Sep 08, 2010 - 
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ALFRED NZO DISTRICT MUNICIPALITY 2010-2011 DRAFT BUDGET
EXECUTIVE SUMMARY
The municipality’s projected overall spending envelop for the 2010/2011 MTREF budget amounts to R 365,412 million. Approximately R158.9 million will be spent in the operating budget and R206.4 million will be invested in capital expenditure.
The 2010/2011 MTREF budget has been prepared within the context of the global economic meltdown, taking into account the implications of this crisis on the local economy to ensure that the financial sustainability of the municipality is maintained.
In the MFMA Circular No. 51, National Treasury provides guidelines and challenges the municipalities to do more within its existing resource envelope. Accordingly, the municipality 2010/2011 MTREF budget was guided by the following principles:
- Producing a balanced budget;
- Maintaining fiscal stability;
- Maintaining the commitment to deliver quality services;
- Creating surplus cash to support capital investment;
- Collectively managing the costs down;
- Identifying alternative funding (leveraging with the private sector);
- Exploring new options for alternative revenue sources.
Indicated below is the municipality’s budget per Department for 2010/2011:
PROPOSED OPERATING BUDGET 2010/2011
| Description | Income | Expenditure | Capital |
| Executive & Council |
R 17,792,285.00 |
R -5,178,947.00 |
R 0.00 |
| Municipal Manager |
R 13,130,124.00 |
R -11,212,833.00 |
R 0.00 |
| Planning & Development |
R 8,913,375.00 |
R -5,092,400.00 |
R 0.00 |
| Budget & Treasury |
R 41,512,003.00 |
R -41,236,938.00 |
R 3,460,413.00 |
| Technical Services |
R 60,015,507.00 |
R -48 503 967.00 |
R 197,554,999.64 |
| Community Services |
R 1,695,000.00 |
R -20,785,886.00 |
R 950,000.00 |
| Corporate Services |
R 1,961,969.00 |
R -21,511,157.00 |
R 400,000.00 |
| Alfred Nzo Development Agency |
R 12,684,728.00 |
R -3,390,000.00 |
R 4,099,857.00
|
| SPU & Attic |
R 1,242,137.00 |
R -2,035,000.00 |
R 0.00 |
| Total | R 158,947,128.00 |
R-158,947,128.00 |
R 206,465,270.00 |
Funding of Capital Budget
| National Grants | |
| Municipal Infrastructure Grant |
R 153,179,000.00 |
| Municipal Drought Relief Grant |
R 8,447,000.00 |
| Regional Bulk Infrastructure Grant |
R 7,000,000.00 |
| Expanded Public Works Programme |
R 16,244,000.00 |
| National Grant – Equitable Share |
R 11,437,270.00 |
| Provincial Grants |
|
| Economic Development |
R 6,122,000.00 |
| External Loan |
|
| DBSA Loan |
R 4,000,000.00 |
| Total | R 206 429 270.00 |
Total Draft Budget 2010/2011:
| Operating |
R 158,947,128.00 |
| Capital |
R 206,429,270.00 |
| Total |
R 365,412,398.00 |