Maphumulo IDP - KZN Development Planning
Maphumulo IDP - KZN Development Planning
Maphumulo IDP - KZN Development Planning
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
7.2 OPERATING REVENUE AND EXPENDITURE FRAMEWORKThe Table that follows indicate the expected operating revenue for <strong>Maphumulo</strong> Municipality.It includes revenue that would actually flow into the Municipality for billed, but not collectedincome. The “bottom line” is the disposable operating revenue, i.e. the amount that theMunicipality would have to allocate in terms of this Financial Plan.Income Original Budget Adjusted Budget Draft Budget2011/2012(R) 2011/2012(R) 2012/2013 (R)Equitable Share 43,137,000.00 43,137,000.00 47,728,000.00Financial ManagementGrantMunicipal InfrastructureGrantMunicipal SystemsImprovement Grants1,450,000.00 1,450,000.00 1,500,000.0016,881,000.00 16,881,000.00 20,000,250.00790,000.00 790,000.00 800,000.00Property Rates 17,920,054.00 17,920,054.00 18,636,856.00Interest on Investment 431,061.00 431,061.00 600,000.00Rentals and other 418,101.00 500,000.00 550,000.00incomeTable 29: The Expected Operating Revenue for <strong>Maphumulo</strong> MunicipalityA summary of the 2011/12 budget and draft 2012/2013 budget is as follows:Operating Budget (R)Capital Budget (R)Original 2011/12 Budget 55,171,810.00 39,127,000.00Adjusted 2011/12 Budget 57,614,888.00 36,501,285.00Draft 2012/13 Budget 62,947,486.00 40,526,400.00Table 30: A Summary of the 2011/12 Budget & Draft 2012/2013 BudgetBelow is a summary of expenditure by Department in respect of the Operating Budget:Department Original Budget (R) Adjusted Budget (R) Draft Budget (R)2011/2012 2011/2012 2012/2013Corporate Services 8,553,457.00 9,223,412.00 10,376,948.00Council General 9,785,673.00 8,129,507.00 8,154,484.00Finance 22,055,831.00 21,318,672.00 23,171,351.00Municipal Manager 2,695,642.00 3,294,712.00 3,488,149.00Technical Services 4,219,079.00 8,087,556.00 8,884,002.00Community services 5,086,791.00 4,622,914.00 5,074,127.00Housing 703,192.00 842,587.00 954,211.00<strong>Planning</strong> Services 2,072,146.00 2,095,528.00 2,014,356.00Total Expenditure R55,171,811.00 R57,614,888.00 R62,117,628.00Table 31: Summary of Expenditure by Department__________________________________________________________________________________________<strong>Maphumulo</strong> Integrated <strong>Development</strong> Plan (<strong>IDP</strong>) 2012 - 2013Final June 2012Page 120 of 142
Change language