Joint Statement by Coalition Party Leaders on the 2024/25 Adjustments Budget

By leaders of the coalition parties governing the City of Tshwane

The ANC, EFF, ActionSA, ACDP, AIC, DOP, PA, PAC, ATM, and GOOD – commend the City of Tshwane for leading the City to a more prosperous future as this progressive multiparty government tables its Adjustment’s Budget for the 2024/25 financial year.

We are particularly pleased to see that this adjustments budget looks to be reducing the deficit under which the city operates and brings us ever closer to a fully funded budget.

Most notably we are pleased to observe the following:

Total revenue has increased by R777.5 million (2% rise), driven by:

Water service charges increased by R160.5 million (3%) due to improved billing and revenue collection.

Interest earned from receivables surged by R437.2 million (33%) due to strengthened credit control measures.

Property rates increased by R64.9 million (1%), reflecting a stable tax base.

However, fines, penalties, and forfeits declined by R71 million (32%), requiring a review of enforcement strategies.

Expenditure Adjustments:

While expenditure increased by R704 million (1%), our focus remains on resource efficiency with specific reference to the following:

Employee-related costs decreased by R346.5 million (3%) due to cost-containment measures.

Debt impairment increased by R1.4 billion (31%) to manage non-performing debts.

Depreciation and amortisation costs reduced by R834.2 million (36%) through optimized asset management.

Contracted services increased by R603 million (12%) to support critical service delivery programmes.

The coalition parties recognise the dedication of City officials and all stakeholders who have worked tirelessly to come to these necessary adjustments. While there is still much to be done, the achievements that have culminated in these adjustments budget builds on a foundation for further progress.

As coalition partners, we remain committed to ensuring that Tshwane continues on a path of sustainable development, good governance, and service excellence.

We will continue to work together in the interests of all residents to build a capital city that is responsive, inclusive, and forward-looking.

We thank the residents of Tshwane for their trust and support and reaffirm our commitment to working towards a city that delivers on its promises.