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TABLING OF THE 2017 / 18 to 2019 / 20
DRAFT BUDGET FOR COUNCIL APPROVAL
26 MAY 2017
TABLE OF CONTENTS
1. General information
2. Draft Operating Budget
3. Draft Capital Budget
4. The proposed tariffs
5. A comparison with other sister Metropolitan Municipalities
6. Some major shifts after tabling the budget and comments from other
stakeholders
7. Budgeted Cashflow and Cash Backing status of the budget
1. GENERAL INFORMATION
Purpose of the “Draft” Budget Report
• Section 24 of the MFMA requires that an annual budget be approved before the start /
beginning of the budget year;
• The budget be approved together with the adoption of resolutions as may be
necessary –
Imposing any municipal tax for budget year;
Setting any municipal tariffs for the budget year;
Approving measurable performance objectives for revenue from each
source and for each vote in the budget;
Approving any changes to the municipality’s Integrated Development Plan
(IDP); and
Approving any changes to the municipality’s budget-related policies.
SUBMIT THE APPROVED ANNUAL BUDGET TO THE NATIONAL
TREASURY AND THE RELEVANT PROVINCIAL TREASURY.
Budget and Financial Planning Assumptions
Overview The Municipal fiscal environment is influenced by the following:
•National Treasury guidelines with regard to year-on-year increases in Budget (i.e. the Budget Circulars – latest is 85 and 86) •National Electricity Regulator (NERSA) regulates bulk electricity tariff increases •Department of Water Affairs (DWA) regulates bulk water tariff increases •SALGBC regulates salary increases •Government Departments (i.e. Nationally and Provincially) affect service delivery through the level of grants and subsidies
Budget Principles Adopted Principles and guidelines that inform the compilation of the Budget:
•Level of property rates and tariff increases to provide for maintenance and replacement of infrastructure, including expansion of services •Level of property rates and tariff increases to ensure financially sustainable service delivery •Budget process must commence as soon as the budget is approved by Council on or before end May
(of each year). One day delayed is one day too many!!!
Budget and Financial Planning Assumptions (2017/18 – 2019/20)
Income % % %
Tariff increases for water 9 9 9
Tariff increases for sanitation 9 9 9
Tariff increases for refuse 9 9 9
Property rates increase 9.5 9.5 9.5
Electricity (average increase in income) (Since Changed to 1.88%) 12.2 12.2 12.2
Revenue collection rates (excluding ATTP subsidies) 94 95 96
Total expenditure increase allowed (excluding repairs and maintenance) 6 6 6
Salary increase 8 8 8
Increase in repairs and maintenance 6 6 6
Increase in bulk purchase of power costs 12.2 12.2 12.2
Increase in bulk purchase of water costs 12 12 12
• The proposed tariffs increases have since changed and are discussed in the following slides. The changes occurred after the tabling of the Budget Report to Council for noting on the 30 March 2017 and are as a result of considering other external factors.
National Grants (Conditional / Unconditional) availed from the National Fiscus – A Grant Funded
Budget…
GRANT NAME 2016/17 2017/18 2018/19 2019/20
Equitable Share 798,043,000 844,287,000 942,772,000 1,028,922,000
Financial Management Grant 1,050,000 1,050,000 1,000,000 1,000,000
Expanded Public Works Program 8,496,000 4,807,000
Infrastructure Skills Development Grant 14,500,000 15,394,000 16,334,000 17,229,000
Fuel Levy Grant 496,799,000 545,218,000 595,374,000 648,286,000
TOTAL - OPERATING 1,318,888,000 1,410,756,000 1,555,480,000 1,695,437,000
Urban Settlements Development Grant (USDG) 868,282,000 911,761,000 957,731,000 1,011,773,000
Neighborhood Partnership Development Grant (NDPG) 21,476,000 15,000,000 20,000,000 20,000,000
Public Transport Network Operations Grant 273,297,000 234,360,000 247,874,000
Integrated National Electrification Program Grant
(INEPG)35,000,000 30,000,000 45,000,000 45,000,000
Integrated City Development Grant 9,276,000 7,308,000 17,478,000 18,458,000
TOTAL - CAPITAL 924,758,000 1,237,366,000 1,274,569,000 1,343,105,000
TOTAL GRANTS (OPERATING AND CAPITAL) 2,243,646,000 2,648,122,000 2,830,049,000 3,038,542,000
OPERATING GRANTS
ALLOCATION OF CAPITAL GRANTS i.t.o. THE DIVISION OF REVENUE BILL (2017/2018)
ALLOCATION OF OPERATING GRANTS i.t.o. THE DIVISION OF REVENUE BILL (2017/2018)
The Historic Collection Rate – Is it the right trend?
July August September October November December January February March April May June
2011-2012 92.88 92.51 84.57 116.44 104.17 94.95 93.82 101.61 94.28 85.83 92.08 86.9
Accumulate 92.88 92.68 89.46 95.53 97.06 96.73 96.32 96.9 96.6 95.48 95.16 94.46
2012-2013 98.89 96.42 82.01 100.71 93.76 96.15 82.67 91.51 88.89 98.69 100.48 88.71
Accumulate 98.89 97.59 91.46 93.81 93.8 94.14 92.53 92.3 91.74 92.41 93.12 92.6
2013-2014 102.94 95.69 85.87 99.23 98.07 94.78 85.89 88 98.58 96.01 92.31 91.22
Accumulate 102.94 99.13 93.49 94.95 95.47 95.37 94.06 93.36 93.91 94.09 93.94 93.72
2014-2015 98.96 90.85 88.63 106.36 89.06 96.36 79.76 90.76 101.72 97.32 93.8 99.57
Accumulate 98.96 94.5 92.1 95.81 94.63 94.89 92.8 92.58 93.47 93.82 93.82 94.27
2015-2016 102.8 87.54 83.76 95.42 93.82 98.31 76.6 95.4 98.2 89.5 86.6 95.5
Accumulate 102.8 94.16 89.81 91.27 91.71 92.68 90.4 91.0 91.7 91.5 91.1 91.4
2016-2017 88.5 92.7 92.4 94.0 98.6 96.8 87.3 89.8 98.1
Accumulate 88.5 90.8 91.5 92.1 93.2 93.7 92.9 92.5 93.1
COLLECTION RATE
2. DRAFT OPERATING BUDGET
The High Level Overview of the 2017/18 to 2019/20 Budget
DETAILS
Adjustments
Budget
2016/17
“R”
Budget
Year
2017/18
“R”
Budget Year
2018/19
“R”
Budget Year
2019/20
“R”
Total Operating Revenue 9,401,671 9,363,536 10,197,685 11,054,320
Total Operating Expenditure 9,823,533 9,488,809 10,173,091 10,784,515
Surplus/(Deficit) (421,861) (125,274) 24,593 269,805
Over the MTREF Period 169 124
Total Capital Expenditure 1,552,012 1,601,891 1,613,792 1,691,246
Draft Operating Revenue – By Source
Description 2017/18 Medium Term Revenue & Expenditure Framework
R thousand Budget Year
2017/18
As %Ntage
of Total
Revenue
Budget Year
+1 2018/19
Budget Year
+2 2019/20
Revenue By Source
Property rates 1 882 347 20.10 2 091 299 2 294 414
Service charges - electricity revenue 3 748 825 40.04 4 029 337 4 329 998
Service charges - water revenue 714 594 7.63 783 848 859 583
Service charges - sanitation revenue 469 359 5.01 518 568 604 919
Service charges - refuse revenue 174 671 1.87 186 708 199 565
Rental of facilities and equipment 18 886 0.20 20 016 21 227
Interest earned - external investments 105 174 1.12 110 993 117 166
Interest earned - outstanding debtors 178 343 1.90 193 157 209 240
Fines, penalties and forfeits 265 711 2.84 281 658 298 562
Licences and permits 26 671 0.28 28 298 30 025
Transfers and subsidies 1 543 704 16.49 1 685 582 1 801 937
Other revenue 235 219 2.51 268 187 287 649
Gains on disposal of PPE 32 0.01 34 36
Total Revenue (excluding capital transfers and
contributions)
9 363 536 100 10 197 685 11 054 320
Draft Operating Expenditure – By Type
Description 2017/18 Medium Term Revenue & Expenditure Framework
R thousand Budget Year
2017/18
As %Ntage of
Total
Expenditure
Budget Year +1
2018/19
Budget Year
+2 2019/20
Expenditure By Type
Employee related costs 2 842 251 29.95 3 078 090 3 328 993
Remuneration of councillors 70 938 0.75 75 609 80 589
Debt & Asset Impairment 619 213 6.53 566 379 504 858
Depreciation 808 877 8.52 898 060 919 306
Finance charges 148 169 1.56 142 315 136 758
Bulk purchases (i.e. Water and Electricity) 3 005 447 31.67 3 136 406 3 423 194
Other materials 276 975 2.92 377 383 399 368
Contracted services 1 183 120 12.47 1 333 829 1 397 893
Transfers and subsidies 112 165 1.18 115 085 114 771
Other expenditure 421 653 4.45 449 935 478 785
Total Expenditure 9 488 809 100 10 173 091 10 784 515
Surplus/(Deficit) (125 274) 24 593 269 805
Comparing Legacy vs. New Approach (An Example – Pg 14 of the Agenda)
3. DRAFT CAPITAL BUDGET
Capital Budget - Per Directorate (Excl. MBDA)
Directorate
Revised Draft
2017/18 Capital
Budget
Draft 2018/19 Capital
Budget
Draft 2019/20
Capital Budget
Budget & Treasury 25,574,580 6,242,500 19,819,553
Chief Operating Officer 6,410,526 15,331,579 16,191,228
Corporate Services 13,560,000 17,150,000 16,085,000
Economic Development, Tourism and Agriculture
Under the Roads, Stormwater, Transportation
and Fleet’s Budget
Sport and Recreation 38,720,000 35,500,000 28,000,000
Human Settlements 221,676,316 219,754,386 241,569,298
Electricity and Energy 276,985,789 267,873,684 285,712,684
Roads, Stormwater, Transportation & Fleet 436,050,070 427,230,635 452,062,174
Water Services 196,000,000 210,500,000 211,000,000
Sanitation Services 281,964,035 309,860,526 308,860,526
Public Health 47,100,000 44,000,000 51,766,000
Safety & Security 13,700,000 21,500,000 19,000,000
Motherwell Urban Renewal Programme 7,500,000 - -
1,565,241,316 1,574,943,310 1,650,066,463
Capital Budget - The Funding Sources
FUNDING SOURCES 2017/18
%ntage
Allocation 2018/19
%ntage
Allocation 2019/20
%ntage
Allocation
Total CRR - 901 85,674,580 5.5 77,992,500 5.0 79,669,553 4.8
Total Electricity CRR - 904 80,000,000 5.1 85,000,000 5.4 90,000,000 5.5
Total Levies Replacement Grant Funding - 959 322,350,000 20.6 336,500,000 21.4 352,000,000 21.3
Total Public Contributions Funding - 923 77,300,000 4.9 77,000,000 4.9 77,000,000 4.7
Urban Settlements Development Grant - 951 785,790,351 50.2 821,114,912 52.1 868,520,175 52.6
Total DME Grant Funding - 953 26,315,789 1.7 39,473,684 2.5 39,473,684 2.4
IPTS Grant - 918 168,242,175 10.7 104,986,775 6.7 109,667,963 6.6
Neighbourhood Development Grant - 919 13,157,895 0.8 17,543,860 1.1 17,543,860 1.1
Integrated City Development Grant 6,410,526 0.4 15,331,579 1.0 16,191,228 1.0
Total Capital Budget Funding 1,565,241,316 100 1,574,943,310 100 1,650,066,463 100
FUNDING SOURCES OF CAPITAL BUDGET
INTERNAL SOURCES
EXTERNAL SOURCES
Major Capital Projects (2017/18 to 2019/20)
Draft Budget 2017/18 Draft Budget 2018/19 Draft Budget 2019/20
Drought Relief Projects - Nooitgedagt 12,750,000 13,000,000 5,000,000
Bucket Eradication Programme 40,000,000 10,000,000 10,000,000
Intergrated Public Transport System 168,242,175 104,986,775 109,667,963
Internal Reticulation Service for Housing Delivery 221,676,316 219,754,386 241,569,298
Fishwater Flats Wastewater Treatment Works
Upgrading 64,400,000 90,500,000 90,500,000
Informal Housing Electrification 44,815,789 39,473,684 39,473,684
Kelvin Jones Wastewater Treatment Works
Upgrading 13,000,000 10,000,000 15,000,000
Tarring of Gravel Roads 90,000,000 100,000,000 102,090,351
Elandsjagt - Upgrade and Capacity 12,000,000 15,000,000 15,000,000
666,884,280 602,714,845 628,301,296
MAJOR CAPITAL PROJECTS FOR 2017/18 - 2019/20
How does the Draft Budget respond to the plight of the Poor Communities?
Project Details Operating / Capital "Rm" 2017/18 "Rm" 2018/19 "Rm" 2019/20 "Rm" MTREF Total "Rm"
Assistance to the Poor (ATTP) Operating 580.1 582.4 609.6 1,772.1
War on Illegal Dumping Operating 7.0 7.0 7.0 21.0
Litter Picking and Co-operatives Operating 35.0 37.2 39.5 111.7
Humanitarian Fund Operating 6.0 6.0 6.0 18.0
Operationalisation of Metro Police (Cllr Makoki and
Mhlongo - 14 and 15) Operating 58.9 66.7 82.8 208.4
Thusong Operationalisation Operating 2.9 4.2 4.6 11.7
Bucket Eradication Program (Cllr Vena - 1) Capital 40.0 10.0 10.0 60.0
Rehabilitation of KwaZakhele Collector Sewer Capital 4.0 6.5 10.0 20.5
Markman - Replace 600mm Sewer Capital 22.0 10.0 1.0 33.0
KwaNobuhle WWTW Upgrading Capital 10.0 14.0 1.0 25.0
Fishwater Flats WWTW Upgrade Capital 64.4 90.5 90.5 245.4
Private Township Development Capital 15.0 15.0 15.0 45.0
Informal Housing Electrification (Cllr Mrara - 2) Capital 36.3 39.4 39.4 115.1
Undeclared Informal Electrification (Cllr Mrara - 2) Capital 8.5 - - 8.5
Public Lighting Capital 20.0 20.0 20.0 60.0
Upgrading & Development of Public Open Spaces Capital 12.5 5.0 11.0 28.5
Cemetery Development and Upgrading (Public Health) Capital 6.0 6.0 6.0 18.0
Mendi Arts and Culture Centre Capital 6.0 6.0 6.0 18.0
Upgrade Existing Sportsfields Capital 11.0 5.0 5.0 21.0
Housing Delivery Programs (Human Settlement) Capital 221.6 219.7 241.6 682.9
Tarring of Gravel Roads Capital 90.0 100.0 102.0 292.0
Construction of Bloemendal Arterial Capital 15.0 10.0 10.0 35.0
Standford Road Extension Capital 2.0 20.0 20.0 42.0
Njoli Sq. Re-development Capital 5.6 17.5 17.5 40.6
Provision of Sidewalks Capital 20.0 10.0 10.0 40.0
IPTS - BRT Capital 168.2 104.9 109.6 382.7
Stormwater Improvements (Various) Capital 13.5 18.5 19.5 51.5
-
TOTAL 1,481.5 1,431.5 1,494.6 4,407.6
4. THE PROPOSED TARIFFS
The Proposed Tariffs Increases (Year-on-Year)
Property Rates - 4.4% (Excluding the changes in the Property Valuation Roll, per each and every property, based on the new GV implementable from 1 July 2017) Water - 9.0% Sanitation - 9.0% Refuse - 9.0% Electricity - 1.88% (On average depending on various categories of properties being levied, as presented in a separate item elsewhere in the Agenda: (NB – Subject to approval of the application by NERSA)
Historic Tariffs Increases - NMBM
SERVICES 2016/17 2015/16 2014/15 2013/14 2012/13
% % % % %
Electricity 7.64 12.2 7.39 7
8 (small businesses) & 11.03
(medium to large businesses)
Water 9 13 12 13 13
Sanitation 9 12 12 13 13
Property Rates 9.5 9.5 9.5 9.14 13
Refuse 9 11 12 13 13
HISTORIC PERCENTAGE INCREASES FOR SERVICES
Property Rates Tariffs Increases (Year-on-Year
Average)
Current
Tariffs
2016/17
Proposed
Tariffs
2017/18
% Inc
Agricultural Property 01:00.2 0.2132 0.2226 4.41%
Business And Commercial Property 01:02 2.1324 2.2258 4.38%
Industrial Property 01:02.5 2.6655 2.7823 4.38%
Mining Property 01:02.5 2.6655 2.7823 4.38%
Public Benefit Organisations Property 01:00.3 0.2666 0.2782 4.35%
Public Service Infrastructure Property 1:0.10* 0.1599** 0.1113**
Residential Property 01:01 1.0662 1.1129 4.38%
Vacant Land 01:03 3.1986 3.3387 4.38%
PROPERTY RATES TARIFFS 2017/2018
Category Ratios
Cent/Rand
The movement in Property Valuations i.t.o. of
the new GV (An Example)
Current Residential Tariff 1.0662 1.1129
MARKET VALUE AFTER
R15,000 REDUCTION2016/17 RATES
2017/18 RATES IF
NO CHANGE IN
MARKET VALUE
DURING GENERAL
VALUATION
2017/18 RATES IF
R200,000
INCREASE IN
MARKET VALUE
DURING GENERAL
VALUATION
2017/18 RATES IF
R200,000
DECREASE IN
MARKET VALUE
DURING GENERAL
VALUATION
R 500,000 R 5,331.00 R 5,564.50 R 7,790.30 R 3,338.70
R 600,000 R 6,397.20 R 6,677.40 R 8,903.20 R 4,451.60
R 700,000 R 7,463.40 R 7,790.30 R 10,016.10 R 5,564.50
R 800,000 R 8,529.60 R 8,903.20 R 11,129.00 R 6,677.40
R 1,000,000 R 10,662.00 R 11,129.00 R 13,354.80 R 8,903.20
R 1,500,000 R 15,993.00 R 16,693.50 R 18,919.30 R 14,467.70
R 2,000,000 R 21,324.00 R 22,258.00 R 24,483.80 R 20,032.20
Proposed 2017/18 Residential Tariff
Electricity Tariffs Increases (Year-on-Year
Average)
Customer category% Tariff
Increase
Domestic 3.78%
Small Business 3.77%
Medium Business 3.97%
Large Business -0.88%
Average Increase 1.88%
5. HOW DO WE COMPARE WITH
OTHER SISTER METROS?
Tariffs Increases – NMBM vs. Others
COMPARATIVE TARIFFS INCREASES - METROPOLITAN MUNICIPALITIES (2017/18)
SERVICES NMBM ETHEKWINI BUFFALO CITY CAPE TOWN JOBURG TSHWANE EKURHULENI MANGAUNG
% % % % % % % %
Electricity
1.88 (On average
depending on each
category) 1.90% 1.93% 3.34% 2,3% 1.88% 7.00% 7.64%
Water 9.0% 15% Residential
and 17% Business 9.50%
19.25% Due
to Drought 12.20% 10.20% 10.00% 11.00%
Sanitation 9.0%
9.90% 9.80%
19.25% Due
to Drought 12.20% 10.20% 10.00% 6.25%
Property
Rates
4.4% (Average excl
changes in property
valuation due to the new
GV)
6.90% 9.60%
5% Excl GV
on property
valuation
6.25% -2.00% 0.00% 6.25%
Refuse 9.0% 9.90% 9.80% 6.50% 6.25% 7.00% 7.50% 8.50%
How do we compare with other sister
Metropolitan Municipalities (i.t.o. Equitable Share Allocation)?
METROPOLITAN MUNICIPALITY 2017/18 2018/19 2019/20
%NTAGE OF
TOTAL
ALLOCATION
Nelson Mandela Metro 844,287,000 942,772,000 1,028,922,000 5
Buffalo City 705 277 000 779 473 000 841 980 000 5
Mangaung 630 908 000 685 968 000 741 097 000 4
Ekurhuleni 2 719 861 000 3 154 062 000 3 503 013 000 17
Joburg 3 666 637 000 4 241 872 000 4 722 485 000 24
Tshwane 2 132 788 000 2 404 666 000 2 661 272 000 14
eThekwini 2 582 776 000 2 902 498 000 3 183 088 000 17
Cape Town 2 292 908 000 2 582 306 000 2 835 569 000 15
TOTAL EQUITABLE SHARE 15,575,442,000 17,693,617,000 19,517,426,000 100
How do we compete with other Sister Metros
in other areas?
METROPOLITAN
MUNICIPALITY
UNEMPLOYMENT
RATE (2011
CENSUS) %
Total Direct
Operating
Revenue -
2016/17
(Original)
Total Property Rates
2016/17 (Original)
VALUATION ROLL (AS
PER THE LATEST
ROLL)
NMBM
36.6
10,366,523,740
1,638,303,910
142,800,000,000
Buffalo City
35.1
6,755,308,382
1,163,320,026
77,600,000,000
Ekurhuleni
28.8
34,255,724,555
4,661,284,253
446,000,000,000
Joburg
25.0
48,931,980,074
8,189,000,000
912,000,000,000
Cape Town
23.9
36,697,919,424
8,282,588,577
1,168,000,000,000
TOTAL
212,466,240,392
37,092,727,469
2,746,400,000,000
6. SOME MAJOR SHIFTS AFTER
TABLING OF BUDGET TO COUNCIL AND
COMMENTS OF STAKEHOLDERS
Some Major Budget Shifts upon tabling of the
Budget to Council on 30 March 2017
• Brought into the Budget the TOP STRUCTURE Grant to an amount of R252 million per financial year as advised by Human Settlement (Gazette is awaited).
• Had to re-consider the Property Rates Income upon determining that Average increases will be quite high considering the fact that a new GV is to be implemented w.e.f. 1 July 2017, where property values are going up or down based on market values. Property Rates Income was reduced by about R80m, R87.6m and R95.9m for years 1, 2 and 3 respectively.
• Had to consider the Operational Costs for implementing the METRO Police and a separate item to implement the service over a seven financial year period is attached elsewhere in the Agenda.
• Re-instated the Humanitarian Fund at R6m per financial year (2017/18 to 2019/20).
• All the above changed the picture of the deficit situation of the budget, however, the budget is still considered as funded as legislatively required.
Comments of Stakeholders
• On pages 298 to 301 and 255 to 264 of the Agenda are comments made by National
Treasury and inputs from the Economic Freedom Fighters (EFF), respectively,
amongst other enquiries / e-mails etc. that have been received ever since the budget
was tabled to Council.
• Constructive comments were received from National Treasury as indicated in the
letter (pages 298 to 301 of the Agenda) and their letter have been responded to as
evidenced in the Agenda (page 302 to 304).
• The input received from the EFF gives indication of whom in the institution (or
Directorates) will be dealing with each case / point that has been raised. Some of the
issues raised such as Tarring of Gravel Roads / Informal Settlements Electrification
(+++ permanent pothole in Salamntu Road – Cllr Makoki: Point 30) etc. have been
attended to.
7. BUDGETED CASHFLOW AND CASH-
BACKING STATUS OF THE DRAFT
BUDGET (2017/18 – 2019/20)
Budgeted Cashflows (Table A7 – Pg. 209)
BUDGETED CASHFLOW STATEMENT
DESCRIPTION 2017/18 DRAFT
BUDGET
2018/19 DRAFT
BUDGET
2019/20 DRAFT
BUDGET
R R R
Cash / Cash Equivalents at the beginning of the Financial Year 1,670,910 2,216,396 2,777,765
Add: Cash Inflows - Current Year 10,153,700 10,998,549 11,930,220
Less: Cash Outflows - Current Year 9,608,214 10,437,180 11,080,711
Sub Total - Net Cash Inflows (Outflows) - Current Year 545,486 561,369 849,509
Cash / Cash Equivalents at the end of the Financial Year 2,216,396 2,777,765 3,627,274
Cash Backing Status (Table A8 – Pg. 211)
DESCRIPTION 2017/18
DRAFT BUDGET
2018/19
DRAFT BUDGET
2019/20
DRAFT BUDGET
R R R
Cash and Investments available
Cash and Cash Equivalents at year end 2,216,396 2,777,765 3,627,274
Non - Current Assets - Investments
Cash and Investments available 2,216,396 2,777,765 3,627,274
Application of cash and investments
Unspent conditional transfers 216,938 216,938 216,938
Other working capital requirements 135,003 135,902 138,375
Other Provisions (e.g Leave Pay Provision, Post Retirement Benefit
Prov etc.) 679,073 733,399 792,071
Long Term Investments - - -
Reserves to be backed by cash / investments (e.g. COIDA and SIF) 559,804 769,486 979,804
Total application of cash and investments 1,590,818 1,855,725 2,127,188
Surplus 625,578 922,040 1,500,086
CONCLUSION
EXTERNAL FACTORS
• What if NERSA responds otherwise to the application?
• The Economic Outlook? (How do we “unjunk” ourselves)
• The Collection Rate?
INTERNAL FACTORS
• Proper Planning for 2018/19 to 2020/21 starts now.
• New EMS and mSCOA implementation +++ Financial Statements, etc.
• Conclude on Scarce Skills to determine proper costing (Cases at the Bargaining Council).
• What if internal controls continue to allow Mr Fraud and Mrs Corruption to thrive?
• What about the unknown T.A.S.K’s financial impact?
SINCERE THANKS TO THE MMC: ODENDAAL AND ALL MY COLLEAGUES AND OTHER ROLEPLAYERS WHO MADE THIS ATTEMPT YET ANOTHER SUCCESS. ALL YOUR ENDEAVORS WERE NOT IN VAIN.
WHAT MUST BE THE ATTITUDE FOR THE
“BUMPY” ROAD AHEAD?
“It must always be about the right attitude to do the right thing that will benefit our communities, more specifically the poorest of the poor or the marginalised”. Remember we are obliged by law to take great care of the community’s wealth”.
“FOR WE ARE THEIR ONLY HOPE”.
36
BAIE DANKIE / ENKOSI KAKHULU /
THANK YOU…
