Cash/cash equivalents at end: 60 584 83 468 100 576 217 075 79 052 – NC091 Sol Plaatje - Supporting Table SC1 Material variance explanations - M02 August Reasons Remedial or Ref Description for Variance corrective material steps/remarks deviations R thousands Revenue By 1 Source Annual billing of government debtors and Property rates 357% businesses Property rates - penalties & collection charges Service charges - electricity revenue -4% Service charges - revenue -8% Service charges - sanitation revenue 16% Positive Service charges - refuse revenue 13% Positive Service charges - other -99% Below target. May increase during Rental of facilities summer Needs to be and equipment -27% period investigated. Interest earned - external investments -90% Interest earned - outstanding debtors -17% Dividends received It is being User department Fines -32% monitored to investigate. Licences and permits 20% Acceptable Agency services 175% Transfers recognised - operational -1% Other revenue 36% on disposal of PPE Expenditure By 2 Type Employee related costs -8% Remuneration of councillors -5%
Cash/cash equivalents at end: 60 584 83 468 – 100 576 217 075 79 052 NC091 Sol Plaatje - Supporting Table SC1 Material variance explanations - M02 August Ref Description Variance Reasons for material deviations Remedial or corrective steps/remarks R thousands 1 Revenue By Source Property rates 357% Annual billing of government debtors and businesses Property rates - penalties & collection charges Service charges - electricity revenue -4% Service charges - revenue -8% Service charges - sanitation revenue 16% Positive Service charges - refuse revenue 13% Positive Service charges - other -99% Rental of facilities and equipment -27% Below target. May increase during summer period Needs to be investigated. Interest earned - external investments -90% Interest earned - outstanding debtors -17% Dividends received Fines -32% It is being monitored User department to investigate. Licences and permits 20% Acceptable Agency services 175% Transfers recognised - operational -1% Other revenue 36% on disposal of PPE 2 Expenditure By Type Employee related costs -8% Remuneration of councillors -5%