2011/2012 IN YEAR FINANCIALMONITORING REPORT

FOR THE PERIOD 1st JULY 2011 TO 30th JUNE 2012

4th Quarter Report

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TABLE OF CONTENTS

1. Introduction.............................................................................................5

2. Executive Summary...................................................................................6-13

3. Financial Performance (Expenditure & Revenue)....................................14-23

4. Capital Budget Performance....24-28

5. Cash Flow Position.....................................................................................29-32

6. Current Bank Balance, Investment and Borrowing......................................33-34

7. Performance on main tariff revenue collection......35-43

8. Recommendations.44

3

IN-YEAR BUDGET STATEMENT TABLES: JUNE 2012 REPORT

The financial results for the period ended 30th June 2012 ( the 12th

month of the 2011/2012 financial year) are attached consisting of the following tables, in Annexure A and Annexure B:

ANNEXURE A:

1) Table C1: Monthly Budget Statement Summary2) Table C2: Monthly Budget Statement Financial Performance (standard

classification)3) Table C3: Monthly Budget Statement - Financial Performance (Revenue and

Expenditure by Municipal vote)4) Table C4: Monthly Budget Statement Financial Performance (Revenue and

Expenditure)5) Table C5: Monthly Budget Statement - Capital Expenditure by vote, standard

classification and funding6) Table C6: Monthly Budget Statement Financial Position7) Table C7: Monthly Budget Statement Cash Flow

ANNEXURE A:

1) Table SC1: Material variance explanations2) Table SC2: Monthly Budget Statement Performance Indicators3) Table SC3: Monthly Budget Statement - Aged Debtors4) Table SC4: Monthly Budget Statement - Aged Creditors5) Table SC5: Monthly Budget Statement Investment Portfolio6) Table SC6: Monthly Budget Statement Transfer and grant receipts7) Table SC7: Monthly Budget Statement Transfer and grant expenditures8) Table SC8: Monthly Budget Statement Councillor and Staff Benefits9) Table SC9: Monthly Budget Statement Actual and Revised targets for cash

receipts10) Table SC12: Monthly Budget Statement Capital Expenditure Trend11) Table SC13a: Monthly Budget Statement Capital expenditure on new assets by

asset class12) Table SC13b: Monthly Budget Statement Capital expenditure on renewal of

existing assets by asset class13) Table SC13c: Monthly Budget Statement Capital expenditure on repairs and

maintenance by asset class14) Municipal managers quality certification

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ANNEXURE B:

1) Table 1: Capital Expenditure to date by Capital Projects2) Table 2: Capital Expenditure to date payments from Cash Flow3) Table 3: Revenue Activity Report4) Table 4: Staff Arrears Service Accounts5) Table 5: Councillors Service Accounts6) Table 6:Investment Register7) Table 7:Loan Register8) Table 8: Quarterly withdrawal statements

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1. INTRODUCTION

1.1 PURPOSE

The purpose of this report is to inform the Municipal Council about the Financial Status quo of Mogale City Local Municipality and to comply with Section 52,Sections 71 of the MFMA and the requirements as promulgated in the Government Gazette No 32141 of 17th April 2009.

1.2 STRATEGIC OBJECTIVE

To ensure sound and sustainable management of the financial affairs of the City.

1.3 BACKGROUND

Section 52(d) and section 71 of the MFMA and in terms of Section 28 of the Government Notice 32141 dated 17 April 2009, regarding the Local Government: Municipal Finance Management Act 2003 Municipal Budget and Regulations necessitates that specific financial particulars be reported on and in the format prescribed.

Section 52(d) of the MFMA states that the mayor of the municipality must, within 30 days of the end of each quarter, submit a report to the council on the implementation of the budget and the financial state of affairs of the municipality;

Section 71 (1) of the MFMA states that, The accounting officer of a municipal must by no later than 10 working days after the end of each month submit to the mayor of the municipality and the relevant provincial treasury a statement in the prescribed format on the state of the municipalitys budget reflecting the following particulars for that month and for the financial year up to the end of that month.

Section 28 of the Government Notice 32141, the monthly budget statement of a municipality must be in the format specified in Schedule C and include all required tables, charts and explanatory information, taking into account any guidelines issued by the Minister in terms of section 168(1) of the Act.

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2. EXECUTIVE SUMMARY

2.1 SUMMARY STATEMENT OF FINACIAL PERFORMANCETable 1: Operating Budget performance for the year to 30th June 2012

2011/2012Approved

AdjustmentBudget

R 000

Actual billed/spend to date (in R and as a %

of the ApprovedAdjustment Budget)

R 000 %

Budget to date

R 000

Under/ over billed

/spendagainst

adjustmentbudget

R 000

% adjustment

budget billed/ spent

%Revenue 1 546 029 1 501 751 97% 1 546 029 44 278 97%Expenditure cash items (1 384 412) (1,380,186) 100% (1 384 412) (4 226) 100%

Expenditure non-cash items(depreciation and debt impairment )

(279 484) (279 484) 100% (279 484) 0 100%

TOTAL EXPENDITURE (1 663 896) (1 659 670) 100% (1 663 896) (4 226) 100%

SURPLUS/(DEFICIT)

(117 867) (157,919) (10.2%) (117 867) 40 052 2.6%

Note: Negative (Expenditure) & Positive Revenue

2.1.1 During the 2011/12 financial year we will raise R1,546,029,359 in billedand received revenue and operational grants, excluding capital grants of R102,105,697.

2.1.2 In line with the formats prescribed by the Municipal Budget and Reporting Regulations, capital transfers and contributions are excluded from the operating statement, as inclusion of these revenue sources would distort the calculation of the operating surplus/ (deficit).

2.1.3 The summary of statement of financial performance in Annexure A, Table C4, is prepared on a similar basis to the prescribed budget format, detailing revenue by source type and expenditure by input type.

2.1.4 To date, a total of R1 659 670 billion has been spent on the operational approved adjustment budget; this includes non-cash items (representing 100% of the total approved expenditure budget for the year.

2.1.5 The table above indicates an operating deficit of R158 million, this operating deficit is a non-cash due to depreciation of about R209 million. These figures include non-cash items such as depreciation and debt impairment. Chart 1 below shows monthly expenditure per categories.

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2.1.6 To date a total of R1 501 751 billion has been billed (representing 97% of the total approved revenue budget for the year). The year-end process is still unfolding whereby Finance Department is allocating unallocated revenue received or billed; the total of R1, 501,751 billion will change. Section 2 of this report gives more detail on the Operational Budget Performance. Chart 2 in page 8 shows monthly collection rate.

2.1.7 The revenue shown in the above table is largely the amount of revenue billed for the year to date.

2.1.8 The amount of actual cash collected or received for the main tariffs is R1 080 329billion (representing 96% of the billed revenue) as shown in paragraph 2.1.9 in page 8 and in detail in section 7 of this report.

Chart 1 Monthly Expenditure Trends

Jul2011

Aug2011

Sep2011

Oct2011

Nov2011

Dec2011

Jan2012

Feb2012

Mar2012

Apr2012

May2012

June2012

56 340

130 167 135 363

83 617

163 080 116 212 108 342

231 885

152 488 126 393 125 926

229 856

4%

9% 10%

6%

12%

8% 8%

14%

9%

8% 8%

14%

Note: This chart includes depreciation and debt impairment which are non-cash items

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2.1.9 PERFORMANCE ON REVENUE COLLECTION

Table 2: Billed income amount billed to date and cash received. Figures in R 000Periods Amount billed

for year to dateCash received as at 30th June 2012

Collection rate as at 30th June 2012

July 2011 90 028 82 795 92%2August 2011 103 601 90 924 88%September 2011 104 316 99 978 96%October 2011 96 325 81 529 85%November 2011 93 848 94 245 100%December 2011 94 751 81 835 86%January 2012 90 432 100 916 112%February 2012 90 766 95 796 106%March 2012 88 613 96 096 108%April 2012 92 223 75 995 82%May 2012 92 482 92 524 100%June 2012 90 612 87 696 97%Total 1 127 996 1 080 329 96%

Note: This table excludes service reconnections and sundry billing. Billing is only on Property Rates and four main tariffs.

The Cumulative Collection Rate as at the end of June 2012 stands at 96% -that is the amount of cash that has been received to date for the year is 96% of the billed amount. The payment level for the month of June 2012 is 97%, moreinformation and detail on this performance is given in section 7 of the report.

Chart 2 Monthly Collection Rate

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Table 3: Capital Budget performance for the year to 30th June 2012

2011/2012Approved Adjustment

Budget

R 000

Actual spend to date (in R and as a % of the

Approved Adjustment

Budget)

R 000 %

Budget to date

R 000

Under overspend

against adjustment

budgetR 000

% of budge

t spent

%

EXPENDITURE 176 951 139 755 79% 176 951 37, 196 79%

2.1.10 To date, R140 million has been spent from the approved capital adjustment budget (this represents only 79% of the total approved capital adjustment budget for the year). Section 3 of this report gives more detail on this performance.

Chart 3 2011/12 Capital Expenditure Monthly Trends: actual v target

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Chart 4 2011/12 Capital Expenditure: YTD actual v YTD target

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2.3 CASH FLOW REPORT OF MOGALE CITY FOR JUNE 2012:Table 4: Cash Flow Position as at 30th June 2012. Figures in Rm'sCash balance brought forward from 2011/12 17,649 Cash received for the year to date 1,712,396 Cash payments made for the year to date ( 1,707,972 )Current cash position 22,073

2.3.2 Mogale City's cash in hand as at the end of June 2012 was R 22,073m amount was made up as follows:

Source RM

Mig Grant

2,868

Social Grant

5,395

Grants Account

36

Sanlam Shares 349

Bank Balance

13,425

Total cash in hand 22,073

The Operating Income for the month of June 2012 was R19,024m more than the operating income for the month of May 2012 which was R115,457m, the operating expenditure for the month of June 2012 was R9,082m more than that of the previous month.

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Month Operating Income

Operating Expenditure

Difference

RM RM RMJul-11

104,185

160,759

-56,574 Aug-11

116,375

143,051

-26,676 Sep-11

142,412

126,980

15,433 Oct-11

91,989

86,594

5,395 Nov-11

132,828

159,268

-26,440 Dec-11

109,694

134,559

-24,864

Jan-12 116,526 102,763 13,763

Feb-12

130,391

112,010

18,381

Mar-12

134,272

164,909

-30,637

Apr-12

97,623

108,171

-10,548 May-12

115,457

94,816

20,641

Jun-12

134,481

103,897

30,583

Total

1,426,232

1,497,777

-71,545

The month of June 2012 shows an increase in collection levels of 97% and the operating income was R30, 583m more than the operating expenditure. The year to date shortage is R71, 545m.

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BANK BALANCE, INVESTMENTS, AND BORROWING

Table 5: Key Treasury Information as at 30th June 2012

Previous Month Current Position Change from previous month

Balance in current account -R 1,379,287 R 13,425,236 Increase R 14,804,523

Total investments held : Uncommitted Call (Sanlam Shares) R 326,374 R 348,920 Increase R 22,546

Committed call (MIG grants) R 8,083,237 R 2,868,207 Decrease -R 5,215,030

Committed Call (Social Grants) R 7,716,841 R 5,394,730 Decrease -R 2,322,111

Committed : Fixed Deposits R 77,515,431 R 79,436,988 Increase R 1,921,557

Total external borrowing R 193,102,483 R 195,093,029 Increase R 1,990,545

More information on these treasury matters is given in section 5 of this report.

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3. FINANCIAL PERFORMANCE (EXPENDITURE BY MUNICIPAL VOTE)

Table C3: Operating expenditure for the year to 30th June 2012 by voteVote Description Budget Year 2011/12

R thousandApproved

Adjustment Budget

Monthly actual

Year TD actual

Year TD budget

Variance under/ over spend against adjustment budget

YTD variance/ % adjustment budget spent

Full Year Forecast

Expenditure by Vote

Vote1 - POLITICAL OFFICE 32,813 1,188 26,086 32,813 6 727 79% 32,813

MAYOR'S OFFICE 15,661 517 11 813 15,661 3 848 75% 15,661

SPEAKER'S OFFICE 17,152 671 14 273 17,152 2 879 83% 17,152

Vote2 - MUNICIPAL MANAGER'S OFFICE 42,915 4 296 44 524 42,915 (1 609) 104% 42,915

ADMINISTRATION(MM) 1,833 (144) 1 453 1,833 379 79% 1,833

INTERNAL AUDIT 4,427 162 3 791 4,427 636 86% 4,427

CHIEF OPERATING OFFICER 2,634 320 1 949 2,634 685 74% 2,634

PROJECT MANAGEMENT UNIT 2,219 211 1 984 2,219 234 89% 2,219

IDP & PERFORMANCE MANAGEMENT 2,451 170 2 161 2,451 290 88% 2,451

INFORMATION MANAGEMENT 29,331 3 509 32 491 29,331 (3 160) 111% 29,331

MONITORING & EVALUATION 21 68 695 21 (674) 3347% 21

Vote3 - CORPORATE SUPPORT SERVICES 69,408 4 348 69 250 69,408 158 100% 69,408

ADMINISTRATION(EM) 5,001 182 6 572 5,001 (1 571) 131% 5,001

LEGAL SERVICES 15,103 1 211 14 497 15,103 606 96% 15,103

INTERGOVERMENTAL & CORPORATE ADMIN 22,661 1 534 22 784 22,661 (123) 101% 22,661

MARKETING & COMMUNICATION 11,387 713 15 250 11,387 5 100% 11,387

HUMAN CAPITAL MANAGEMENT 15,255 707 10 147 15,255 1 240 89% 15,255

Vote4 - FINANCIAL SERVICES 117,511 9 092 129 233 117,511 (11 722) 110% 117,511

ADMINISTRATION(CFO) 6,812 494 6 528 6,812 284 96% 6,812

VALUATIONS 3,131 229 2 985 3,131 147 95% 3,131

REVENUE 44,214 2 580 46 060 44,214 (1 846) 104% 44,214

CREDIT CONTROL 25,462 5 486 33 482 25,462 (8 021) 132% 25,462

CREDITORS 11,229 2 461 12 412 11,229 (1 183) 111% 11,229

SUPPLY CHAIN MANAGEMENT 10,005 1 170 11 980 10,005 (1 976) 120% 10,005

BUDGET & TREASURY 16,658 (3 327) 15 786 16,658 873 95% 16,658

Vote5 - SOCIAL SERVICES 157,029 18 376 171 483 157,029 (14 453) 109% 157,029

ADMINISTRATION(EM) 4,054 323 4 143 4,054 (89) 102% 4,054

SOCIAL UPLIFTMENT 18,158 1 305 17 901 18,158 257 99% 18,158

CLINICS 407 11 215 407 192 53% 407SPORTS,RECREATION,LIBRARIES,HERITAGE &

MUSEUM 45,436 3 609 43 614 45,436 1 822 96% 45,436

LICENCES 12,723 914 11 576 12,723 1 147 91% 12,723

PUBLIC SAFETY 76,252 12 214 94 034 76,252 (17 783) 123% 76,252

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Vote6 - INTEGRATED ENVIRONMENTAL MANAGEMENT 155,889 15 535 154 768 155,889 1 121 99% 155,889

ADMINISTRATION(EM) 2,171 111 2 068 2,171 103 95% 2,171

ENIVORNMENTAL MANAGEMENT 12,916 1 017 12 663 12,916 253 98% 12,916

MUNICIPAL HEALTH 93,529 10 941 94 707 93,529 (1 178) 101% 93,529

PARKS MANAGEMENT 47,273 3 467 45 330 47,273 1 943 96% 47,273

Vote7 - ECONOMIC SERVICES 39,777 2 803 35 166 39,777 4 612 88% 39,777

DEVELOPMENT & PLANNING 15,457 1 044 15 042 15,457 416 97% 15,457

ENTERPRISE DEVELOPMENT & TOURISM 3,534 410 3 690 3,534 (155) 104% 3,534

RURAL DEVELOPMENT 9,469 412 7 814 9,469 1 655 83% 9,469

HUMAN SETLLEMENTS 11,317 937 8 620 11,317 2 697 76% 11,317

Vote8 - INFRASTRUCTURE SERVICES 1,048,553 174 218 1 029 160 1,048,553 19 392 98% 1,048,553

ADMINISTRATION(EM) 2,331 159 2 085 2,331 246 89% 2,331

WATER & SANITATION 306,988 47 857 312 671 306,988 (5 683) 102% 306,988

FLEET MANAGEMENT 5,831 426 5 962 5,831 (131) 102% 5,831

ELECTRICITY DISTRIBUTION 578,816 114 239 555 112 578,816 23 704 96% 578,816

MUNICIPAL BUILDINGS 27,723 2 285 29 225 27,723 (1 501) 105% 27,723

ROADS & STORMWATER 126,864 9 252 124 106 126,864 2 758 98% 126,864

Total Expenditure by Vote 1,663,896 229 856 1 659 670 1,663,896 4 226 100% 1,663,896

3.3.1 OPERATING EXPENDITURE BY VOTE

3.3.1.1 Table C3 above shows that R1, 659,670 billion had been spent at the end of June 2012 from the operational budget these includes non-cash items. Thespend-to-date represents 100% of the total Approved Adjustment Budget.

3.3.1.2 It should be noted that certain Departments are showing an over expenditure against their budget:

o Municipal Managers Office: the two divisions within the department have overspent their total budgets which are Information & KnowledgeManagement and Monitoring & Evaluation. The reason for Information & Knowledge Management to overspend is due to lease of IT Equipment and telephones & faxes that were underprovided during adjustment budget and for Monitoring & Evaluation division the budget was reduced during the adjustment the reason being the position was vacant then later on decision was taken for somebody to act.

o Corporate Support Services: the divisions that overspend their budgets within the Department are Administration and Intergovernmental & Administration due to telephones & faxes and cleaning serviceshowever Corporate Support Services did not overspend their total budget.

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o Financial Services: the department have overspent the total budget by R11, 7 million the main contributor is the line item connections via contractor, which exceeds budget by R8 million. This is due to extra job that was given to UMS for installing meters in Featherbrook Estates.

o Social Services: the department have overspend the total budget by R14 million or 109% mainly due to line item of security services which was overspent by R12 million.

o Integrated Environmental Management: the only division that overspent its budget is Municipal Health by R1, 1 million due to payment of ambulance services of about R1, 2 million which is wrong allocationand, landfill site write-down which is a non-cash item.

o Economic Services: Enterprise Development and Tourism division exceeded its budget by R155k due to payments of consultants and employees related costs.

o Infrastructure Services: Water & Sanitation division within Infrastructure Services have exceeded budget by R5.6 million due to rental of water tanks.

o After all invoices has been captured for the 2011/12 financial year savings will be identified to offset all the overspent per category and departments.

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3.3.2.1 OPERATING EXPENDITURE BY TYPE

Table C4: Operating expenditure for the year to 30th June 2012 by vote

Description

Budget Year 2011/12

Approved Adjustment

Budget

Monthly actual

Year TD actual

Year TD budget

Variance under/ over spendagainst adjustment budget

YTD variance % adjustment budget spent

Full Year Forecast

R thousands

Expenditure By Type

Employee related costs 406,312 33,278 406,418

406,312 (106) 100% 406,312

Remuneration of councilors 19,312 1,493 17,954

19,312 1,358 93% 19,312

Debt impairment 70,176 5,848 70,176

70,176 0 100% 70,176

Depreciation & asset impairment 209,307 17,442 209,307

209,307 0 100% 209,307

Finance charges 25,309 1,815 27,211

25,309 (1,902) 108% 25,309

Bulk purchases 549,583 120,968 540,859

549,583 8,724 98% 549,583

Contracted services 147,716 22,431 156,041

147,716 (8,325) 106% 147,716

Transfers and grants 18,164 2,819 19,188

18,164 (1,024) 106% 18,164

Other expenditure 218,017 23,763 212,515

218,017 5,502 97% 218,017

Total Expenditure 1,663,896 229,856 1,659,670

1,663,896 4,226 100% 1,663,896

3.3.2.1 Annexure A, Table C4 sets out the monthly expenditure to date on the operating budget analysed by type.

In overall terms: Expenditure on employees costs and remuneration to councillors is

100% of the total Approved Adjustment Budget for the year.Employee related costs have overspent the total adjustment budgetby R106k the main contributor of this is overtime, casual labour andleave payments.

Depreciation and debt impairment is showing movements against approved adjustment budget but these are an internal and non-cash costs and have not yet been processed into the financial system for the purpose of accurate reporting Finance department has include them in the total actual expenditure: however this is not a cause for any concern to the final expenditure position of the council. We normally process these two line items during the process of closing the financial year.

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3.3.2.2 The discussion set out below looks at the major (under) and over expenditure on individual budgets.

o Interest on External borrowings. Expenditure on this item is 108% of the total Approved Adjustment Budget for the year. This line item has overspent on overall budget by R1, 9 million mainly on interest chargedon loan from DBSA, ABSA, and INCA for the current financial year aswell as interest charged on overdraft account.

These interest payments are contractually fixed but vary on a monthly basis due to different banks being involved and different payment dates agreed to.

o Insurance Costs. R1, 212 million has been spent to date (100%) of the total Approved Adjustment Budget). The expenditure reflected will change as insurance premiums have not yet been paid for the whole year.

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3.3.2.3 EXPENDITURE ON STAFF BENEFITS

Table SC8: Operating expenditure for the year to 30thJune 2012 by vote

Summary of Employee and Councilorremuneration

Budget Year

2011/12

Approved Adjustment

Budget

Monthly actual

Year TD actual

Year TD budget

variance/ under over spend against adjustmentbudget

YTD variance % adjustment budget spent

Full Year Forecast

R thousands

Councilors (Political Office Bearers plus Other)

Salary 11,266 888 10,658 11,266 608 95% 11,266

Pension Contributions 1,988 131 1,624 1,988 364 82% 1,988

Medical Aid Contributions 1,175 48 564 1,175 611 48% 1,175

Motor vehicle allowance 4,016 351 4,213 4,016 (197) 105% 4,016

Cell phone and other allowances 867 74 895 867 (28) 103% 867

Sub Total - Councilors 19,312 1,493 17,954 19,312 1,358 93% 19,312

Senior Managers of the Municipality

Salary 6,571 686 7 179 6,571 (608) 109% 6,571

Pension Contributions 482 29 602 482 (120) 125% 482

Medical Aid Contributions 88 12 76 88 12 86% 88

Motor vehicle and cell phone 1,210 119 1,280 1,210 (70) 106% 1,210

Performance Bonus 924 0 924 924 0 100% 924Sub Total - Senior Managers of Municipality 9,275 846 10,061 9,275 (786) 108% 9,275

Other Municipal Staff

Basic Salaries and Wages 253,197 21,876 255,199 253,197 (2,002) 101% 253,197

Pension Contributions 49,959 4,079 48,903 49,959 1,056 98% 49,959

Medical Aid Contributions 21,669 2,292 20,944 21,669 725 97% 21,669

Motor vehicle and cell phone 31,000 2,543 29,955 31,000 1,045 97% 31,000

Housing allowance 3,577 276 3,311 3,577 266 93% 3,577

Overtime 15,641 1,210 18,587 15,641 (2,946) 119% 15,641

Emergency Overtime 1,000 0 0 1,000 1,000 0% 1,000

Performance Bonus: Managers 2,699 0 812 2,699 1,887 30% 2,699

Annual Bonus 18,294 154 18,646 18,294 (352) 102% 18,294

Sub Total - Other Municipal Staff 397,037 32,431 396,357 397,037 679 100% 397,037

Total Parent Municipality 425,624 34,770 424,372 425,624 1,252 100% 425,624

TOTAL SALARY, ALLOWANCES & BENEFITS 425,624 34,770 424,372 425,624 1,252 100% 425,624

TOTAL MANAGERS AND STAFF 406,312 33,277 406,418 406,312 (106) 100% 406,312

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3.3.2.4 Section 66 of the MFMA (Municipal Finance Management Act, 2003) requires that expenditures incurred by the municipality on staff salaries; wages, allowances and benefits are regularly reported to Council. This information is given in Annexure A, Table SC8 above for this report, along with the equivalent information on Councillor Allowances.

3.3.2.5 Total expenditure on staff and councillor benefits is 100% of the total ApprovedAdjustment Budget.

3.3.2.6 Overtime has overspent by R2, 946 million of the total adjustment budget or by 119%.

3.3.2.7 The following Departments have overspent their overall overtime budgets:

Social Services R1,102,790 Integrated Environmental Management R768,291 Infrastructure Services R1,121,184

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3.4 FINANCIAL PERFORMANCE BY SOURCE (REVENUE)

Table 7: Operating revenue for the year to 30th June 2012 by source

Description

Approved Adjustment

Budget

Monthly actual

Year TD actual

Year TD budget

Variance under/ over spend against adjustment budget

YTD variance % adjustment budget spent

Full Year Forecast

R thousands

Revenue By Source

Property rates 242,698 19,766 243,822

242,698 (1,124) 100%

242,698

Service charges - electricity revenue 653,369 50,081 616,420

653,369 36,949 94%

653,369

Service charges - water revenue 171,781 13,268 166,955

171,781 4,826 97%

171,781

Service charges - sanitation revenue 84,647 7,048 84,255

84,647 392 100%

84,647

Service charges - refuse revenue 71,770 7,645 75,134

71,770 (3,364) 105%

71,770

Service charges - other 13,704 2 369 12 614

13,704 1 090 92%

13,704

Rental of facilities and equipment 2,132 1 080 3 113

2,132 (981) 146%

2,132

Interest earned - external investments 534 392 981

534 (447) 184%

534

Interest earned - outstanding debtors 12,091 353 10 288

12,091 1 803 77%

12,091

Dividends received - 13 13 - (13) 0% -

Fines 13,398 447 11 047

13,398 2 351 82%

13,398

Licences and permits 19 2 23

19 (4) 121%

19

Agency services 16,135 1 446 24 482

16,135 (8 347) 152%

16,135

Transfers recognised - operational 213,882 740 197 418

213,882 16 464 92%

213,882

Other revenue 27,299 1 953 24 355

27,299 2 944 89%

27,299

Gains on disposal of PPE 22,569 28 286 30 831

22,569 (8 262) 137%

22,569

Total Revenue (excluding capital transfers and contributions)

1,546,029 134,886 1,501,751

1,546,029 44,278 97%

1,546,029

3.4.1 Revenue as at end of June 2012 (largely billed income rather than cash received) was R 1 501,751 billion. This represents 97% of the total Approved Adjustment. The year-end process is still unfolding whereby Finance Department is allocating unallocated revenue received or billed; the total of R1, 501,751 billion will change.

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3.4.2 Interest earned on external investment. Normally this represent a small amount of interest income which is generated from the short term investments held when there are temporary surpluses of cash.

3.4.3 Gains on disposal of PPE. This includes the R20 million we received from sale of land for the remaining extent of portion 2 of the farm Witpoortjie no.245 and R2.5million for disposal of old and obsolete assets during the auction.

3.4.4 Interest earned on outstanding debtors. This is interest levied for main tariffson outstanding debt.

3.4.5 Vehicle Registration. Vehicle registration is an in and out vote. As the money is being collected, a subsequent payment is made to the Gauteng Provincial Government.

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3.5 OVERALL PERFORMANCE ON THE OPERATING BUDGET

Table 8: Operating Budget Performance for the year to 30th June 2012

2011/2012 FULL YEAR

R 000

BUDGET FOR THE YEAR TO DATE

R 000

Expenditure Budget (1, 663, 896) (1,663,896)Actual to date (1,659,670) (1,659,670)Variance - under / over spending (4,226) (4,226)% of Budget Spent 100% 100%

Revenue Budget 1,546,029 1,546,029Actual billed to date 1,501,751 1,501,751Variance under (over) revenue 44,278 44,278% of Budget Billed 97% 97%

Surplus/(Deficit) Budgeted Position (117,867) (117,867)Surplus/(Deficit) position to date (157,919) (157,919)

Note: Negative (Expenditure) & Positive (Revenue) Excludes capital grants revenue

To summarise, expenditure to date is 100% of the total Approved Adjustment Budget for the year.

Billing to date represents 97% of the total Approved Adjustment Budget for the year.

Expenditures paid during the year exceeded income received on page 12 byR71 million, this is due to several reasons:

o In July 2011 operating expenditure exceeds operating income by R56 574 million reasons being that most of payments for 2010/2011 FY were made in July 2011 in terms of cash flow and reported inStatement of Financial Performance by June 2011. As per GRAP 1: Presentation of Financial Statement, paragraph 31: states that an entity shall prepare its financial statements, except for cash flow information, using the accrual basis of accounting.

o In order for Mogale City to avoid these huge overspent during the beginning of financial year which automatically affects our cash position during the year, we need to start building reserves to fund committed expenditures for the previous financial year.

24

4. CAPITAL BUDGET PERFORMANCE

4.1 CAPITAL EXPENDITURE BY VOTETable 9: Capital expenditure for the year to 30th June 2012 by vote

Approved Adjustment

Budget

Capital expenditure incurred to

date

% of Approved Budget Spent to date

Year TD budget

variance/ under over spend against adjustment budget

YTD variance % adjustment budget spent

Municipal Management 1,460 1,152 79% 1,460 308 79%

Project Management Unit 23 23 100% 23 0 100%

Project Management Office 197 65 33% 197 132 33%

Information Technology 1,240 1,064 86% 1,240 176 86%

Corporate Support Services 1,402 1,402 100% 1,402 0 100%

Corporate Services Administration 1,402 1,402 100% 1,402 0 100%

Municipal Finance Management 52 52 100% 52 0 100%

Social Services 22,876 19,898 87% 22,876 2,978 87%

Social services 18,345 17,161 94% 18,345 1,184 94%

Sports and Recreation 2,559 1,984 78% 2,559 575 78%

Libraries 1,346 755 56% 1,346 591 56%

Public Safety 625 (2) 0% 625 623 0%

Economic Services 1,837 0 0% 1,837 1,837 0%

Tourism 1,837 0 0% 1,837 1,837 0%

Integrated Environmental Management 17,060 13,510 79% 17,060 3,550 79%

Parks & Cemetries 11,468 9,551 83% 11,468 1,917 83%

Municipal Health 5,592 3,959 71% 5,592 1,633 71%

Infrastructure Services 132,264 103,740 78% 132,264 28,524 78%

Building Facilities 6,500 2,348 36% 6,500 4,152 36%

Water and Sanitation 66,128 54,244 79% 66,128 11,884 79%

Electricity 40,476 27,988 69% 40,476 12,488 69%

Roads & stormwater 19,160 19,160 100% 19,160 0 100%

TOTAL CAPITAL BUDGET 176,951 139,755 79% 176,951 37,196 79%

25

4.1.1 Table 9 above shows expenditure as at end of June 2012 on the capital budget per vote. In overall terms 79 % of the capital approved adjustment budget has been spent.

4.2 CAPITAL EXPENDITURE BY PROJECT

4.2.1 Annexure B, Table 1 gives details of expenditure incurred to date on each capital project.

4.3 FUNDING OF THE CAPITAL BUDGET

Table 10: Funding of capital expenditure for the year to 30th June 2012

Source of Funding2011/2012 ApprovedAdjustment Budget

R 000

Financing of capital expenditure incurred

to date R 000

National Government Grants- Municipal Infrastructure Grant 78 892 67,297- Department of Water Affairs 3 465 2,556

Total National Government Grants 82 357 69,853

Provincial Government Grants- Sports, Rec. Arts (Library Funding) 1 346 755- Social Development 18 345 17,160- GDACE 57 0

Total Grants from Province 19 749 17,915

Councils Own Funds- Own Funds 66 770 51,792- External Loan 8 075 194

Total Own Funds 74 845 51,986

TOTAL FUNDING 176 951 139,755

26

4.4 GRANTS ALLOCATIONS RECEIVED AND EXPENDITURE INCURRED

4.4.1 Section 71 of the MFMA requires that the amount of grant allocations received by the municipality, and the amount of expenditure funded by these allocations, is reported monthly (including equitable share). Annexure A, Table SC6 (receipts) and SC7 (expenditure) gives this information.

4.4.2 Table SC6 (receipt) show that MCLM expects to obtain R310 989 million of grants from other spheres of government for 2011/2012 Approved Adjustment Budget. This amount is for funding both the operational and capital budget. By the end of 30th June 2012,R301 001 million had been received.

Table SC6: Transfers & Grants- Receipt for the year to 30th June 2012

Description

Approved Adjustment

Budget

Monthly actual

Year TD actual

Year TD budget Year TD

variance

YTD variance %

Full Year Forecast

R thousands

RECEIPTS:

Operating Transfers and Grants

National Government: 194,320

0 190,339

194,320 3,981 95%

194,320

Equitable share 189,605

0 186,224

189,605 3,381 98%

189,605

Finance Management grant 1,250 0 1,250

1,250 0 100%

1,250

Municipal Systems Improvement 800 0 800

800 0 100%

800

Department of Water Affairs 600 0 0

600 600 0%

600

MIG (PMU) 2,065 0 2,065

2,065 0 100%

2,065

Provincial Government: 12,520

2,427 10,855

12,520 1,665 87%

12,520

Sports and Recreation 4,400 0 4,400

4,400 0 100%

4,400

Expanded Public Works Programme

4,064

0 1,155

4,064 2,909 28%

4,064

Seta- Training 1,627

227 2,620

1,627 (993) 161%

1,627

Bontle ke Botho 229 0 480

229 (251) 210%

229

Aloecap Projects 2,200

2,200 2.200

2,200 0 100%

2,200

District Municipality: 7,857

3,129 3,915

7,857 3,942 50%

7,857

WRDM: HIV/AIDS 787 854 1,640

787 (853) 208%

787

WRDM: DMA Funding 7,071

2,275 2,275

7,071 4,796 32%

7,071

Total Operating Transfers and Grants 214,697

5,556 205,109

214,697 9,588 96%

214,697

27

Capital Transfers and Grants

National Government: 80,292

0 79,892

80,292 400 100%

80,292

Municipal Infrastructure Grant (MIG)

78,892 0 78,892

78,892 0 100%

78,892

DWAF 1,400

0 1,000

1,400 400 71%

1,400

Provincial Government: 16,000

0 16,000

16,000 0 100%

16,000

Sport and Recreation 1,000 0 1,000

1,000 0 100%

1,000

Social Development 15,000

0 15,000

15,000 0 100%

15,000

Total Capital Transfers and Grants 96,292 0 95,892

96,292 400 100% 96,292

TOTAL RECEIPTS OF TRANSFERS & GRANTS

310,989

5,556 301,001

310,989 9,988 98%

310,989

4.4.3 Table SC7 (expenditure) shows that R283 845 million had been spent to date. The table below gives the detailed report on expenditure.

28

Table SC7: Transfers & Grants - Expenditure for the year to 30th June 2012

Description

Approved Adjustment

Budget

Monthly actual

Year TD actual

Year TD budget Year TD

variance

YTD variance %

Full Year Forecast

EXPENDITUREOperating expenditure of Transfers and Grants

National Government: 194,320 36,232 190,206

194,320 4,114 98% 194,320

Equitable share 189,605 35,551 186,224

189,605 3,381 98% 189,605

Financial Management 1,250 305 1,250

1,250 0 100% 1,250

Municipal System Improvement 800 168 800

800 0 100% 800

Department of Water Affairs 600 0 47

600 553 8% 600

MIG (PMU) 2,065 208 1,885

2,065 180 91% 2,065

Provincial Government: 12,520 1,029 5,834

12,520 6,686 47% 12,520

Sports and Recreation 4,400 567 3,657

4,400 743 83% 4,400

EPWP 4,064 92 386

4,064 3,678 9% 4,064

Seta- Training 1,627 370 1,677

1,627 (50) 103% 1,627

Bontle ke Botho 229 0 114

229 115 50% 229

Aloecap Projects 2,200 0 0

2,200 2,200 0% 2,200

District Municipality: 7,857 854 1,640

7,857 6,217 21% 7,857

WRDM: HIV/AIDS 787 854 1,640

787 (853) 208% 787

WRDM: DMA Funding 7,071 0 0

7,071 7,071 0% 7,071

Total operating expenditure of Transfers and Grants:

214,697 38,115 197,680

214,697 17,017 92% 214,697

Capital expenditure of Transfers and Grants

National Government: 80,292 8,903 68,250

80,292 12,042 85% 80,292

Municipal Infrastructure Grant 78,892 7,950 67,297

78,892 11,595 85% 78,892

DWAF 1,400 953 953

1,400 447 68% 1,400

Provincial Government: 16,000 3,571 17,915

16,000 (1,915) 112% 16,000

Sport and Recreation 1,000 755 755

1,000 245 76% 1,000

Social Development 15,000 2,816 17,160

15,000 (2,160) 114% 15,000

Total capital expenditure of Transfers and Grants

96,292 12,474 86,165

96,292 10,127 89% 96,292

TOTAL EXPENDITURE OF TRANSFERS AND GRANTS

310,989 50,589 283,845

310,989 27,144 91% 310,989

29

5.CASH FLOW POSITION

5.1 The cash flow position for the 2011/12 year is given in the Table C7 cash Flow.

2010/11 Budget Year 2011/12

Audited

Outcome

Original

Budget

Adjusted

Budget

Monthly

actual

YearTD

actual

YearTD

budget

YTD

variance

YTD

variance

Full Year

Forecast

R thousands 1 %

CASH FLOW FROM OPERATING ACTIVITIES

Receipts

Ratepay ers and other 1,098,689 1,456,684 1,447,845 111,807 1,388,878 1,447,845 (58,966) -4% 1,447,845

Gov ernment - operating 191,202 200,724 213,882 1,081 197,932 213,882 (15,950) -7% 213,882

Gov ernment - capital 72,887 115,424 102,106 99,157 102,106 (2,949) -3% 102,106

Interest 7,444 2,272 534 566 534 32 6% 534

Div idends 11 13 13 #DIV/0!

Payments

Suppliers and employ ees (1,268,118) (1,508,238) (1,572,803) (100,994) (1,492,329) (1,572,803) (80,474) 5% (1,572,803)

Finance charges (33,209) (22,984) (25,309) (24,412) (24,412) (25,309)

Transfers and Grants (4,739) (18,164) (2,903) (8,398) (18,164) (9,766) 54% (18,164)

NET CASH FROM/(USED) OPERATING ACTIVITIES 64,166 243,883 148,092 8,990 161,408 148,989 12,419 8% 148,092

CASH FLOWS FROM INVESTING ACTIVITIES

Receipts

Proceeds on disposal of PPE 664 22,569 22,696 22,696 22,569 127 1% 22,569

Decrease (Increase) in non-current debtors (625)

Decrease (increase) other non-current receiv ables

Decrease (increase) in non-current inv estments

Payments

Capital assets (156,778) (226,213) (176,951) (24,397) (168,484) (176,951) (8,467) 5% (176,951)

NET CASH FROM/(USED) INVESTING ACTIVITIES (156,114) (226,838) (154,383) (1,701) (145,788) (154,383) (8,594) 6% (154,383)

CASH FLOWS FROM FINANCING ACTIVITIES

Receipts

Short term loans

Borrow ing long term/refinancing 53,000

Increase (decrease) in consumer deposits 789

Payments

Repay ment of borrow ing (11,496) (12,265) (11,199) (11,196) (11,196) (11,199)

NET CASH FROM/(USED) FINANCING ACTIVITIES 42,293 (12,265) (11,199) (11,196) (11,196) (11,199)

NET INCREASE/ (DECREASE) IN CASH HELD (49,655) 4,781 (17,490) 7,289 4,424 (16,590) (17,490)

Cash/cash equiv alents at beginning: 88,991 39,336 17,649 17,649 39,336 17,649

Cash/cash equiv alents at month/y ear end: 39,336 44,117 160 22,073 22,746 160

Description Ref

GT481 Mogale City - Table C7 Monthly Budget Statement - Cash Flow - M12 June

30

GT481 Mogale City - Supporting Table SC9 Monthly Budget Statement - actuals and revised targets for cash receipts - M12 June

July August Sept October Nov Dec January Feb March April May JuneR thousands 1 Outcome Outcome Outcome Outcome Outcome Outcome Outcome Outcome Outcome Outcome Outcome OutcomeCash Receipts By Source

Property rates 21,971 20,528 20,822 18,261 25,780 18,805 32,973 29,594 34,480 17,375 24,100 23,686 228,136 266,446 301,595 Property rates - penalties & collection charges Service charges - electric ity revenue 42,260 55,137 58,627 47,898 48,159 44,263 49,874 47,408 42,197 45,790 48,959 48,420 616,049 704,669 847,032 Service charges - water revenue 11,138 11,688 14,515 10,772 13,219 14,886 12,625 13,326 10,054 9,778 14,212 11,261 162,439 188,839 219,256 Service charges - sanitation revenue 5,934 5,503 6,868 4,453 5,966 4,123 6,067 4,949 6,686 4,488 6,650 5,209 79,569 86,886 98,348 Service charges - refuse 3,686 3,720 3,587 3,519 4,706 3,311 3,700 3,979 4,363 3,522 4,416 4,189 60,694 67,913 76,872 Service charges - other 2,058 2,800 3,151 1,958 2,509 2,666 1,690 1,622 2,106 902 1,288 1,301 20,906 36,083 41,266 Rental of facilities and equipment 338 394 459 790 51 1,080 2,132 5,663 6,399 Interest earned - external investments 11 72 106 30 316 534 2,272 2,272 Interest earned - outstanding debtors 1,346 1,199 1,246 1,374 434 647 809 814 644 468 1,308 12,091 7,700 8,701 Dividends received 13 Fines 1,269 734 432 1,911 2,132 345 54 2,429 662 620 444 13,387 15,772 17,823 Licences and permits 1,584 6,195 2,114 63,750 52,965 52,965 Agency services 511 1,147 1,507 1,633 1,526 7,291 2,315 1,491 16,135 10,591 10,591 Transfer receipts - operating 79,687 4,650 3,622 59,821 48,242 829 1,081 213,882 223,829 236,920 Other revenue 12,069 7,260 31,551 199 25,187 15,875 9,694 28,699 14,042 13,851 12,833 13,417 172,556 203,217 205,981

Cash Receipts by Source 183,862 121,025 142,412 95,630 189,438 107,494 117,801 130,391 172,534 98,455 115,457 112,888 1,662,261 1,872,845 2,126,018 Other Cash Flows by Source

Transfer receipts - capital 40,479 22,239 2,200 1,000 33,239 102,106 125,630 130,844 Contributions & Contributed assets Proceeds on disposal of PPE 22,696 22,569 Short term loans Borrowing long term/refinancing Increase in consumer deposits (650) (676) Receipt of non-current debtors Receipt of non-current receivables Change in non-current investments

Total Cash Receipts by Source 183,862 161,504 142,412 95,630 211,677 109,694 117,801 131,391 205,773 98,455 115,457 135,584 1,786,936 1,997,825 2,256,187 Cash Payments by Type

Employee related costs 32,588 31,640 32,278 32,344 49,903 32,471 31,829 31,688 31,415 31,724 31,627 31,633 406,312 460,247 506,272 Remuneration of councillors 1,412 1,415 1,387 1,450 1,409 1,423 1,966 1,301 1,501 1,493 1,490 1,493 19,312 19,539 20,752 Interest paid 1 2,607 7,007 678 1,418 1,664 7,638 3,399 25,309 21,774 21,145 Bulk purchases - Electric ity 59,274 53,447 39,760 8,772 40,979 39,474 18,252 25,608 47,117 10,343 21,486 19,105 412,000 472,332 504,026 Bulk purchases - Water & Sewer 610 8,262 10,911 3,549 20,757 11,231 11,617 10,969 21,844 11,278 10,630 137,583 128,596 144,999 Other materials 7,657 1,488 9,077 4,737 6,976 15,149 5,723 3,707 10,605 7,719 7,786 7,177 81,687 119,492 126,064 Contracted services 27,128 15,607 13,607 23,342 16,600 14,815 16,793 19,406 20,768 27,060 12,474 16,489 213,129 106,163 110,257 Grants and subsidies paid - other municipalities Grants and subsidies paid - other 490 578 3,055 1,176 194 2,903 18,164 7,619 8,038 General expenses 8,184 10,578 5,630 7,350 6,051 3,564 3,313 4,991 8,648 2,458 4,697 6,444 74,441 114,756 123,578

Cash Payments by Type 137,344 125,621 119,656 82,222 142,674 118,126 90,911 102,389 141,899 100,889 83,153 95,875 1,387,936 1,450,519 1,565,131

Other Cash Flows/Payments by TypeCapital assets 11,497 21,724 20,433 14,729 18,220 6,825 1,341 13,480 14,180 13,686 7,973 24,397 176,951 240,078 306,804 Repayment of borrowing 12 2,228 468 437 3,707 1,056 2,043 938 308 11,199 11,856 14,062 Other Cash Flows/Payments 23,871 20,529 14,330 5,050 16,594 16,432 13,259 12,515 23,597 14,919 15,256 8,023 228,339 280,861 350,099

Total Cash Payments by Type 172,724 170,101 154,887 102,438 181,196 141,383 106,567 130,427 179,676 130,433 106,690 128,294 1,804,425 1,983,313 2,236,096 NET INCREASE/(DECREASE) IN CASH 11,138 (8,598) (12,475) (6,808) 30,482 (31,688) 11,234 964 26,097 (31,978) 8,767 7,289 (17,490) 14,512 20,090

Cash/cash equivalents at the month/year beginning: 17,649 28,787 20,190 7,715 906 31,388 (300) 10,934 11,898 37,995 6,017 14,784 17,649 160 14,672 Cash/cash equivalents at the month/year end: 28,787 20,190 7,715 906 31,388 (300) 10,934 11,898 37,995 6,017 14,784 22,073 160 14,672 34,762

Budget

Year +1

Budget Year

+2 2013/14

DescriptionBudget

Year

RefBudget Year 2011/12

2011/12 Medium Term Revenue &

Expenditure Framework

31

5.2. The cash flow position for the 2011/12 year is given in Table C7 cash Flow. A summary of the cash flow for the year is reflected in SC9. SC9 reflects the increase in the cash and investments position more clearly. An increase in cash of R7, 289m is shown for June 2012. The income derived from main revenue tariffs for June 2012 was R94, 067m vs. an expected amount of R98, 270m at aprojected collection rate of 94%.

5.3 As at 30 June 2012 MCLM's bank balance was a positive amount of R13,425,236.63

5.4 The total cash received during the month of June 2012 amounted to R1, 845,737 which is R73, 615m less than the expected amount of R1, 919,352. Total Actual expenditure for the same period amounted to R1, 844,958 which is R76, 090mmore than the budgeted expenditure of R1, 921,048.

5.5 The total cash received includes cash received for Operating Activities such as the sale of water, electricity, fees charged for refuse removal and sanitation as well as other service charges.

5.6 The total cash received from Operating Activities was R1, 416,232 from the expected budget at 94% collection rate of R1, 470,948m. Council therefore received R54, 716m less operational income than expected.

5.7 The Total Income was made up of the following:

Figures in RmsFigures in Rm's

Revenue Source Expected Income Actual Income DifferenceRM RM RM

Property Rates R 228,136 R 288,373 R 60,237Electricity R 584,680 R 545,864 R -38,816Water R 146,351 R 132,497 R -13,854Sanitation R 79,569 R 66,896 R -12,672Refuse R 60,694 R 46,699 R -13,995PP Electricity R 31,369 R 33,128 R 1,759PP Water R 16,089 R 14,976 R -1,113Other Income R 324,060 R 287,799 R -36,261

Sub-Total R 1,470,948 R 1,416,232 R -54,716Investments Redeemed R 132,416 R 132,416 R 0Operating Grants R 213,882 R 197,932 R -15,950External Loan Received R 0 R 0 R 0Capital Grants R 102,106 R 99,157 R -2,949

Total Income R 1,919,352 R 1,845,737 R -73,615

5.8 Other Service Charges, amounting to R16,228m consist of income for connectionand re-connection fees, building plan fees, cemetery fees and landfill site fees.

5.9 Total Operating Expenditure amounted to R1, 490,616 which was R57,857m more than the budgeted expenditure of R1,548,473.

32

5.10 Total Expenditure was made up of the following:

Figures in RmsExpenditure Item Expected Expenditure Actual Expenditure Difference

RM RM RMSalaries R 425,624 R 418,880 R 6,743Electricity R 412,000 R 383,616 R 28,384Water R 135,207 R 119,084 R 16,123Sewer R 2,376 R 2,573 R -197Other Creditors R 573,266 R 566,463 R 6,803

Sub-Total R 1,548,473 R 1,490,616 R 57,857Investments made R 141,852 R 141,852 R 0Financing Activities R 35,608 R 35,608 R 0Operating Grants R 18,164 R 8,398 R 9,766Capital Expenditure R 176,951 R 168,484 R 8,467

Total Expenditure R 1,921,048 R 1,844,958 R 76,090

Annexure B, Table 2 displays the capital expenditure to date.`

5.11 The Council received MIG Grant allocation for the 2011/12 financial year in full.

33

6. CURRENT BANK BALANCE, INVESTMENTS, AND BORROWING

6.1 BALANCE IN CURRENT ACCOUNTS

Table 11: Balance in current account as at 30th June 2012.

STANDARD BANK TOTAL AVAILABLE

Balance R 13,425,236.63 R 13,425,236.63

6.2 INVESTMENTS

6.2.1. SC5 gives the Investment portfolio as at 30th June 2012.

6.2.2 MCLM has investments totalling R88,049m. Of this amount, R79,437m are investments that are linked to the bullet loans previously taken out by the municipality. These investments must be used to repay the bullet loans at the end of the loan period or when a consolidation or restructuring of the loans is undertaken.

6.3 LOANS

6.3.1 MCLM has outstanding long term loans amounting to R195, 093m. An increase of R1, 991m was due to the interest accrued during the month.

6.4 WITHDRAWAL STATEMENT

6.4.1 Section 11(4) of the MFMA requires that a consolidated report is tabled to Council at least quarterly on all withdrawals made from the municipality's bank accounts in terms of section 11(1) (b) to (j) of that Act. Annexure B, Table 8 gives this information in the prescribed format.

34

6.5 SHORT TERM BORROWING

6.5.1 Section 45 (3) (iii) of the MFMA requires the accounting officer to notify the Council in writing as soon as practical of the amount, duration and cost of any short term loan (overdraft facility) incurred by the municipality.

Mogale City utilised the overdraft facility during the month of June 2012. On average Mogale City utilised an overdraft facility to the value of (R14,821,163.61).

Below is the schedule of days that Mogale utilised the overdraft:Date Amount1-Jun-12 -5,114,447.65 4-Jun-12 -13,044,697.79 5-Jun-12 -15,033,941.78 6-Jun-12 -11,780,905.08 7-Jun-12 -21,843,218.18 8-Jun-12 -17,212,569.80 11-Jun-12 -15,308,831.77 12-Jun-12 -17,944,199.47 13-Jun-12 -18,616,106.65 14-Jun-12 -17,334,559.42 15-Jun-12 -18,035,229.72 18-Jun-12 -15,434,140.82 19-Jun-12 -12,793,247.63 20-Jun-12 -11,988,103.06 21-Jun-12 -9,174,403.21 22-Jun-12 -5,001,811.08 25-Jun-12 -16,816,084.37 26-Jun-12 -19,641,491.49 27-Jun-12 -19,484,119.65

35

7 PERFORMANCE ON MAIN TARIFF REVENUE COLLECTION

7.1 Collection rates as at 30th June 2012The following is a summary of the year to date collection rate as at June 2012

Table 12: Collection rates to 30th June 2012

Main Tariff

Amount BilledFor the year to date Amount received for

the year to date

Collection Rate(received/billed)For the year to

date%

Property Rates 243,822,478.09 288,373,403.53 118.27Electricity services 583,292,047.61 545,863,562.49 93.58Water services 151,978,919.60 132,496,686.86 87.18Sanitation services 84,255,180.41 66,896,078.20 79.40Refuse services 64,647,130.91 46,698,831.61 72.24SUB TOTAL 1,127,995,756.62 1,080,328,562.69 95.77Other income 24,945,460.80 16,704,535.09 66.96TOTAL 1,152,941,217.42 1,097,033,097.78 95.15

7.1.1 The above table shows the amount billed and the amount of cash received for each of the main tariffs. This is also shown graphically in Chart 1.

7.1.2 Other income related to debtors has been added to this monthly report. The totals for the five main tariffs are thus stated separately as sub-totals.

Chart 1: Collection Rates to 30th June 2012 - by tariff

36

Table 13: Collection Rate to 30th June 2012 by Suburb (accumulated year to date)

Suburb

Amount BilledFor the year to

date

R

Amount receivedFor the year to

date

R

Collection Rate(received/billed)For the year to

date%

Krugersdorp 851,792,552.54 859,993,643.22 100.96Kagiso 73,144,999.18 39,213,262.32 53.61Munsieville 12,649,246.89 6,750,362.09 53.37Azaadville 33,898,752.67 33,299,198.02 98.23Lusaka 12,626,278.22 6,396,265.19 50.66Magaliesburg 26,498,054.27 19,056,525.35 71.92A/H 17,192,555.15 15,655,226.18 91.06Farms 104,720,811.16 102,192,960.70 97.59Other 20,417,967.34 14,475,654.71 70.90TOTAL 1,152,941,217.42 1,097,033,097.78 95.15

7.1.3 The tables and charts below show monthly Collection Rates analysed by suburb and by customer category.

Chart 2: Collection Rates for the year to 30th June 2012 by Suburb

37

Table 14: Collection Rate to 30th June 2012 by Customer (YTD)

Customer Group

Amount BilledFor the year to date

R

Amount receivedFor the year to date

R

Collection Rate(received/billed)For the year to

date%

Domestic 609,647,352.05 564,975,041.19 92.67Business 199,199,266.98 188,452,219.82 94.60Industrial 207,924,008.97 207,975,594.76 100.02Government 15,247,719.22 24,613,690.40 161.43School 13,441,578.09 11,778,445.90 87.63Church 16,025,802.44 10,240,807.49 63.90TOTAL 1,061,485,727.75 1,008,035,799.56 94.96

Chart 3: Collection Rates for the year to 30th June 2012 by customer (YTD)

38

7.2 COLLECTION RATE PERFORMANCE

Table 15: Collection Rate comparative figures from 2005/06 onwards

2006/07 2007/08 2008/09 2009/102010/11 2011/12

Collection Rate for the months of June

82% 97% 72% 100% 86% 97%

Average Collection Rate for year to date

88% 93% 88% 90% 93% 96%

7.2.1 The Collection Rate for the period June 2012 is higher in comparison to the previous years. Year-to-date is higher as previous year as shown in the table above.

7.3 OUTSTANDING DEBTORS (AMOUNTS OWED TO MCLM)

Chart 4: Total Outstanding Debtors as at 30th June 2012

7.3.1 The current debt outstanding and owed to the municipality is R864.1 million. Of this 82 % is older than 30 days, as shown in chart 4 above. The detailed age analysis for total debtors is shown below in chart 5.

.

39

Chart 5: Age analysis of total outstanding debtors as at 30th June 2012

40

7.4 AGE ANALYSIS

MONTH BALANCE CURRENT 30 DAYS 60 DAYS 90 DAYS 120+ DAYS

JUL 2011 826,495,020 115,472,559 64,475,193 18,381,946 17,209,337 610,955,986

AUG 2011 816,462,937

110,771,413

55,054,111

30,184,739

13,817,067 606,635,605

SEPT 2011 846,824,317 112,550,120 67,892,555 27,955,337 27,108,913 611,317,391

OCT 2011 866,505,081 242,435,685 71,816,980 26,227,547 23,763,589 502,261,281

NOV 2011 852,689,335 102,409,903

189,159,246 31,169,201 21,277,145 508,673,838

DEC 2011 870,269,047 102,715,768

74,106,676 151,719,105 25,898,015 515,829,481

JAN 2012 842,105,950 88,954,487

56,627,451 26,761,308

144,225,201 525,537,501

FEB 2012 817,575,575 85,932,348 49,002,215 24,580,589 19,771,757 638,288,665

MARCH 2012 830,180,306 91,675,308 50,219,060 22,000,270 19,547,629 646,738,039

APRIL 2012 849,610,402 104,434,329 55,896,311 19,500,252 21,067,734 648,711,777

MAY 2012 846,163,456 103,668,318 61,566,458 19,982,275 13,754,715 647,191,689

JUNE 2012 864,106,838 159,022,271 58,177,728 26,938,640 16,439,283 603,528,916

41

CHART 6 AGE ANALYSIS YEAR TO DATE

42

7.5 MONTHLY INCOME VARIANCE ON CASH COLLECTION AS AT 30th JUNE 2012JUL 11 AUG 2011 SEPT 2011 OCT 2011 NOV2011 DEC 2011

Budgeted Income

96,222,997 96,222,997 96,222,997 96,222,997 96,222,997 96,222,997

Actual Billed

90,028,040 103,600,710 104,316,172 96,324,859 93,848,839 94,750,796

Variance6,194,957 -7,377,713 -8,093,175 -101,862

2,374,158 1,472,201

JAN 2012 FEB 2012 MARCH 2012

APRIL 2012 MAY 2012 JUNE 2012

Budgeted Income

96,222,997 96,222,997 96,222,997 96,222,997 96,222,997 96,222,997

Actual Billed

90,431,758 90,765,430 88,612,783 92,222,650 Error! Not a valid link.

90,611,633

Variance5,791,239 5,457,567 7,610,214 4,000,347

3,740,913 5,611,364

7 .6 MONTHLY PAYMENT COLLECTION RATES AS AT 30th JUNE 2012

JUL 11 AUG 2011 SEPT 2011 OKT 2011 NOV 2011 DEC 2011

Actual Billed

90,028,040103,600,710 104,316,172

96,324,859 93,848,939 94,750,796Actual

income

82,794,50690,923,824

99,978,105

81,528,938 94,245,55371,557,576

Payment Level 92%

88% 96%85%

100% 86%

JAN 2012 FEB 2012 MARCH2012

APRIL 2012 MAY 2012 JUNE 2012

Actual Billed 90,431,758 90,765,430 88,612,783

92,222,650 92,482,084 90,611,633

Actual income 100,915,700 95,795,890 96,093,800

75,994,834 92,524,201

87,695,836

Payment Level 112% 106% 108%

82%100% 97%

43

Chart 7 Monthly payment collection rates

7.8 PERFORMANCE OF DEBT COLECTORS

Table 16 Performance of debt collectorsCOLLECTOR CONTROL ACC AMOUNT H/O COLLECTED CORRECTIONS/

INDIGENTSUNTILL DATE

NEW OUTSTANDING

AFTER H/O

REVCO 8170 90371 151,029,775 9,007,419 28,369,846 5/31/2012 113,652,510 CREDITWORX 8170 90372 148,941,915 8,221,342 40,513,198 5/31/2012 100,207,375

MOODIE & ROBERTS

8170 90373 160,523,231 10,539,585 40,026,546 5/31/2012 109,957,100

REVCO 8170 90374 160,056,093 13,483,194 45,101,286 5/31/2012 101,471,612 CREDIT WORX 8170 90375 171,417,507 17,025,574 30,520,058 5/31/2012 123,871,876

Truter, Crous & Wiggill

8170 90376 184,958 - 2,957 5/31/2012 182,001

Sundry Moodie & Roberts

8190 90386 18,783,279 - 9,331,792 5/31/2012 9,451,487

810,936,758 58,277,114 193,958,441 558,701,203

The above table indicates the performance of debt collectors to date. Approximately 9%of the debt has been collected to date.

44

8. RECOMMENDATIONS TO MUNICIPAL COUNCIL

1. That the fourth quarter In Year Financial Monitoring Report for the period ended 30th of June 2012 be noted.

2011/2012 IN YEAR FINANCIAL MONITORING REPORT

FOR THE PERIOD 1st JULY 2011 TO 30th JUNE 2012

4th Quarter Report

TABLE OF CONTENTS

1.Introduction.............................................................................................5

2.Executive Summary...................................................................................6-13

3.Financial Performance (Expenditure & Revenue)....................................14-23

4.Capital Budget Performance....24-28

5.Cash Flow Position.....................................................................................29-32

6.Current Bank Balance, Investment and Borrowing......................................33-34

7.Performance on main tariff revenue collection......35-43

8. Recommendations.44

IN-YEAR BUDGET STATEMENT TABLES: JUNE 2012 REPORT

The financial results for the period ended 30th June 2012 ( the 12th

month of the 2011/2012 financial year) are attached consisting of the following tables, in Annexure A and Annexure B:

ANNEXURE A:

1)Table C1: Monthly Budget Statement Summary

2)Table C2: Monthly Budget Statement Financial Performance (standard classification)

3)Table C3: Monthly Budget Statement - Financial Performance (Revenue and Expenditure by Municipal vote)

4)Table C4: Monthly Budget Statement Financial Performance (Revenue and Expenditure)

5)Table C5: Monthly Budget Statement - Capital Expenditure by vote, standard classification and funding

6)Table C6: Monthly Budget Statement Financial Position

7)Table C7: Monthly Budget Statement Cash Flow

ANNEXURE A:

1) Table SC1: Material variance explanations

2)Table SC2: Monthly Budget Statement Performance Indicators

3)Table SC3: Monthly Budget Statement - Aged Debtors

4)Table SC4: Monthly Budget Statement - Aged Creditors

5)Table SC5: Monthly Budget Statement Investment Portfolio

6)Table SC6: Monthly Budget Statement Transfer and grant receipts

7)Table SC7: Monthly Budget Statement Transfer and grant expenditures

8)Table SC8: Monthly Budget Statement Councillor and Staff Benefits

9)Table SC9: Monthly Budget Statement Actual and Revised targets for cash receipts

10)Table SC12: Monthly Budget Statement Capital Expenditure Trend

11)Table SC13a: Monthly Budget Statement Capital expenditure on new assets by asset class

12)Table SC13b: Monthly Budget Statement Capital expenditure on renewal of existing assets by asset class

13)Table SC13c: Monthly Budget Statement Capital expenditure on repairs and maintenance by asset class

14)Municipal managers quality certification

ANNEXURE B:

1) Table 1: Capital Expenditure to date by Capital Projects

2) Table 2: Capital Expenditure to date payments from Cash Flow

3) Table 3: Revenue Activity Report

4) Table 4: Staff Arrears Service Accounts

5) Table 5: Councillors Service Accounts

6) Table 6:Investment Register

7) Table 7:Loan Register

8) Table 8: Quarterly withdrawal statements

1. INTRODUCTION

1.1 PURPOSE

The purpose of this report is to inform the Municipal Council about the Financial Status quo of Mogale City Local Municipality and to comply with Section 52, Sections 71 of the MFMA and the requirements as promulgated in the Government Gazette No 32141 of 17th April 2009.

1.2 STRATEGIC OBJECTIVE

To ensure sound and sustainable management of the financial affairs of the City.

1.3 BACKGROUND

Section 52(d) and section 71 of the MFMA and in terms of Section 28 of the Government Notice 32141 dated 17 April 2009, regarding the Local Government: Municipal Finance Management Act 2003 Municipal Budget and Regulations necessitates that specific financial particulars be reported on and in the format prescribed.

Section 52(d) of the MFMA states that the mayor of the municipality must, within 30 days of the end of each quarter, submit a report to the council on the implementation of the budget and the financial state of affairs of the municipality;

Section 71 (1) of the MFMA states that, The accounting officer of a municipal must by no later than 10 working days after the end of each month submit to the mayor of the municipality and the relevant provincial treasury a statement in the prescribed format on the state of the municipalitys budget reflecting the following particulars for that month and for the financial year up to the end of that month.

Section 28 of the Government Notice 32141, the monthly budget statement of a municipality must be in the format specified in Schedule C and include all required tables, charts and explanatory information, taking into account any guidelines issued by the Minister in terms of section 168(1) of the Act.

2. EXECUTIVE SUMMARY

2.1SUMMARY STATEMENT OF FINACIAL PERFORMANCE

Table 1: Operating Budget performance for the year to 30th June 2012

2011/2012

Approved Adjustment

Budget

R 000

Actual billed/spend to date (in R and as a % of the Approved Adjustment Budget)

R 000 %

Budget to date

R 000

Under/ over billed /spend against

adjustment budget

R 000

% adjustment budget billed/ spent

%

Revenue

1 546 029

1501 751

97%

1546 029

44 278

97%

Expenditure cash items

(1384 412)

(1,380,186)

100%

(1384412)

(4 226)

100%

Expenditure non-cash items

(depreciation and debt impairment )

(279 484)

(279484)

100%

(279484)

0

100%

TOTAL EXPENDITURE

(1663 896)

(1659670)

100%

(1663896)

(4226)

100%

SURPLUS/

(DEFICIT)

(117867)

(157,919)

(10.2%)

(117867)

40 052

2.6%

Note: Negative (Expenditure) & Positive Revenue

2.1.1 During the 2011/12 financial year we will raise R1,546,029,359 in billed and received revenue and operational grants, excluding capital grants of R102,105,697.

2.1.2 In line with the formats prescribed by the Municipal Budget and Reporting Regulations, capital transfers and contributions are excluded from the operating statement, as inclusion of these revenue sources would distort the calculation of the operating surplus/ (deficit).

2.1.3 The summary of statement of financial performance in Annexure A, Table C4, is prepared on a similar basis to the prescribed budget format, detailing revenue by source type and expenditure by input type.

2.1.4 To date, a total of R1659 670 billion has been spent on the operational approved adjustment budget; this includes non-cash items (representing 100% of the total approved expenditure budget for the year.

2.1.5The table above indicates an operating deficit of R158 million, this operating deficit is a non-cash due to depreciation of about R209 million. These figures include non-cash items such as depreciation and debt impairment. Chart 1 below shows monthly expenditure per categories.

2.1.6To date a total of R1501 751 billion has been billed (representing 97% of the total approved revenue budget for the year). The year-end process is still unfolding whereby Finance Department is allocating unallocated revenue received or billed; the total of R1, 501,751 billion will change. Section 2 of this report gives more detail on the Operational Budget Performance. Chart 2 in page 8 shows monthly collection rate.

2.1.7The revenue shown in the above table is largely the amount of revenue billed for the year to date.

2.1.8The amount of actual cash collected or received for the main tariffs is R1080329 billion (representing 96% of the billed revenue) as shown in paragraph 2.1.9 in page 8 and in detail in section 7 of this report.

Chart 1 Monthly Expenditure Trends

Jul

2011

Aug

2011

Sep

2011

Oct

2011

Nov

2011

Dec

2011

Jan

2012

Feb

2012

Mar

2012

Apr

2012

May

2012

June

2012

56 340 130 167 135 363 83 617 163 080 116 212 108 342 231 885 152 488 126 393 125 926 229 856 4%9%10%6%12%8%8%14%9%8%8%14%

Note: This chart includes depreciation and debt impairment which are non-cash items

2.1.9PERFORMANCE ON REVENUE COLLECTION

Table 2: Billed income amount billed to date and cash received. Figures in R 000

Periods

Amount billed for year to date

Cash received as at 30th June 2012

Collection rate as at 30th June 2012

July 2011

90 028

82 795

92%

2August 2011

103 601

90 924

88%

September 2011

104 316

99 978

96%

October 2011

96 325

81 529

85%

November 2011

93 848

94 245

100%

December 2011

94 751

81 835

86%

January 2012

90 432

100 916

112%

February 2012

90 766

95 796

106%

March 2012

88 613

96 096

108%

April 2012

92 223

75 995

82%

May 2012

92 482

92 524

100%

June 2012

90 612

87 696

97%

Total

1127 996

1080 329

96%

Note: This table excludes service reconnections and sundry billing. Billing is only on Property Rates and four main tariffs.

The Cumulative Collection Rate as at the end of June 2012 stands at 96% - that is the amount of cash that has been received to date for the year is 96% of the billed amount. The payment level for the month of June 2012 is 97%, more information and detail on this performance is given in section 7 of the report.

Chart 2 Monthly Collection Rate

Table 3: Capital Budget performance for the year to 30th June 2012

2011/2012

Approved

Adjustment Budget

R 000

Actual spend to date (in R and as a % of the Approved Adjustment Budget)

R 000 %

Budget to date

R 000

Under over spend against adjustment budget

R 000

% of budget spent

%

EXPENDITURE

176 951

139 755

79%

176 951

37, 196

79%

2.1.10 To date, R140 million has been spent from the approved capital adjustment budget (this represents only 79% of the total approved capital adjustment budget for the year). Section 3 of this report gives more detail on this performance.

Chart 3 2011/12 Capital Expenditure Monthly Trends: actual v target

Chart 4 2011/12 Capital Expenditure: YTD actual v YTD target

2.3CASH FLOW REPORT OF MOGALE CITY FOR JUNE 2012:

Table 4: Cash Flow Position as at 30th June 2012. Figures in Rm's

Cash balance brought forward from 2011/12

17,649

Cash received for the year to date

1,712,396

Cash payments made for the year to date

( 1,707,972 )

Current cash position

22,073

2.3.2Mogale City's cash in hand as at the end of June 2012 was R 22,073m amount was made up as follows:

Source

RM

Mig Grant

2,868

Social Grant

5,395

Grants Account

36

Sanlam Shares

349

Bank Balance

13,425

Total cash in hand

22,073

The Operating Income for the month of June 2012 was R19,024m more than the operating income for the month of May 2012 which was R115,457m, the operating expenditure for the month of June 2012 was R9,082m more than that of the previous month.

Month

Operating Income

Operating Expenditure

Difference

RM

RM

RM

Jul-11

104,185

160,759

-56,574

Aug-11

116,375

143,051

-26,676

Sep-11

142,412

126,980

15,433

Oct-11

91,989

86,594

5,395

Nov-11

132,828

159,268

-26,440

Dec-11

109,694

134,559

-24,864

Jan-12

116,526

102,763

13,763

Feb-12

130,391

112,010

18,381

Mar-12

134,272

164,909

-30,637

Apr-12

97,623

108,171

-10,548

May-12

115,457

94,816

20,641

Jun-12

134,481

103,897

30,583

Total

1,426,232

1,497,777

-71,545

The month of June 2012 shows an increase in collection levels of 97% and the operating income was R30, 583m more than the operating expenditure. The year to date shortage is R71, 545m.

BANK BALANCE, INVESTMENTS, AND BORROWING

Table 5: Key Treasury Information as at 30th June 2012

Previous Month

Current Position

Change from previous month

Balance in current account

-R 1,379,287

R 13,425,236

Increase

R 14,804,523

Total investments held : Uncommitted Call (Sanlam Shares)

R 326,374

R 348,920

Increase

R 22,546

Committed call (MIG grants)

R 8,083,237

R 2,868,207

Decrease

-R 5,215,030

Committed Call (Social Grants)

R 7,716,841

R 5,394,730

Decrease

-R 2,322,111

Committed : Fixed Deposits

R 77,515,431

R 79,436,988

Increase

R 1,921,557

Total external borrowing

R 193,102,483

R 195,093,029

Increase

R 1,990,545

More information on these treasury matters is given in section 5 of this report.

3. FINANCIAL PERFORMANCE (EXPENDITURE BY MUNICIPAL VOTE)

Table C3: Operating expenditure for the year to 30th June 2012 by vote

Vote Description

Budget Year 2011/12

R thousand

Approved Adjustment Budget

Monthly actual

Year TD actual

Year TD budget

Variance under/ over spend against adjustment budget

YTD variance/ % adjustment budget spent

Full Year Forecast

Expenditure by Vote

Vote1 - POLITICAL OFFICE

32,813

1,188

26,086

32,813

6 727

79%

32,813

MAYOR'S OFFICE

15,661

517

11 813

15,661

3 848

75%

15,661

SPEAKER'S OFFICE

17,152

671

14 273

17,152

2 879

83%

17,152

Vote2 - MUNICIPAL MANAGER'S OFFICE

42,915

4 296

44 524

42,915

(1 609)

104%

42,915

ADMINISTRATION(MM)

1,833

(144)

1 453

1,833

379

79%

1,833

INTERNAL AUDIT

4,427

162

3 791

4,427

636

86%

4,427

CHIEF OPERATING OFFICER

2,634

320

1 949

2,634

685

74%

2,634

PROJECT MANAGEMENT UNIT

2,219

211

1 984

2,219

234

89%

2,219

IDP & PERFORMANCE MANAGEMENT

2,451

170

2 161

2,451

290

88%

2,451

INFORMATION MANAGEMENT

29,331

3 509

32 491

29,331

(3 160)

111%

29,331

MONITORING & EVALUATION

21

68

695

21

(674)

3347%

21

Vote3 - CORPORATE SUPPORT SERVICES

69,408

4 348

69 250

69,408

158

100%

69,408

ADMINISTRATION(EM)

5,001

182

6 572

5,001

(1 571)

131%

5,001

LEGAL SERVICES

15,103

1 211

14 497

15,103

606

96%

15,103

INTERGOVERMENTAL & CORPORATE ADMIN

22,661

1 534

22 784

22,661

(123)

101%

22,661

MARKETING & COMMUNICATION

11,387

713

15 250

11,387

5

100%

11,387

HUMAN CAPITAL MANAGEMENT

15,255

707

10 147

15,255

1 240

89%

15,255

Vote4 - FINANCIAL SERVICES

117,511

9 092

129 233

117,511

(11 722)

110%

117,511

ADMINISTRATION(CFO)

6,812

494

6 528

6,812

284

96%

6,812

VALUATIONS

3,131

229

2 985

3,131

147

95%

3,131

REVENUE

44,214

2 580

46 060

44,214

(1 846)

104%

44,214

CREDIT CONTROL

25,462

5 486

33 482

25,462

(8 021)

132%

25,462

CREDITORS

11,229

2 461

12 412

11,229

(1 183)

111%

11,229

SUPPLY CHAIN MANAGEMENT

10,005

1 170

11 980

10,005

(1 976)

120%

10,005

BUDGET & TREASURY

16,658

(3 327)

15 786

16,658

873

95%

16,658

Vote5 - SOCIAL SERVICES

157,029

18 376

171 483

157,029

(14 453)

109%

157,029

ADMINISTRATION(EM)

4,054

323

4 143

4,054

(89)

102%

4,054

SOCIAL UPLIFTMENT

18,158

1 305

17 901

18,158

257

99%

18,158

CLINICS

407

11

215

407

192

53%

407

SPORTS,RECREATION,LIBRARIES,HERITAGE & MUSEUM

45,436

3 609

43 614

45,436

1 822

96%

45,436

LICENCES

12,723

914

11 576

12,723

1 147

91%

12,723

PUBLIC SAFETY

76,252

12 214

94 034

76,252

(17 783)

123%

76,252

Vote6 - INTEGRATED ENVIRONMENTAL MANAGEMENT

155,889

15 535

154 768

155,889

1 121

99%

155,889

ADMINISTRATION(EM)

2,171

111

2 068

2,171

103

95%

2,171

ENIVORNMENTAL MANAGEMENT

12,916

1 017

12 663

12,916

253

98%

12,916

MUNICIPAL HEALTH

93,529

10 941

94 707

93,529

(1 178)

101%

93,529

PARKS MANAGEMENT

47,273

3 467

45 330

47,273

1 943

96%

47,273

Vote7 - ECONOMIC SERVICES

39,777

2 803

35 166

39,777

4 612

88%

39,777

DEVELOPMENT & PLANNING

15