million • 300 x Kosithole/Kosotobe Connections: R2.1 million 4. Infrastructure Projects: 4.1 Grant Funded R18,4 million has been allocated for the 2021/22 financial year in respect of MIG. The MIG Grant is used by the municipality to implement capital projects such as: Road Infrastructure, Community Halls and Sport Facilities • Ezindongeni Main Road and Bus Shelters: R4 million • Ezulwini Bridge: R7,4 million • Resurfacing on Internal Roads: R4,9 million • Construction of sport field ward 7: R1 million

• Construction of Sheti Box Culvert: R1 million 4.2 Internally Funded: The following capital projects will be implemented and funded by own funds/resources: • Refurbishment of Richmond Memorial Hall: R1,5 million • Acquisition of Tractor: R500 thousand • Installation of Town Cameras: R750 thousand • Waste Removal Truck: R1,5 million • Landfill site maintenance: R2,5 million 5. Municipal Programmes: • Local Economic Development Strategy: R150 thousand • Tourism Strategy: R150 thousand • Training of youth: R200 thousand • Gender program: R100 thousand • Disaster Management: R300 thousand • Art and Culture: R100 thousand • LED programs: R300 thousand 6. Public Participation Budget: • Ward Committee: R100 thousand • MPAC Oversight: R30 thousand • Public meetings, awareness campaigns and events: R150 thousand • Evaluation meeting: R200 thousand • Uniform: R80 thousand

Municipal Focus

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Profile for kwedamedia

Municipal Focus Volume 52  

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