n Local Government Bulletin - Making headlines
|Article Title||Making headlines|
|© Publisher:||Dullah Omar Institute|
|Journal||Local Government Bulletin|
|Publication Date||Nov 2005|
Extracted from text ... LOCAL GOVERNMENT BULLETIN 16 Making headlines Millions unspent in struggling municipalities Local authorities have been struggling to spend their capital budget, according to a report in Business Day on 5 September 2005. Municipal budgets totalled R101 billion in the 2004-05 fiscal year, with the capital budget dwarfed by the combined operating budget of R84 billion. Only R17 billion is allocated to capital projects. Salaries take up the largest chunk of the operating budget, accounting for 30% (R25 billion). The figures show the average pay packet for a senior municipal manager is R419 979, with the average highest in Gauteng (R530 ..
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