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Welcome to the budget website

The City of Cape Town's budget reflects its key policy decisions and priorities, determines rates increases and indicates where money will be spent on programmes and services.

This website gives you access to the City’s original and adjusted budgets. 

Update: Draft budget 2016-17 now available

Budget basics

What is a budget?

A budget is a list of all planned expenses and revenues. It is an organisational plan stated in monetary terms. Its purpose is to provide a forecast of revenues and expenditures and enable the actual financial operation of the City to be measured against the forecast.

How much is the City's budget?

The City of Cape Town has a budget of R38,2 billion for the 2015/16 financial year.
The financial year begins on 1 July. The budget is divided into an operating budget and a capital budget. The bulk of the capital budget is dedicated to spending money on core infrastructural services for water, sanitation, electricity, solid waste, human settlements, transport, roads and stormwater projects.

Where does the City's revenue come from?

The City collects revenue from various sources. To maintain sustainable service delivery, we have to ensure sustainable revenue streams from our revenue generating services.

Property Rates and Service Charges are important sources of income of the City’s revenue basket. Other sources include tariffs charged for water and sanitation, electricity and solid waste management, as well as other revenue veins such as investment income and National and Provincial grants.

What does the City spend its revenue on?

The City spends its revenue inter alia on the following:

  • Water, electricity, sanitation and refuse removal
  • Transport and traffic services
  • Security in the form of Metro police and law enforcement
  • Repairs and maintenance to infrastructure and facilities
  • Provision of housing opportunities
  • Relief for the poor in the form of rebates
  • Fire and emergency services
  • Parks
  • Library services
  • Sport and recreation
  • Construction of Early Childhood Development Centres
  • Social Development and Early Childhood Development programmes
  • Wi-Fi (Broadband) access to under-serviced communities
  • Primary Health-care and Environmental Health-care


What state are Cape Town’s finances in? 

The City of Cape Town’s finances are well managed: in 2014 the City received its eleventh unqualified audit from the Auditor-General. In addition, Moody’s International, a global ratings agency, confirmed the City of Cape Town’s rating of A1.za.


How can residents be involved in the budget process?

The City encourages public participation in the budgetary process. A draft budget can be viewed at all City public libraries and is open to comment after it is tabled at Council in March each year. Once the deadline for comments has been met, amendments are considered and the final budget is approved by Council at the end of May each year. New rates and tariffs are implemented at the start of the new financial year, being 1 July.

 

 

 

© City of Cape Town, 2016