TZANEEN: Residents to face municipal #TariffIncrease

The Mayor of Greater Tzaneen Municipality, Maripe Mangena during the State of the Municipality Address last Thursday.

The Mayor of Greater Tzaneen Municipality, Maripe Mangena made the announcement during the tabling of 2017/2018 budget for adoption at Letaba Showground.

Mangena said in the new financial year which starts in July, electricity will go up by 1,88%, whilst water will be increased by 6,4%.

Sanitation will see an increment of 6,4% will solid waste removal will also go up by 6,4%.

He said no change to the property rates tariff of this financial year will be effected due to the high increase in property values on the new valuation roll and that an additional rebate of 20% on the property rates charge of residential property be effected.

The council approved a R1,150 billion consolidated budget for the 2017/2018 financial year which represents an increase of R57,9 million over the 2016/2017 financial year.

Residents and councillors listening attentively to the Mayor Maripe Mangena speech.

Mangena said the increment is mainly due to the increase in service charges and external grants from the national and provincial government. The total budget includes of R311,9 million is the equitable share allocation to the municipality from government.

“An amount of R108 million will be levied by way of property tax and R534,3 million will be sourced from user charges,” said Mangena.

He said the national allocations to fund operational activities amount to R7,063 million which includes the Finance Management Grant of R2,145 million and the Expanded Public Works Programme R4,918 million.

He said an amount of R1,105 Billion has been made available on the operational budget for expenditure.

“ This substantial increase is largely due to the increase in salaries, repairs and maintenance, general expenses and Eskom’s tariff for bulk electricity purchases,” he said.

He added that the expenditure amount also includes R257 million for salaries, R181 million for repairs and maintenance and R345 million for the purchase of bulk electricity.

An amount of R140, 8 million has been allocated for capital expenditure.

“ This amount includes the Municipal Infrastructure Grant allocation of R91 million which will be spend on roads and sport and recreational facilities as well as an amount of R5 million which represents counter funding on MIG Projects. Capital from loans amount to R34 744 614.

find your
dream home

looking for an
affordable
apartment

List your Property

It's easy in only three
simple steps...

find professional
services in
your area

Locate a business
operating in
your area

List your Business

Want more customers? They're online right now, searching for businesses like yours. Place your ad now...

Latest News

COMMENTS

mopani2 hoedspruit2 phalaborwa2
Top
Recommended Story
TZANEEN: GTM forms a gender and men’s forum

Thanx for your referral. We have no doubt your friends will love our newsletter as much as you!

Don't forget to verify your email.

SUBSCRIBE
to our free NEWSLETTER
!
SUBSCRIBE to our FREE newsletter.




SELECT your titles:

Letaba Herald


Your details:


Your friends:

I didn't sign up for this
I'd like to see and read more... (Please indicate in comments section below)
I'm relocating (Please indicate where to)
Other