RNM 2017/ 18 adjustment budget approved

2018-03-08 06:01

RAY Nkonyeni Municipality approved the 2017/2018 Adjustment Budget of R1 billion at the council meeting held on Tuesday.

The adjustment of the budget was mainly as a result of several factors such as revenue, provision for salaries and allowances due to equalisation as a result of amalgamation, bulk purchases, contracted services and grants from other spheres of government.

During her presentation, RNM mayor Nomusa Mqwebu highlighted several projects allocated to municipal clusters amounting to almost R140 million, excluding the projects which are regarded as municipal-wide projects and departmental capital items.

The total budget is made up of the operating budget of R889,9 million and capital budget of R142,9 million. Mqwebu said that despite the challenges in the economy in general, the municipality has to ensure that it continues to change the lives of people for the better. She said that this budget will go a long way towards fulfilling the vision of the Freedom Charter that South Africa belongs to all who live in it. For the detailed adjusted budget go to www.rnm.gov.za.

— Supplied.

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