Joburg council · Wednesday, 28 May 2025 · 1 h 57 min

Budget Speech

The MMC for Finance, Cllr Arnolds, delivered the City's 2025/26 budget speech after the Executive Mayor delegated it to her; no vote was taken, with the debate and four budget items set for 29 May at midday. She presented operating revenue of R84.8 billion, operating expenditure of R80.7 billion, a projected surplus of R4.1 billion, a capital budget of R8.7 billion and a total budget of R89.4 billion. She said the budget is fully funded and that Johannesburg is not bankrupt, setting a collection rate target of 88.5% with a stretch target of 90%.

22 chapters · 21 promises · 5 decisions

AI draft summary (claude-opus-5-5) of the City's livestream, checked against the chapters, not yet reviewed by a person.