Water, electricity, property rates, refuse to increase in Tshwane - Williams
Updated | By Jacaranda FM News
Tshwane Mayor Randall Williams tabled the metro’s R39 billion budget for the 2012/2022 financial year.
The mayor told the council that the budget is expected to escalate to R43.5 billion in the 2023/24 financial year.
"The operating expenditure amounts to R39 billion, an increase of 4.1% against the 2020/21 Adjustment Budget, resulting in a surplus of R9.4 million for the 2021/22 financial year.
"The City is also tabling a Capital Budget that amounts to R3.7 billion for the 2021/22 financial year, R3.8 billion for 2022/23 and R3.9 billion for 2023/24," said Williams.
He explained that the budget has been prepared with the intention of keeping rates and tariff increases as low as possible through identified cost-cutting and savings.
The mayor point that property rates are to increase only by 2% while refuse removal charges would increase by 4.1%.
"Of particular concern, however, was the steep increase of 15,63% in the cost of bulk purchases from Eskom effective 1 April 2021," he said.
"The City has no other choice but to pass this cost increase on to customers, and a tariff increase of 14,59% effective 1 July 2021 is proposed in the 2021/22 budget.
"Similarly, the City is bound by the tariff increase for bulk purchases of water from Rand Water compelling the City to increase the water tariff by 8% while sanitation charges will increase by 10%."
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