Michele du Plessis
14 June 2017
The Thaba Chweu Local Municipality (TCLM) Budget Speech for the 2017/18 financial year was delivered Councillor Selina Mashego-Sekgobela (Executive Mayor) on May 31. The 2017/18 IDP/Budget amounts to R655 million, which is 15.35% higher than the financial year 2016/17. One of the most pressing challenges for TCLM is the Eskom Debt which is presently at R371 million.
“We are relentless in our efforts to put into action all necessary austerity measures in order minimise, if not eradicate, all wasteful usage of municipal resources,” said Mashego-Sekgobela. “Management has also been directed to stem the flow of leakages that places added burden on the finances of TCLM, such as the illegal usage of electricity, imprudent use of stationary, telephones and fraudulent claims of travelled kilometres.”
“The biggest contributing factors to municipal revenues are: electricity 28%, operating grants 20%, property rates 15%, capital grants 17%, water 8%, sewage3%, refuse 3% and other revenue 6%. An increase of 6.4% has been allocated to water, refuse and sanitation which are in line with the Consumer Price Index. Electricity tariffs will increase by 1.88% as recommended by the National Energy Regulator (NERSA). There will be a further increase of 2.3% in all block tariffs and an additional 12% increase in all basic charges,” concluded Mashego-Sekgobela.
An amount of R112 million will be utilised to fund capital projects such as: R48 million allocated for the road infrastructure, water supply supplement projects in the Northern areas and upgrade of stadiums in Mashishing; R13 million will be spent on electrification of households in Sabie (Nkanini) and other areas in Mashishing and R51million will be spent on upgrading the water network infrastructure in Lydenburg, Sabie and Graskop.
Please note: This is an extract of the budget speech.
Image: Thaba Chweu’s Executive Mayor, Councillor Selina Mashego-Sekgobela.