When the City's new 2010/11 budget comes into effect on 01 July 2010, it will bring further relief for many residents who have been struggling financially, but did not necessarily qualify to register as indigent residents with the City before. The City's 2010/11 budget of R23 billion, which was approved by Council on 25 May, focuses on stimulating growth and job creation, as well as providing more assistance to those Capetonians most in need. A total of R1,1 billion of the City's R23 … [Read more...]
City Starts Budget Preparations
21 February, 2010 By Leave a Comment
The City of Cape Town has started the process of preparing its budget for the 2010-2011 financial year, in which it will attempt to find a balance between moderating tariff increases and ensuring that services are adequately provided, while at the same time continuing the goal of infrastructure-led economic growth. [ad#Google Adsense 125x125 Blog Post]The draft Budget will be tabled in Council at the end of March, and will then go through a public comment process before it is adopted by … [Read more...]
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