This is funded as follows:
- Generated revenue – R26.2 billion;
- Operating grants – R5.4 billion;
- Assessment rates – R5 billion.
The R36.6 billion includes a Capital Budget of R6.4 billion for 2017/18, a 23 per cent leap from the 2016/17 Adjusted Budget which totalled R5.1 billion.
Specific highlights
- Economic Development is allocated R664 million. Of this amount, R619 million is for bulk infrastructure rollout to enable economic development initiatives. Among the projects targeted are:
- Conclusion of four Strategic Partnerships for Cluster Development;
- At least R200 billion of investment will be facilitated as part of the Aerotropolis.
- 40 Strategic Land Parcels to be released for strategic development areas such as lakes and dams, and township localities and attract not less than R15 billion
- The City is allocating R12 billion of procurement opportunities to local entrepreneurs, service providers and enterprises over three years which includes:
- R1 billion (per annum) on 2 000 youth owned enterprises;
- R500 million (per annum) on 100 emerging construction companies;
- R500 million for community trade in service;
- R2.6 billion over the MTREF to build a reliable public transport system, starting with R831million in 2017/18. An amount of R1.9 billion is allocated for the second phase of the BRT project (Harambee), which links Kempton Park and Katlehong.
Projects to be undertaken that will impact Boksburg include:
- R427 million for licensing centres in among other areas Tembisa, Vosloorus, Boksburg, Edenvale, Germiston and Bedfordview;
- R69 million is allocated to replace ageing municipal buses; and R100 million is earmarked for other transport related facilities.
- R498 million for the Van Dyk Park mega project between 2018/19 to 2019/20);
- R242 million for the Leeuwpoort mega project in 2017/18 and R324 million between 2018/19 and 2019/20.
- An amount of R655 million is assigned to the electrification of informal settlements (reblocked areas) over the next three years.
- R687 million for reservoirs, pressure management systems and for pipe network;
- R555 million is set aside for sewer networks;
- R272 million for meter repairs and replacements.
- R159 million goes to new cemeteries and upgrading of existing ones across the City.
- R92 million for specialised vehicles and the rest being for dams, lakes and other environmental programmes.
- R74 million has been set aside for grass cutting in 2017/18 and R244.7 million in the MTREF.
In addition, the Ekurhuleni Metropolitan Police Department (EMPD) allocated R149 million in 2017/18 and R359 million in the next three years, which includes R177 million being set aside vehicles and specialised equipment and vehicles.
ALSO LOOK AT OUT FOR THE ADVERTISER HITTING THE STREETS ON MAY 30 FOR AN ADDITIONAL STORY ON THE TARIFFS.
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