Resolution That the report on the adjustments budget for the 2017/2018 financial year be 2.That the 2017/18 Budget be adjusted as allowed for in the MFMA Municipal Budget and Reporting Regulations as per the following tables as contained in the Annexure to this report Table B1 Adjustments Budget Summary – Table B2 Adjustments Budget Financial Performance Standard Classification – Table B3 - Adjustments Budget Financial Performance Revenue and Expenditure by Municipal Vote Table B4 - Adjustments Budget Financial Performance Revenue and Expenditure Table B5 Adjustments Capital Budget by Vote and Funding – Table B6 Adjustments Budget Financial Position – Table B7 Adjustments Budget Cash Flow – Table B8 Cash Backed Reserves and Accumulated Surplus Reconciliation – Table B9 Asset Management – Table B10 Basic Service Delivery Measurement – 3. That it be noted that the revised budget as reflected in Table B referred to in 2 above, is a combination of adjustments processes under delegated authority during the year, the adjustment budget changes as approved by Council in May 2017 and the adjustment budget requests contained in this report 4.That the Measurable Performance Objectives be amended as contained in the Annexure to this report. Executive Summary The Operating Revenue Budget of the Council increased by R 5 079 000. The proposed amendments are detailed below:
Resolution That the report on the adjustments budget for the 2017/2018 financial year be 2.That the 2017/18 Budget be adjusted as allowed for in the MFMA Municipal Budget and Reporting Regulations as per the following tables as contained in the Annexure to this report Table B1 – Adjustments Budget Summary Table B2 – Adjustments Budget Financial Performance Standard Classification Table B3 - Adjustments Budget Financial Performance Revenue and Expenditure by Municipal Vote Table B4 - Adjustments Budget Financial Performance Revenue and Expenditure Table B5 – Adjustments Capital Budget by Vote and Funding Table B6 – Adjustments Budget Financial Position Table B7 – Adjustments Budget Cash Flow Table B8 – Cash Backed Reserves and Accumulated Surplus Reconciliation Table B9 – Asset Management Table B10 – Basic Service Delivery Measurement 3. That it be noted that the revised budget as reflected in Table B referred to in 2 above, is a combination of adjustments processes under delegated authority during the year, the adjustment budget changes as approved by Council in May 2017 and the adjustment budget requests contained in this report 4.That the Measurable Performance Objectives be amended as contained in the Annexure to this report. Executive Summary The Operating Revenue Budget of the Council increased by R 5 079 000. The proposed amendments are detailed below: