CAPITAL EXPENDITURE The capital budget of the municipality amounts to R42 186 059. This indicates an increase of R2 693 709 (6.8%). The main projects that are funded in the capital budget are: Upgrading of Addo Waste Water Treatment works R7 million – Upgrading of Gravel roads R5 million – Upgrading of Paterson Water Treatment works R3.5 million – Rehabilitation of sports fields R3.5 million – Langbos sewerage pump station R1.5 million – Langbos bulk water R1.9 million – Paterson bulk water R17 million – These projects are funded by the Municipal Infrastructure Grant and Regional bulk infrastructure grants. GRANTS TO BE RECEIVED The following grants were gazetted in the DORA and provincial gazette to be received by SRVM: Equitable Share R36 314 000 (2011/12: R32 105 000) now includes contribution to Ward – – Committee stipends as well MIG R23 659 000 (2011/12: R19 504 000) – RBIG R17 000 000 (2011/12 R16 000 000) – – FMG R1 500 000 (2011/12 R1 500 0000 – – MSIG R800 000 (2011/12 R790 000) – – EPWP R1 000 000 (2011/12 NIL) – – LIBRARY SUBSIDY R1 157 000 (2011/12 NIL) – – LED R87 990 (2011/12 R63 000) – – Grants from Cacadu includes: Environmental health subsidy - R967 940 ( 2011/12 R913 151) – CHANGES MADE TO DRAFT BUDGET
CAPITAL EXPENDITURE The capital budget of the municipality amounts to R42 186 059. This indicates an increase of R2 693 709 (6.8%). The main projects that are funded in the capital budget are: Upgrading of Addo Waste Water Treatment works – R7 million Upgrading of Gravel roads – R5 million Upgrading of Paterson Water Treatment works – R3.5 million Rehabilitation of sports fields – R3.5 million Langbos sewerage pump station – R1.5 million Langbos bulk water – R1.9 million Paterson bulk water – R17 million These projects are funded by the Municipal Infrastructure Grant and Regional bulk infrastructure grants. GRANTS TO BE RECEIVED The following grants were gazetted in the DORA and provincial gazette to be received by SRVM: Equitable Share – R36 314 000 (2011/12: R32 105 000) – now includes contribution to Ward Committee stipends as well MIG – R23 659 000 (2011/12: R19 504 000) RBIG – R17 000 000 (2011/12 – R16 000 000) FMG – R1 500 000 (2011/12 – R1 500 0000 MSIG – R800 000 (2011/12 – R790 000) EPWP – R1 000 000 (2011/12 – NIL) LIBRARY SUBSIDY – R1 157 000 (2011/12 – NIL) LED – R87 990 (2011/12 – R63 000) Grants from Cacadu includes: Environmental health subsidy - R967 940 ( 2011/12 – R913 151) CHANGES MADE TO DRAFT BUDGET
EC106_final_budget_assumptions_2012_13.docx