Index Cacadu tables a budget of R150 million
Date Added: 30 May 2013

Executive Mayor of Cacadu District Municipality, Khunjuzwa Eunice Kekana, has tabled a Medium Term Revenue and Expenditure Framework (MTREF) of R150.9 million for the 2013/14 Financial Year.

An amount of R49.6 million will be allocated to fund projects, amongst which are the EPWP Roads and Stormwater project in Rietbron, the Nieu-Bethesda Water Treatment Works and agricultural support to various municipal areas. The Cacadu District Municipality has also allocated an amount of R4 million for the Cacadu Development Agency’s operations and will be contributing R16 million towards fire services and R8.5 million towards environmental health in the District.

According to Kekana, “The budget reflects the collective determination of the municipality to address the challenges of creating jobs, reducing poverty, building infrastructure and creating an enabling environment for economic growth. The ultimate aim is to use the budget as an instrument to improve the quality of life of the people we serve.

“The application of sound financial management principles for the compilation of the financial plan is essential and critical to ensure that the District remains financially viable and that sustainable municipal services are provided economically and equitably. In the 2011/2012 financial year, the Cacadu District Municipality spent R 153 million of the total operating budget, while the overall forecasted financial performance results for the 2012/2013 year reflect a forecasted total spending of R 147 million.”

The development objectives, strategies and projects contained in the Integrated Development Plan and budget of the Cacadu District Municipality, which supports 9 local municipalities, are the result of consultations with stakeholders across the District. The development objectives of the institution include infrastructure development, economic development, community services, capacity building and support and institutional development.

The Cacadu District Municipality has received six (6) unqualified audits in succession and is aiming to achieve a clean audit in the upcoming financial year, which commences on the 1st of July 2013.