THE eThekwini Municipality has performed well over the last financial year and received an Unqualified Audit Opinion reinforcing that Durban is ‘one of the best run cities in the country’.
The information on the city’s service delivery performance is contained in the Annual Report which is a reflection of the City’s performance over the last financial year. It gives a detailed account of service delivery achievements, challenges and consolidated annual financial statements.
City spokesperson, Tozi Mthethwa said “The report shows that eThekwini Municipality is in a strong financial position underpinned by the outstanding collection rate (97%), growth in revenue, moderate gearing, stable debt and strong liquidity. The City has also managed to maintain its investment grade credit rating of AA in the long term and A1+ in the short term with a positive outlook. This is the highest rating in the municipal sector.
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“Looking to the future the City is committed to building a sustainable, resilient city by taking measures to reduce the impacts of climate change and our carbon footprint. Numerous projects looking at alternative sources of energy, green transport, procurement, sustainable housing, water supply, waste water treatment, landfills, and recycling are all initiatives that being undertaken by the city.
Some of the highlights of the Annual Report indicate that the Municipality has delivered 5003 new houses and 35 family units, against the challenge of ever increasing urbanisation.
The drought and water loss posed a major challenge for the City in ensuring water delivery to communities, however, potable water is delivered to 897 574 households including households in informal areas.
The City also supplies electricity to more than 745 000 customers covering square 2000kms and a weekly refuse removal service is provided to 1 046 307 households, including 602 939 households in informal settlements.
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A public meeting will be held to discuss the report today at the Albert Luthuli Hall of the City Hall at 9am.
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