Annexure A: In-year report (April 2015)
Contents
PART 1 - IN-YEAR REPORT: PARENT MUNICIPALITY ................................................................... 3
EXECUTIVE SUMMARY .............................................................................................................. 3
Summary Statement of Financial Performance ............................................................................. 3
Summary Statement of Capital Budget Performance .................................................................... 3
Table C1: Monthly budget statement summary ............................................................................ 4
Table C2: Monthly Budget Statement - Financial Performance (standard classification) .............. 5
Table C3: Monthly Budget Statement – Financial Performance (revenue and expenditure by
municipal vote) ............................................................................................................................. 7
Material variance explanations for revenue by vote (refer Table C3)............................................. 8
Material variance explanations for expenditure by vote (refer Table C3) ..................................... 11
Table C4: Monthly Budget Statement – Financial Performance (revenue by source and
expenditure by type) ................................................................................................................... 14
Material variance explanations for revenue by source (refer Table C4) ....................................... 15
Material variance explanations for expenditure by type (refer Table C4) ..................................... 18
Table C5: Monthly Budget Statement - Capital Expenditure (municipal vote, standard
classification and funding)........................................................................................................... 19
Material variance explanations for capital expenditure (refer Table C5) ...................................... 20
Table C6: Monthly Budget Statement - Financial Position........................................................... 24
Table C7: Monthly Budget Statement - Cash Flow...................................................................... 26
Table SC9: Monthly Budget Statement - Actual and revised targets for cash receipts and cash
flows
..................................................................................................................................... 28
PART 2 - SUPPORTING DOCUMENTATION: PARENT MUNICIPALITY ....................................... 30
Debtors analysis ......................................................................................................................... 30
Investment portfolio analysis ....................................................................................................... 32
Allocation and grant receipts and expenditure............................................................................. 34
Expenditure on councillor and board members allowances and employee benefits .......................... 36
Capital programme performance................................................................................................. 38
PART 3 – CONSOLIDATED IN-YEAR REPORT .............................................................................. 43
Consolidated Monthly Budget Statement Summary .................................................................... 43
Consolidated Monthly Budget Statement – Financial Performance (revenue and expenditure)... 44
Consolidated Monthly Budget Statement – Financial Position..................................................... 45
Consolidated Monthly Budget Statement – Cash Flow ............................................................... 46
1
Annexure A: In-year report (April 2015)
PART 4 – IN-YEAR REPORT:
MUNICIPAL ENTITY (CAPE TOWN INTERNATIONAL
CONVENTION CENTRE – (CTICC)) ................................................................................................. 47
Executive Summary .................................................................................................................... 47
Table F1 Monthly Budget Statement Summary........................................................................... 47
Table F2 Monthly Budget Statement – Financial Performance (revenue and expenditure) ......... 48
Table F3 Monthly Budget Statement – Capital expenditure ........................................................ 49
Table F4 Monthly Budget Statement – Financial Position ........................................................... 50
Table F5 Monthly Budget Statement – Cash Flow ...................................................................... 51
PART 5 - SUPPORTING DOCUMENTATION: ENTITY ................................................................... 52
Table SF1 Entity Material variance explanation .......................................................................... 52
Table SF3 Entity Aged debtors ................................................................................................... 52
Table SF4 Entity Aged creditors ................................................................................................. 52
Table SF5 Entity investment portfolio monthly statement ............................................................ 53
Table SF6 Entity Board member allowances & staff benefits ...................................................... 54
Table SF7 Entity monthly actuals & revised targets ................................................................... 55
MUNICIPAL MANAGER'S QUALITY CERTIFICATION .................................................................... 56
2
Annexure A: In-year report (April 2015)
PART 1 - IN-YEAR REPORT: PARENT MUNICIPALITY
EXECUTIVE SUMMARY
Summary Statement of Financial Performance
Description
2014/2015
Budget
R Thousand
YTD Budget
R Thousand
YTD Actual
R Thousand
YTD
% Spend
Actual as % of
Current
Budget
Operating Revenue
32,249,282
25,865,242
26,118,297
101.0%
81.0%
Operating Expenditure
29,330,615
22,136,111
21,365,177
96.5%
72.8%
The summary statement of financial performance indicates actual operating revenue
realised of R26 119 million or 81.0% of the current budget and operating expenditure of
R21 365 million or 72.8% of the current budget.
Details of revenue and expenditure by municipal vote are shown in Table C3 on page 7.
Details of material variances and remedial action, where applicable, are shown on page 8
to page 13.
Detail of revenue by source and expenditure by type is shown in Table C4 on page 14.
Detail of material variances and remedial action, where applicable, is shown on page 15 to
page 18.
Summary Statement of Capital Budget Performance
2014/15 Budget
R Thousand
6,128,220
YTD Budget
R Thousand
3,387,289
YTD Actual
R Thousand
2,946,283
YTD
% Spend
Actual as % of
Current Budget
87.0%
48.1%
The year to date spend of R2 946 million represents 50.86% (R1 499 million) on internallyfunded projects and 45.50% (R1 447 million) on externally-funded projects.
Details of capital expenditure are shown in Table C5 on page 19 and is categorised by
municipal vote, standard classification and by funding source. Details of material variances
and remedial action, where applicable, are shown on page 20 to 22.
3
Annexure A: In-year report (April 2015)
Table C1: Monthly budget statement summary
The table below provides a high-level summation of the City’s operating- and capital
budgets, actuals to date, financial position and cash flow.
Budget Year 2014/15
2013/14
Description
Audited
Original
Adjusted
YearTD
YearTD
YTD
YTD
Full Year
Outcome
Budget
Budget
actual
budget
variance
variance
Forecast
R thousands
%
Financial Performance
Property rates
Service charges
Investment revenue
Transfers recognised - operational
Other own revenue
5,546,774
5,942,513
5,964,279
4,997,325
4,793,134
204,191
4.3%
5,964,279
13,903,679
15,262,264
15,184,641
12,675,805
12,585,798
90,007
0.7%
15,184,641
461,053
275,762
275,762
442,944
273,994
168,950
61.7%
275,762
2,399,033
3,498,169
3,518,129
2,495,635
2,757,127
(261,493)
-9.5%
3,518,129
3,751,219
3,392,277
4,125,803
4,054,463
3,694,862
359,601
9.7%
4,125,803
26,061,758
28,370,984
29,068,614
24,666,172
24,104,915
561,256
2.3%
29,068,614
Employee costs
Remuneration of Councillors
8,640,854
119,709
8,940,483
133,619
8,804,911
133,619
7,239,978
101,324
7,367,186
106,861
(127,208)
(5,537)
-1.7%
-5.2%
8,804,911
133,619
Depreciation & asset impairment
1,784,970
2,154,335
2,014,841
1,575,589
1,659,092
(83,503)
-5.0%
2,014,841
Finance charges
Materials and bulk purchases
807,283
6,890,385
919,232
7,437,129
912,241
7,438,102
623,499
5,548,708
623,697
5,540,038
(199)
8,670
-0.0%
0.2%
912,241
7,438,102
Total Revenue (excluding capital transfers and
contributions)
Transfers and grants
Other expenditure
Total Expenditure
Surplus/(Deficit)
Transfers recognised - capital
Contributions & Contributed assets
Surplus/(Deficit) after capital transfers &
contributions
Share of surplus/ (deficit) of associate
115,021
125,354
140,900
122,059
124,225
(2,166)
-1.7%
140,900
8,173,227
26,531,448
8,945,218
28,655,369
9,886,001
29,330,615
6,154,020
21,365,177
6,715,012
22,136,111
(560,992)
(770,934)
-8.4%
-3.5%
9,886,001
29,330,615
(469,690)
(284,384)
(262,001)
3,300,994
1,968,804
1,332,190
67.7%
(262,001)
2,052,758
76,408
2,817,627
65,226
3,128,658
52,010
1,409,312
42,814
1,721,025
39,302
(311,713)
3,512
-18.1%
8.9%
3,128,658
52,010
1,659,476
2,598,469
2,918,667
4,753,119
3,729,131
1,023,989
27.5%
2,918,667
–
–
–
–
Surplus/ (Deficit) for the year
1,659,476
2,598,469
2,918,667
4,753,119
3,729,131
–
1,023,989
–
Capital expenditure & funds sources
Capital expenditure
-
–
27.5%
2,918,667
4,502,293
6,211,315
6,128,220
2,946,283
3,387,289
(441,006)
-13.0%
5,910,881
Capital transfers recognised
2,053,319
2,809,834
3,129,946
1,409,330
1,720,194
(310,864)
-18.1%
3,024,246
Public contributions & donations
Borrowing
44,022
1,856,889
73,019
2,350,301
50,723
2,277,157
37,852
1,188,014
38,659
1,293,617
(807)
(105,603)
-2.1%
-8.2%
50,223
2,211,217
Internally generated funds
Total sources of capital funds
Financial position
Total current assets
548,064
978,161
670,395
311,087
334,818
(23,732)
-7.1%
625,195
4,502,293
6,211,315
6,128,220
2,946,283
3,387,289
(441,006)
-13.0%
5,910,881
9,904,353
10,530,544
10,897,328
15,043,508
10,897,328
34,817,677
37,639,154
37,230,934
32,923,597
37,230,934
8,155,257
7,321,815
7,179,861
6,387,764
7,179,861
Total non current liabilities
12,450,101
13,001,051
13,881,057
12,737,695
13,881,057
Community wealth/Equity
Cash flows
24,116,672
27,846,832
27,067,345
28,841,646
27,067,345
Total non current assets
Total current liabilities
Net cash from (used) operating
4,515,574
5,618,991
5,297,911
4,860,767
5,007,983
147,216
2.9%
5,297,911
Net cash from (used) investing
Net cash from (used) financing
(6,089,508)
(283,067)
(6,478,138)
1,224,051
(7,101,516)
1,224,443
(3,055,716)
(241,258)
(3,641,121)
(241,258)
(585,406)
–
16.1%
(7,101,516)
1,224,443
6,242,365
6,968,574
5,663,526
7,806,480
7,368,291
Cash/cash equivalents at the month/year end
5,663,526
The ensuing tables provide further explanations on the year-to-date material variances
reflected in the summary table.
4
Annexure A: In-year report (April 2015)
Table C2:
Monthly Budget Statement
classification)
- Financial Performance (standard
The table below is an overview of the budgeted financial performance in relation to
revenue and expenditure per standard classification.
2013/14
Description
Budget Year 2014/15
Audited
Original
Adjusted
Outcome
Budget
Budget
YTD actual
YTD budget YTD variance YTD variance
R thousands
Revenue - Standard
Governance and administration
Executive and council
Budget and treasury office
Corporate services
Community and public safety
Community and social services
Sport and recreation
Public safety
Housing
Health
Economic and environmental services
Planning and development
Full Year
Forecast
%
9,725,371
10,461,359
10,476,969
9,441,147
9,071,273
369,874
4.1%
222,571
272,595
294,393
185,186
227,745
(42,558)
-18.7%
294,393
9,325,485
177,315
9,890,543
298,221
9,896,230
286,346
9,069,355
186,605
8,684,639
158,889
384,717
27,716
4.4%
17.4%
9,896,230
286,346
2,371,841
83,749
2,845,189
136,417
3,474,835
115,949
2,404,864
90,832
2,272,591
90,156
132,273
677
5.8%
0.8%
3,474,835
115,949
139,688
119,466
111,341
70,159
77,623
(7,465)
-9.6%
111,341
803,168
1,132,956
231,113
2,102,760
997,603
1,994,838
1,123,821
919,359
818,987
1,080,207
304,834
(160,848)
37.2%
-14.9%
997,603
1,994,838
212,279
1,702,432
255,433
2,182,482
255,104
2,600,884
200,693
1,320,012
205,618
1,649,882
(4,926)
(329,870)
-2.4%
-20.0%
255,104
2,600,884
244,648
314,250
255,149
208,435
200,085
8,351
1,451,044
6,740
1,848,563
19,669
2,317,644
28,091
1,089,445
22,131
1,426,848
22,949
(337,402)
(818)
-23.6%
-3.6%
2,317,644
28,091
14,390,251
9,688,895
15,761,551
10,374,795
15,691,336
10,494,997
12,950,255
8,514,486
12,869,229
8,527,285
81,026
(12,799)
0.6%
-0.2%
15,691,336
10,494,997
Water
2,332,377
2,688,261
2,625,262
2,264,622
2,204,187
60,434
2.7%
2,625,262
Waste water management
Waste management
1,375,489
993,490
1,640,951
1,057,543
1,532,534
1,038,543
1,290,195
880,953
1,263,971
873,786
26,224
7,166
2.1%
0.8%
1,532,534
1,038,543
1,030
28,190,924
3,258
31,253,838
5,258
32,249,282
2,019
26,118,297
2,267
25,865,242
(248)
253,055
-11.0%
1.0%
5,258
32,249,282
Road transport
Environmental protection
Trading services
Electricity
Other
Total Revenue - Standard
Expenditure - Standard
Governance and administration
4.2%
10,476,969
255,149
6,101,339
5,450,165
5,536,096
4,155,156
4,245,670
(90,514)
-2.1%
5,536,096
Executive and council
Budget and treasury office
868,121
3,362,374
818,634
2,506,777
886,680
2,508,577
638,415
1,930,661
687,286
1,949,189
(48,872)
(18,527)
-7.1%
-1.0%
886,680
2,508,577
Corporate services
1,870,844
2,124,754
2,140,838
1,586,080
1,609,195
(23,115)
-1.4%
2,140,838
5,338,007
469,116
6,155,784
508,334
6,509,595
525,379
4,225,024
418,090
4,552,057
432,182
(327,033)
(14,092)
-7.2%
-3.3%
6,509,595
525,379
Sport and recreation
1,242,113
1,315,435
1,330,802
995,917
1,063,641
(67,724)
-6.4%
1,330,802
Public safety
Housing
1,852,966
1,034,934
1,587,110
1,892,239
2,360,646
1,439,120
1,291,770
829,047
1,331,032
1,010,287
(39,262)
(181,240)
-2.9%
-17.9%
2,360,646
1,439,120
738,879
2,779,445
852,667
3,107,880
853,647
3,464,193
690,200
2,487,704
714,915
2,656,480
(24,715)
(168,775)
-3.5%
-6.4%
853,647
3,464,193
Community and public safety
Community and social services
Health
Economic and environmental services
Planning and development
Road transport
Environmental protection
620,738
720,507
711,556
562,404
574,462
(12,058)
-2.1%
711,556
2,068,358
2,291,386
2,646,137
1,840,253
1,995,188
(154,935)
-7.8%
2,646,137
90,348
95,987
106,500
85,047
86,830
(1,782)
-2.1%
106,500
12,259,142
13,877,328
13,759,189
10,442,786
10,627,734
(184,948)
-1.7%
13,759,189
Electricity
7,677,729
8,621,654
8,530,493
6,363,636
6,386,862
(23,226)
-0.4%
8,530,493
Water
1,995,569
2,295,850
2,228,616
1,785,784
1,825,034
(39,251)
-2.2%
2,228,616
Waste water management
Waste management
1,115,782
1,470,061
1,274,995
1,684,829
1,287,384
1,712,697
948,512
1,344,854
1,004,378
1,411,460
(55,866)
(66,605)
-5.6%
-4.7%
1,287,384
1,712,697
Other
Total Expenditure - Standard
53,516
26,531,448
64,212
28,655,369
61,542
29,330,615
54,507
21,365,177
54,171
22,136,111
336
(770,934)
0.6%
-3.5%
61,542
29,330,615
Surplus/ (Deficit) for the year
1,659,476
2,598,469
2,918,667
4,753,119
3,729,131
1,023,989
27.5%
2,918,667
Trading services
Note: As per GFS classification, Trading Services expenditure above excludes Street Lighting provisions
(included with Community and public safety).
5
Annexure A: In-year report (April 2015)
The graphs below illustrate the revenue and expenditure trend per month.
OPERATING REVENUE 2014/2015
PROGRESSIVE BUDGET vs ACTUAL
26,000
YTD Budget
YTD Actual
24,000
22,000
20,000
Millions
18,000
16,000
14,000
12,000
10,000
8,000
6,000
4,000
2,000
June
May
April
March
February
January
December
November
October
September
July
August
0
OPERATING EXPENDITURE 2014/2015
PROGRESSIVE BUDGET vs ACTUAL
22,000
YTD Budget
YTD Actual
20,000
18,000
16,000
Millions
14,000
12,000
10,000
8,000
6,000
4,000
2,000
6
June
May
April
March
February
January
December
November
October
September
August
July
0
Annexure A: In-year report (April 2015)
Table C3: Monthly Budget Statement – Financial Performance (revenue and
expenditure by municipal vote)
The table below shows budgeted financial performance in relation to the revenue and
expenditure by vote as well as the operating surplus or deficit.
2013/14
Vote Description
Audited
Outcome
Budget Year 2014/15
Original
Budget
Adjusted
Budget
YTD actual
YTD budget
YTD
variance
R thousands
YTD variance
Full Year
Forecast
%
Revenue by Vote
Vote 1 - City Health
Vote 2 - City Manager
Vote 3 - Community Services
Vote 4 - Compliance & Auxiliary Services
432,226
490,743
490,414
356,602
400,659
(44,057)
-11.0%
235
45
355
1,460
107
1,353
1268.4%
161,377
238,588
209,758
146,483
153,926
(7,443)
-4.8%
490,414
355
209,758
2,127
4,167
9,323
5,830
3,326
2,504
75.3%
9,323
64,914
72,689
60,347
40,131
36,896
3,235
8.8%
60,347
Vote 6 - Energy, Environmental & Spatial Planning
125,492
195,712
141,761
106,340
105,115
1,225
1.2%
141,761
Vote 7 - Finance
895,275
785,016
796,516
843,314
642,205
201,109
31.3%
796,516
Vote 8 - Human Settlements
1,132,902
2,102,760
1,994,838
919,359
1,080,207
(160,847)
-14.9%
1,994,838
Vote 9 - Rates & Other
8,660,739
9,457,542
9,456,145
8,484,442
8,274,860
209,581
2.5%
9,456,145
836,091
254,301
1,021,412
1,150,934
845,201
305,734
36.2%
1,021,412
Vote 11 - Social Dev & Early Childhood Development
2,164
7,912
11,019
6,670
3,458
3,213
92.9%
11,019
Vote 12 - Tourism, Events & Economic Development
67,690
26,499
28,526
22,318
20,780
1,538
7.4%
1,414,827
1,845,324
2,327,055
1,081,712
1,426,968
(345,255)
-24.2%
2,327,055
14,394,865
15,772,541
15,701,814
12,952,701
12,871,535
81,166
0.6%
15,701,814
28,190,924
31,253,838
32,249,282
26,118,297
25,865,242
253,055
1.0%
32,249,282
Vote 1 - City Health
784,947
907,929
904,656
727,618
757,086
(29,469)
-3.9%
904,656
Vote 2 - City Manager
131,152
174,999
204,870
149,086
142,789
6,297
4.4%
204,870
1,371,054
1,507,629
1,533,066
1,154,598
1,228,679
(74,081)
-6.0%
1,533,066
Vote 5 - Corporate Services
Vote 10 - Safety & Security
Vote 13 - Transport for Cape Town
Vote 14 - Utility Services
Total Revenue by Vote
28,526
Expenditure by Vote
Vote 3 - Community Services
Vote 4 - Compliance & Auxiliary Services
Vote 5 - Corporate Services
Vote 6 - Energy, Environmental & Spatial Planning
450,726
509,929
516,109
404,702
417,505
(12,803)
-3.1%
516,109
1,493,422
1,661,637
1,669,672
1,256,321
1,277,403
(21,082)
-1.7%
1,669,672
457,049
522,794
521,822
407,998
419,639
(11,640)
-2.8%
521,822
Vote 7 - Finance
1,821,734
2,022,344
2,029,153
1,493,657
1,506,767
(13,111)
-0.9%
2,029,153
Vote 8 - Human Settlements
1,023,863
1,879,586
1,430,408
822,547
1,003,014
(180,467)
-18.0%
1,430,408
Vote 9 - Rates & Other
1,861,654
902,820
900,620
740,007
750,528
(10,520)
-1.4%
900,620
Vote 10 - Safety & Security
1,901,498
1,641,626
2,433,789
1,330,472
1,394,865
(64,393)
-4.6%
2,433,789
Vote 11 - Social Dev & Early Childhood Development
115,219
159,068
143,060
104,234
105,047
(813)
-0.8%
143,060
Vote 12 - Tourism, Events & Economic Development
573,043
536,519
547,016
441,598
445,905
(4,306)
-1.0%
547,016
2,198,334
2,232,622
2,624,013
1,799,371
1,965,308
(165,937)
-8.4%
2,624,013
12,347,754
13,995,866
13,872,362
10,532,969
10,721,575
(188,607)
-1.8%
13,872,362
26,531,448
28,655,369
29,330,615
21,365,177
22,136,111
(770,934)
-3.5%
29,330,615
1,659,476
2,598,469
2,918,667
4,753,119
3,729,131
1,023,988
27.5%
2,918,667
Vote 13 - Transport for Cape Town
Vote 14 - Utility Services
Total Expenditure by Vote
Surplus/ (Deficit) for the year
Note: the above table includes capital grant and donations (CGD).
Annexure B reflects actual operating expenditure per vote including internal costs
incurred across votes. (Refer to charge-in and –out columns.)
The following tables reflect the percentage variance for revenue and expenditure by vote,
reasons for material deviations and the remedial action thereof, where required.
7
Annexure A: In-year report (April 2015)
Material variance explanations for revenue by vote (refer Table C3)
Description
Revenue by Vote
Vote 1 - City Health
Vote 2 - City Manager
YTD
Variance
R
(44,057)
Variance
%
-11.0%
1,353
1268.4%
(7,443)
-4.8%
Vote 4 - Compliance &
Auxiliary Services
2,504
75.3%
Vote 5 - Corporate
Services
3,235
8.8%
Vote 3 - Community
Services
Table continues on next page.
8
Reasons for material deviations
Remedial or corrective steps/remarks
The under-recovery is mainly on (1) Application Fees, which relates to the lower than
anticipated number of applications received for extended liquor trading hours and (2)
Operating Grants & Donations, due to unpaid comprehensive health claims for January to
March submitted to the Provincial Health department.
The over-recovery is the result of interest allocated to unspent grant funding received in prior
years.
The under-recovery reflects on:
1. Capital grant-funded projects:
(a) City Parks - Maitland Cemetery Cremators: All attempts at obtaining contract insurance
failed. City Parks sent a counter proposal to the US Cremation Equipment company to provide
an irrevocable Letter of Credit and accept the terms of 100% payment on installation
completion, handover of cremators.
(b) Library & Information Systems - New Regional Library in Kuyasa: Project is multi-funded.
Delays experienced with delivery of certain items, installation of roof covering around the tower
as well as the electrical and plumbing second fix, which comprise visible thus high value
fittings resulted in the under expenditure on the project. Works originally estimated for
completion or bulk installation after the June 2015 financial year-end, has been accelerated
and is scheduled for completion before end June 2015. Practical completion will be reached
by 02 September 2015.
(c) 1 Occupational Health & Safety project was not completed by end April as planned due to
electrical upgrade taking longer than anticipated. The contractor for the Alterations to Hangberg
Library Disability Access project is on site and proceeding with work. Low value work
completed thus far resulting in claims being less than anticipated.
2. Hire/Rentals, due to a lower than planned usage of facilities by consumers.
3. Licences/permits, due to less licences/permits issued than planned to date.
(1) Applications for extended liquor trading hours are monitored and are
expected to improve towards June 2015.
(2) The claims submitted will only be paid in May 2015.
The over-recovery is mainly due to higher than anticipated recovery of legal fees in various
court cases of which the outcome was in favour of the City and which was not planned for.
Delays in the appointment of a manager and staff for the Ethics Unit further contributed to this
variance.
No corrective action is required. The outcome of the court cases was not
anticipated and could not be foreseen.
The grant funding was reviewed and a portion was re-allocated to fund
VIP Unit related costs.
The variance largely consist of under-/over-recovery.
The over-recovery is mainly due to higher than planned revenue received from the sale of
assets and radio trunking services. The under-recovery reflects against the Broadband
capital grant-funded project and is due to a delay from the PGWC to identify buildings to be
connected in this financial year
No corrective action is required at this stage and the situation is
monitored.
No corrective action required.
1. Departments are addressing implementation challenges in order to
ensure that capital projects are completed and the budget
implementation target is achieved.
2. Usage of facilities is demand driven and cannot be determined
accurately.
3. The issue of licences/permits are demand driven and cannot be
determined accurately.
Annexure A: In-year report (April 2015)
Description
Revenue by Vote
Vote 6 - Energy,
Environmental & Spatial
Planning
YTD
Variance
R
Variance
%
1,225
1.2%
Vote 7 - Finance
201,109
31.3%
Vote 8 - Human
Settlements
(160,847)
-14.9%
Vote 9 - Rates & Other
209,581
2.5%
Vote 10 - Safety &
Security
305,734
36.2%
Table continues on next page.
9
Reasons for material deviations
Remedial or corrective steps/remarks
The variance largely consist of under-/over-recovery within various categories.
1. Building Levies (over), due to the higher than planned number of plans submitted.
2. By-product Sales (over), as a result of sale of timber at Helderberg Nature Reserve not
planned for.
3. Operating grant-funded projects (under), where (a) progress is on Spatial Planning ICDG
projects (Development of a plan for Metro South East Integrated Zone and Bellville Central
Area) is slower than planned and (b) expenditure was booked on a cost centre instead of
directly to the Alien Vegetation Clearing project.
The over-recovery is mainly on:
1. Interest Earned on External Investments, due to higher than expected interest received
resulting from higher than planned cash balances and investments.
2. Higher than anticipated revenue on Agency Income, due to the higher number of licence
renewals and new tariffs since July 2014.
3. Higher than anticipated revenue on CIDS-Levies, due to additional new developments and
supplementary valuations adjustments.
4. Higher than planned revenue on Miscellaneous Income, where a once-off payment was
received from the Pension Fund, which was not planned for.
5. Higher than planned rental Income, as a result of improved debt management actions
implemented.
6. Higher than planned revenue from the Sale of Assets to date.
The variance largely consist of under-/over-recovery within various categories.
1. Rental Agreement revenue (under), due to rental units being transferred to tenants.
2. Capital grant-funding (National - conditional) (under), due to (a) delays in the appointment of
project managers funded from USDG grant, (b) posts funded from Capacity Grant, which have
not been filled, due to uncertainty around payment of the grant and (c) underspending on PHP
and other projects which are at different stages of completion due to the influence of
community actions and gangsterism.
3. Capital grant-funded projects (over), where Urbanisation projects are progressing faster
than planned to date.
The over-recovery is on:
1. Property Rates, due to the misalignment of the periodic budget provisions versus the actual
billings as the number of days billed per month differs from month to month. This overrecovery covers the impact of valuation objections and appeals, which might result in a
reduction of the rates billed in current/previous financial years.
2. Income Forgone, which is linked to the number of applications received and processed to
date.
The over-recovery is mainly on:
1. Traffic Fines, as a result of stricter law enforcement, which in turn resulted in an increase in
the number of enforcement contraventions identified. This led to more fines issued and paid
during the period.
2. Fire Fees, where revenue is dependent on the amount of fires extinguished within the City.
The increase is due to an increase in fire related calls.
3. Impoundment Fees for cellphones, vehicles and hawker goods, due to stricter law
enforcement resulting in more revenue received than planned.
1. No corrective action required.
2. Periodic budget provisions will be adjusted where possible.
3. Funding will be rolled over to 2015/16 as all work will not be completed
in this financial year. Reposting of expenditure will be done to reflect on
project as required.
No corrective action is required.
The Sale of Assets category is closely monitored with special emphasis
on the Velodrome Sale, which has not yet been finalised.
The situation is monitored by the finance manager and adjustments will
be made to period budget provisions where possible.
No corrective actions are required.
No corrective action is required.
Annexure A: In-year report (April 2015)
Description
Revenue by Vote
Vote 11 - Social Dev &
Early Childhood
Development
Vote 12 - Tourism,
Events & Economic
Development
Vote 13 - Transport for
Cape Town
Vote 14 - Utility Services
10
YTD
Variance
R
Variance
%
3,213
92.9%
1,538
7.4%
(345,255)
81,166
-24.2%
0.6%
Reasons for material deviations
Remedial or corrective steps/remarks
The over-recovery is mainly on Capital-Contributed Assets, due to the donation of the
Fisantekraal ECD Centre to the City.
No corrective action is required.
The variance largely consist of under-/over-recovery within various categories.
1. Hire/Rental Income (over), due to higher than planned number of events held at Cape Town
Stadium.
2. Capital Grants (over), due to the donation of Artworks on Riebeeck Square to the City, which
was not budgeted for.
3. Informal Trading Levy Income (over), due to implementation of the e-permitting systems and
approval of additional trading bays at informal markets.
4. Filming Fees (under), due to revenue now recovered directly by the respective City
departments involved with film shoots.
1. Operating grant-funded projects (under), mainly due decreased professional fees and
contracted services for the MyCiTi Station Management as a result of reduction in operating
hours of some MyCiTi stations, delays in the hand over of 3 stations to operators and delays
with the award of tenders for the Comprehensive Integrated Transport Plan (CITP).
2. Bus Fares (over), due to the roll-out of additional routes particularly the N2 Expressway as
well as the increase in the number of passengers making use of services.
3. Capital grant-funded projects (under), due to the IRT Ph2A Project programme that had to be
revised as a result of the significant delay in completion of the Integrated Public Transport
Network (IPTN) plan project and delays with EIA approvals, community and labour issues on
other projects.
4. Development Levy Income (over), where higher than planned revenue was received.
The variance largely consist of under-/over-recovery within various categories.
A) Cape Town Electricity
1. Electricity Service Charges (R26.8 million under), which is influenced by consumer demand
and the impact of load shedding resulting in lower than planned sale of electricity to date.
2. Salvaged Items (over), due to higher than planned revenue received to date.
3. Recoveries of Infrastructure Maintenance work (over), due to a higher number of jobs
executed than planned.
B) Water and Sanitation
1. Water Service Charges Revenue (R52.4 million over) and Sanitation Service Charges
Revenue (R20.3 million over), where consumption is influenced by a number of factors, such
as water saving initiatives, tariffs, weather conditions(warmer and drier), consumer demand,
etc.
2. Capital grant-funded projects (USDG) (over), where progress to date is faster than
anticipated.
C) Solid Waste Management
1. Refuse Charges (over), due to the continuous data clean-up process resulting in billing
corrections and more revenue than planned to date
2. Special Waste Fees (under), as a result of a lower than planned demand from consumers
for the service.
3. Sale of Assets (over), where unanticipated revenue was received from the sale of old
vehicles.
The situation is monitored.
1. Further consultation with Webber Wentzel is expected on the MyCiTi
and IRT Business Plan and the tender on CITP will be cancelled and subprojects will go out on RFQ's.
The period budget provisions will be reviewed and adjusted where
possible.
Project managers are striving to implement and complete as many
planned projects before year-end.
A) 1. The sale of electricity is closely monitored on a monthly basis.
B) 1. The monthly volumes and sales are closely monitored by the
finance manager.
C) The situation is closely monitored by the finance manager.
Annexure A: In-year report (April 2015)
Material variance explanations for expenditure by vote (refer Table C3)
Description
Expenditure by Vote
Vote 1 - City Health
Vote 2 - City Manager
YTD
Variance
R thousands
(29,469)
6,297
Variance
%
Reasons for material deviations
Remedial or corrective steps/remarks
-3.9%
The variance is a com bination of under-/over expenditure on various item s .
1. Em ployee-related cos ts (under), due to the turnaround tim e of filling vacancies
(largely externally-funded pos ts ) and s avings realis ed when s taff are appointed at a
lower TCOE than their predeces s or.
2. Contracted Services (under) on various EPWP projects , due to difficulties
experienced in s ourcing s uitable candidates , workers leaving and the late s tart of
various projects . Lower than anticipated cos ts on the re-active com ponent of repairs
and m aintenance (R&M Contracted Services ) further contributed to this variance.
3. Pharm aceutical s upplies (over) and Vaccines (under), due to the nature of this
expenditure, which is dem and driven as goods and s ervices are procured as and
when required.
The recruitm ent proces s and alignm ent of the period budget with the actual
expenditure is on-going.
4.4%
The variance largely cons is ts of under-/over expenditure on various item s .
1. Em ployee-related cos ts (under), due to in filling vacancies , which has been
delayed until the departm ental s tructures for the Trade & inves tm ents departm ent
and SPU departm ent is finalis ed.
2. Mem bers hip Fees (over), due to the earlier than anticipated paym ent of SALGA
m em bers hip fees for the 2015/16 financial year in order to qualify for the early
paym ent dis count.
3. Contracted Services (over), due to recent unplanned partitioning done for the PPM
office, expenditure relating to Race Dialogue concept and procuring of m edia and
advertis ing s pace for m ajor cam paigns of the City.
The recruitm ent proces s and alignm ent of the period budget with the actual
expenditure is on-going. A journal will be proces s ed at year-end iro of the
2015/16 expenditure incurred in the current financial year. Alignm ent of the
period budget with the actual expenditure will be undertaken on Contracted
Services .
Vote 3 - Com m unity
Services
(74,081)
-6.0%
The variance cons is t of under-/over expenditure on various item s .
1. Em ployee-related cos ts (under), due to delays in the appointm ent of s eas onal
s taff.
2. R&M Contracted Services (under), due to the incorrect s ettlem ent of this
expenditure to R&M Plant within the General Expens es category.
3. Security Services & Charges (under), largely due to lower than anticipated
expenditure to date res ulting from s tricter control m eas ures im plem ented to curb
cos ts on s ecurity requirem ents .
The recruitm ent proces s is ongoing, corrective journal entries are being
proces s ed to allocate cos ts to the correct general ledger accounts and
virem ents will be proces s ed to align the period budget with the actual
expenditure.
Vote 4 - Com pliance &
Auxiliary Services
(12,803)
-3.1%
The variance largely cons is t of under-/over expenditure on various item s .
1. Em ployee-related cos ts (under), due to the turnaround tim e in filling vacancies .
2. Contracted Services (under), largely due to lower than anticipated expenditure,
which is linked to dem and.
3. Trans fers and Grants , Legal Fees & Expens es and Public Functions (over), m ainly
due to higher than anticipated expenditure for the period res ulting in the nonalignm ent of the period budget with the actuals to date.
The recruitm ent proces s is ongoing, corrective journal entries are being
proces s ed to allocate cos ts to the correct general ledger accounts and
virem ents will be proces s ed to align the period budget with the actual
expenditure.
Vote 5 - Corporate
Services
(21,082)
-1.7%
The variance largely cons is t of under-/over expenditure on various item s .
1. Em ployee-related cos ts , (under) due to the turnaround tim e in filling vacancies and
the im pact of the internal filling of vacancies .
2. R&M Contracted Services (under), due to various R&M projects /program m e, which
are s lightly behind s chedule.
3. Com puter Services & Software and Training (under), due to lower than anticipated
expenditure incurred to date.
4. Security Services & Charges (over), due to higher than planned expenditure to
date. Security Services is under funded, however, initiatives have been im plem ented
to curb expenditure and the s hortfall has been addres s ed in the 2015/16 budget.
The recruitm ent proces s is ongoing. Departm ents are expediting the
recruitm ent proces s when pos itions becom e vacant with the proces s
com m encing im m ediately.
A further review of the period budget will be undertaken and virem ents will be
proces s ed, where neces s ary, to align the period budget with actual
expenditure. Savings realis ed will be reprioritis ed to fund any projected overexpenditure.
Table continues on next page.
11
Annexure A: In-year report (April 2015)
Description
Expenditure by Vote
Vote 6 - Energy,
Environmental & Spatial
Planning
YTD
Variance
Variance
%
R thousands
Reasons for material deviations
Remedial or corrective steps/remarks
(11,640)
-2.8%
The under expenditure is largely against:
1. Employee related costs, largely due to delays in reposting staff costs on the MURP
project from the Safety Security directorate.
2. Contracted Services (under), due to delays in the reposting of expenditure relating
to Alien Vegetation Clearing projects.
The recruitment process is on-going. Project managers will liaise with
vendors to speed up delivery. Journals were already processed after SAP
month-end to ensure that expenditure is reflected on the correct cost
element.
(13,111)
(180,467)
-0.9%
-18.0%
Immaterial variance
The major contributors to the under expenditure include:
1. Employee related costs, due to the turnaround time in filling vacancies (largely
grant-funded) and the internal filling of vacancies.
2. Contracted Services, due to (a) the Mufuleni BOSASA TRA (temporary relocation
area) project, which has been put on hold as a result of community unrest /
interventions and (b) delays in the implementation of the Wolwerivier Incremental
Development Area project, which is 2 months behind schedule, due to re-design of
the bulk sewer.
3. Operating Grants & Donations, where costs are linked to the rate of progress
achieved on housing development projects, which are all managed and controlled by
communities ito the national PHP programme. It is therefore difficult to estimate
cash flow as many factors influence the rate of house construction by communities.
No remedial action is needed.
The recruitment process and the alignment of the period budget with the
actual expenditure is on-going. The situation on Operating Grants &
Donations will be closely monitored and corrective actions will be undertaken
where necessary.
Vote 9 - Rates & Other
Vote 10 - Safety & Security
(10,520)
(64,393)
-1.4%
-4.6%
Immaterial variance.
The variance largely consist of under-/over expenditure on various items.
1. Employee related costs (under), largely due to lower than planned expenditure as
a result of delays in the appointment of non-permanent staff, which is still in the
process of being filled and lower than anticipated year-to-date expenditure on
Overtime and Other Allowances.
2. Contracted Services (under), due to late payments, approvals and implementation
of both EPWP and R&M-related projects.
3. Fuel and Licence & Permits (under), due to lower than anticipated year-to-date
expenditure on (a) Fuel and (b) membership fees to various fire/disaster institutes,
which now have to be paid by staff members and not by the City.
4. Uniform & Protective Clothing (under), due to delays in the finalisation of the
uniform tender.
5. Security Services & Charges (over), due to higher than planned expenditure to date
resulting from increased security requirements to protect facilities and assets from
crime and vandalism.
No remedial action is needed.
Appointment of temporary staff underway and the alignment of the period
budget will be undertaken. A number of request for quotations are currently
being advertised for the uniform tender.
Vote 11 - Social Dev &
Early Childhood
Development
Vote 12 - Tourism, Events
& Economic Development
(813)
-0.8%
Immaterial variance.
No remedial action is needed.
(4,306)
-1.0%
Immaterial variance.
No remedial action is needed.
Vote 7 - Finance
Vote 8 - Human
Settlements
Table continues on next page.
12
Annexure A: In-year report (April 2015)
Description
YTD
Variance
Variance
%
R thousands
Reasons for material deviations
Remedial or corrective steps/remarks
Expenditure by Vote
Vote 13 - Transport for
Cape Town
(165,937)
-8.4%
The variance largely consist of under-/over expenditure on various items.
The recruitment process is ongoing and journals will processed to ensure
1. Employee-related costs (under), due to the turnaround time in filling vacancies.
that expenditure is booked to the correct cost elements. Alignment of the
2. Depreciation and Asset Impairment (under), as this is linked to the completion and period budget with the actual expenditure is on-going.
progress of capital projects.
3. R&M Contracted Services (under), due to delays in the processing of MyCiTi VOC
invoices and the complex invoice authorisation process by multiple project
managers.
4. Consultants (under), due to a decrease in professional fees for the MyCiTi Station
Management contract and delays with the awarding of tenders.
5. Operating Grants & Donations (under), due to decreased costs for the MyCiTi
Station Management project resulting in a reduction in the operating hours of some
MyCiTi stations as well as delays in the handover of the Mitchells Plain MyCiTi Station
and Khayelitsha MyCiTi Station to the vehicle operators.
5. Licences & Permits (over), due to the annual payment of SAP licence fees.
6. Security Costs (over), due to delays in reposting externally-funded expenditure.
Vote 14 - Utility Services
(188,607)
-1.8%
The variance largely consist of under-/over expenditure on various items.
1. Employee-related costs (under), due to the turnaround time of filling vacancies and
lower than anticipated overtime costs within Solid Waste.
2. Electricity Bulk Purchases (over), due to the misalignment of the period budget
with the actual expenditure as period budget is based on historical trends.
3. Bulk Purchases Water (over), due to payment of all backlogged accounts in April
resulting in the misalignment of the period budget with actual expenditure.
4. Contracted Services (under), due to delays in the submission of invoices and
utilisation of internal staff for various maintenance work.
5. Consultants (under), as a number of projects were put on hold, due to the financial
pressure that was experienced within the Water and Sanitation department.
6. Fuel (under), due to lower than anticipated consumption and utilisation of reserves
on gas turbines, which reduced expenditure on fuel.
13
The recruitment process is ongoing and alignment with the actual
expenditure will be undertaken where necessary. The situation is closely
monitored by the respective finance manager and corrective action will be
taken where necessary.
Annexure A: In-year report (April 2015)
Table C4: Monthly Budget Statement – Financial Performance (revenue by source
and expenditure by type)
The table below is a view of the budgeted financial performance in relation to the revenue
by source and expenditure by type.
2013/14
Description
Budget Year 2014/15
Audited
Original
Adjusted
Outcome
Budget
Budget
YTD actual
YTD budget
YTD
YTD
Full Year
variance
variance
%
Forecast
R thousands
Revenue By Source
Property rates
Property rates - penalties & collection charges
5,546,774
–
5,942,513
–
5,964,279
–
4,997,325
–
4,793,134
–
204,191
–
4.3%
-
5,964,279
–
Service charges - electricity revenue
Service charges - water revenue
9,323,160
2,185,812
10,072,265
2,540,080
10,071,811
2,464,487
8,269,759
2,141,867
8,296,573
2,089,431
(26,814)
52,436
-0.3%
2.5%
10,071,811
2,464,487
Service charges - sanitation revenue
1,188,106
1,338,202
1,316,720
1,127,036
1,106,760
20,276
1.8%
1,316,720
Service charges - refuse revenue
Service charges - other
920,173
286,429
989,912
321,805
970,912
360,711
813,717
323,427
809,093
283,942
4,624
39,485
0.6%
13.9%
970,912
360,711
Rental of facilities and equipment
Interest earned - external investments
317,890
461,053
358,711
275,762
358,438
275,762
301,047
442,944
299,032
273,994
2,015
168,950
0.7%
61.7%
358,438
275,762
Interest earned - outstanding debtors
192,312
208,262
197,086
174,989
160,988
14,001
8.7%
197,086
Dividends received
Fines
–
729,139
–
175,648
–
916,393
–
1,053,056
–
763,661
–
289,396
37.9%
–
916,393
Licences and permits
Agency services
44,386
150,256
40,388
150,439
40,988
153,993
35,949
134,792
33,860
127,829
2,089
6,963
6.2%
5.4%
40,988
153,993
Transfers recognised - operational
2,399,033
3,498,169
3,518,129
2,495,635
2,757,127
(261,493)
-9.5%
3,518,129
Other revenue
Gains on disposal of PPE
2,252,330
64,906
2,338,330
120,500
2,338,406
120,500
2,304,735
49,894
2,272,763
36,729
31,972
13,165
1.4%
35.8%
2,338,406
120,500
26,061,758
28,370,984
29,068,614
24,666,172
24,104,915
561,256
2.3%
29,068,614
Employee related costs
Remuneration of councillors
8,640,854
119,709
8,940,483
133,619
8,804,911
133,619
7,239,978
101,324
7,367,186
106,861
(127,208)
(5,537)
-1.7%
-5.2%
8,804,911
133,619
Debt impairment
1,295,526
950,533
1,691,334
795,710
795,710
0
0.0%
1,691,334
Depreciation & asset impairment
1,784,970
2,154,335
2,014,841
1,575,589
1,659,092
(83,503)
-5.0%
2,014,841
807,283
919,232
912,241
623,499
623,697
(199)
0.0%
912,241
6,591,232
7,050,011
7,086,261
5,281,424
5,252,643
28,781
0.5%
7,086,261
Total Revenue (excluding capital transfers
and contributions)
Expenditure By Type
Finance charges
Bulk purchases
Other materials
Contracted services
Transfers and grants
Other expenditure
Loss on disposal of PPE
Total Expenditure
Surplus/(Deficit)
Transfers recognised - capital
Contributions recognised - capital
Contributed assets
299,153
387,117
351,841
267,284
287,395
(20,111)
-7.0%
351,841
3,312,529
4,205,198
3,996,909
2,443,004
2,766,670
(323,666)
-11.7%
3,996,909
115,021
125,354
140,900
122,059
124,225
(2,166)
-1.7%
140,900
3,563,228
3,789,486
4,197,758
2,914,433
3,152,632
(238,199)
-7.6%
4,197,758
1,944
26,531,448
–
28,655,369
–
29,330,615
874
21,365,177
–
22,136,111
874
(770,934)
-3.5%
–
29,330,615
(469,690)
(284,384)
(262,001)
3,300,994
1,968,804
1,332,190
67.7%
(262,001)
2,052,758
43,022
2,817,627
65,226
3,128,658
52,010
1,409,312
37,871
1,721,025
39,302
(311,713)
(1,431)
-18.1%
-3.6%
3,128,658
52,010
33,387
–
–
4,943
–
4,943
–
Surplus/(Deficit) after capital transfers &
contributions
1,659,476
2,598,469
2,918,667
4,753,119
3,729,131
2,918,667
Taxation
Surplus/(Deficit) after taxation
–
1,659,476
–
2,598,469
–
2,918,667
–
4,753,119
–
3,729,131
–
2,918,667
Attributable to minorities
–
–
–
–
–
–
Surplus/(Deficit) attributable to municipality
Share of surplus/ (deficit) of associate
1,659,476
–
2,598,469
–
2,918,667
–
4,753,119
–
3,729,131
–
2,918,667
–
Surplus/ (Deficit) for the year
1,659,476
2,598,469
2,918,667
4,753,119
3,729,131
2,918,667
The tables below reflect the percentage variance for revenue by source and expenditure by
type, reasons for material deviations and the remedial action thereof, if required.
14
Annexure A: In-year report (April 2015)
Material variance explanations for revenue by source (refer Table C4)
Description
YTD Variance
R thousands
Revenue By Source
Property rates
Property rates - penalties &
collection charges
Service charges - electricity
revenue
204,191
–
Variance
%
4.3%
-
(26,814)
-0.3%
Service charges - water
revenue
52,436
2.5%
Service charges - sanitation
revenue
20,276
1.8%
4,624
0.6%
Service charges - refuse
revenue
Service charges - other
Table continues on next page.
15
39,485
13.9%
Reasons for material deviations
Remedial or corrective steps/remarks
The over-recovery is on Property Rates and Incom e Forgone. The overrecovery on Property Rates is due to the m isalignm ent of the periodic
budget provisions vers us the actual billings as the num ber of days billed
per m onth differs from m onth to m onth. This over-recovery covers the
im pact of valuation objections and appeals, which m ight result in a
reduction of the rates billed in current/previous financial years . Incom e
Forgone is linked to the num ber of applications received and processed
to date.
n/a
The situation is m onitored and no corrective action is required.
The under-recovery is m ainly on electricity sales, which is influenced by
the im pact of load shedding and consum er dem and resulting in lower
than planned revenue to date.
The over-recovery is m ainly on water sales between the different
categories of consum ers . The actual consum ption to date is higher than
anticipated. The sale of water is dem and driven and consum ption is
influenced by a num ber of factors such as water saving initiatives, tariffs,
weather conditions (warm er/drier season to date), consum er dem and
etc.
The over-recovery is m ainly on sewerage sales between the different
categories of consum ers . The charges on sewerage are dem and driven
and linked to water consum ption and the factors influencing water
consum ption.
The over-recovery is a com bination of (1) over-recovery on Refuse
Charges, due to the continuous data clean-up process resulting in billing
corrections and m ore revenue than planned to date and (2) underrecovery on Special Waste Fees, due to lower than planned consum er
dem and.
The over-recovery reflects on various revenue elem ents in this category.
The m ain contributors are :
1. Building Levies within Energy, Environm ental and Spatial Planning,
due to higher than planned revenue received to date influenced by
num ber of plans subm itted.
2. Fire Fees within Safety & Security, where revenue to date is higher
than planned as it is not possible to determ ine beforehand the num ber of
fires and when such fires will occur.
3. Cellphone and Vehicle Im poundm ent fees within Safety & Security,
where higher than planned revenue was received due to stricter law
enforcem ent im plem ented.
4. Recoveries of Infrastructure Maintenance within Cape Town Electricity,
due to a higher num ber of jobs executed than planned.
5. Busfares within Transport for Cape Town, where m ore than planned
revenue was received, due to roll-out of additional routes (particularly the
N2 Expressway) and a higher num ber of consum ers m aking use of the
service.
The situation is closely m onitored.
n/a
It is not possible to accurately determ ine a trend as consum ption is
dem and driven. The sale of water is closely m onitored on a m onthly
basis.
It is not possible to accurately determ ine a trend as consum ption is
dem and driven. Sanitation charges is closely m onitored on a m onthly
basis.
The situation is closely m onitored and no corrective action is required at
the m om ent.
The situation is m onitored closely by the respective finance m anagers .
Annexure A: In-year report (April 2015)
Description
YTD Variance Variance
R thousands
%
Revenue By Source
Rental of facilities and
equipment
Interest earned - external
investments
Interest earned - outstanding
debtors
Dividends received
Fines
2,015
168,950
14,001
–
289,396
0.7%
61.7%
8.7%
37.9%
Licences and permits
2,089
6.2%
Agency services
6,963
5.4%
Table continues on next page.
16
Reasons for material deviations
Remedial or corrective steps/remarks
The over-recovery is a combination of (a) under-recovery within Human
Settlements, due to the transfer of rental units to tenants and (b) overrecovery within Property Management, due to the improved process of
collection of rental income from tenants.
The over -recovery is mainly within Finance, due to higher than expected
interest received on higher than planned balances of available cash and
investments as at 30 April 2015.
The over-recovery is mainly due to higher than anticipated interest billed
on outstanding consumer debtors within Cape Town Electricity and
Water & Sanitation.
The over-recovery is mainly on Traffic Fines as a result of stricter law
enforcement resulting in an increase in the number of enforcement
contraventions identified. This led to more fines issued and paid for
during the period.
The variance is the combination of over-/under-recovery due to (1) higher
than anticipated revenue received for driver's licences, roadworthy
inspections and PRDP within Safety &Security, (2) major role players
such as Telkom who is not opting for trenchless methodology iro the
tariffs for way leave permits, resulting in refundable deposits being
forfeited within Transport for Cape Town and (3) lower than planned
licences/permits issued to date within Community Services.
The situation is closely monitored by the respective finance managers.
The over-recovery is mainly within Finance, due to the increased number
of vehicle licence renewals and the increase on licence fees for 2015.
The unpredictable nature of monthly payments received makes it difficult
to accurately plan for monthly/annual receipts.
This is demand driven and difficult to plan accurately per annum. The
situation is closely monitored.
Interest on Investments is monitored by the Investment Section on a
monthly basis.
The situation is monitored on a monthly basis.
The situation is continuously monitored by the finance manager.
Licences and Permits are demand driven and difficult to plan accurately
per annum. The revenue is closely monitored.
Annexure A: In-year report (April 2015)
Description
Revenue By Source
Transfers recognised operational
YTD Variance Variance
R thousands
%
(261,493)
-9.5%
Other revenue
31,972
1.4%
Gains on disposal of PPE
13,165
35.8%
17
Reasons for material deviations
The under-recovery is within the following directorates:
1. Human Settlements (National - conditional), due to delays in the
appointment of project managers funded from the USDG grant and posts
funded from Capacity Grant not filled due to uncertainty around payment
of the grant and underspending on PHP and other projects, which are at
different stages of completion, due to the influence of community actions
and gangsterism.
2. Transport for Cape Town (Operating grant-funded projects), due to a
decrease in professional fees and contracted services for the MyCiTi
Station Management as a result of reduction in operating hours of some
MyCiTi stations and delays with the award of tenders for the
Comprehensive Integrated Transport Plan (CITP).
3. Energy, Environmental and Spatial Planning, due to progress being
slower than planned on Spatial Planning ICDG projects (Development of
a plan for Metro South East Integrated Zone and Bellville Central Area)
and where expenditure was booked directly to the cost centre and not to
the Alien Vegetation Clearing project.
4. City Health, due to delays in the payment of claims submitted by the
Provincial Health department for January to March.
The main contributors to this over-recovery are:
1. Development Levies, mainly within Transport for Cape Town, where
more than planned payments were received to date from developers for
developments to be undertaken in the City.
2. CID Levies, within Finance, where more than planned revenue was
received due to additional new developments and supplementary
valuations adjustments within the CID areas.
3. Salvaged items, mainly within Cape Town Electricity, due to more
salvaged items sold than planned to date.
4. Miscellaneous, within (a) Finance, where a once-off payment was
received from the Pension Fund, which was not planned for and (b)
Water & Sanitation, where more than planned revenue was received for
ad-hoc work/services from customers.
5. Recoveries-Other, due to (a) a higher than planned number of
requests from customers for ad-hoc work to be performed and damages
paid within Cape Town Electricity, (b) the recovery of legal fees, within
Compliance and Auxiliary Services, as a result of the outcome of court
cases and (c) more than planned revenue from radio trunking services
within Corporate Services.
The over-recovery is within the Corporate Services directorate, Finance
Services directorate and Solid Waste Management department, where
the sale of PPE was higher than anticipated to date. The sale of PPE is
linked to demand and routine auctions and is therefore difficult to plan
accurately.
Remedial or corrective steps/remarks
The situation is closely monitored by the respective finance managers.
2. Further consultation with Webber Wentzel is expected on MyCiTi and
IRT Business Plan and the tender on CITP will be cancelled and subprojects will go out on RFQ.
3.Reposting of expenditure will be done to reflect costs on project as
required. Spatial Planning projects funding will be rolled over to 2015/16
as not all work will be completed in this financial year.
4. The claims submitted will only be paid in May 2015.
The situation is monitored on a monthly basis by the respective finance
managers. No corrective action is required.
The situation is monitored on a monthly basis with special emphasis on
the sale of the Velodrome, which has not yet been finalised.
Annexure A: In-year report (April 2015)
Material variance explanations for expenditure by type (refer Table C4)
Description
Expenditure By Type
Em ployee related cos ts
Rem uneration of councillors
Debt im pairm ent
Depreciation & as s et
im pairm ent
Finance charges
YTD Variance
R Thousands
Variance
Reasons for material deviations
Remedial or corrective steps/remarks
%
(127,208)
-1.7%
(5,537)
-5.2%
0
(83,503)
-5.0%
(199)
The variance is m ainly due to (1) the turnaround tim e in filling vacancies
and the im pact of cons equential vacancies , ( 2) delays in the
appointm ent of non-perm anent s taff and (3) lower than anticipated
expenditure on Overtim e and Allowances - Other.
The under expenditure is due to les s than anticipated travel &
s ubs is tence claim s s ubm itted to date.
Im m aterial variance.
The under-expenditure is largely due to the capitalis ation rate of as s ets ,
which is bas ed on the com pletion and progres s of capital projects .
The filling of vacancies is on-going and s eas onal s taff are appointed as
and when required. Savings realis ed to date have been s et as ide and
ring-fenced within inves tm ent accounts to cover unfunded cas h
com m itm ents as approved by Council.
No rem edial action is needed.
No rem edial action is needed.
The s ituation is m onitored on a m onthly bas is .
0.0%
Im m aterial variance.
Bulk purchas es
28,781
0.5%
Alignm ent of the period budget with the actual expenditure will be
undertaken.
Other m aterials
(20,111)
-7.0%
Over expenditure reflects on (1) Electricity Bulk Purchas es , due to the
m is alignm ent of the period budget with the actual expenditure as the
period budget is bas ed on his torical trends and (2) Bulk Purchas es
Water, due to paym ent of all backlogged accounts in April, which has
res ulted in the m is alignm ent of the period budget with actual
expenditure.
The variance is largely due to utilis ation of internal s taff for various
m aintenance work/projects and delays in receipt of invoices from s ervice
providers .
The variance is due to (1) delays with the roll out of various R&M
program m es res ulting from delays in awarding and com m encem ent of
tenders and ( 2) delays in im plem enting EPWP program m es /projects ,
incorrect pos ting and s ettlem ents of R&M- related expenditure and
delays in the s ubm is s ion of invoices by s ervice providers .
Progres s is expected in the ens uing m onths . Journals will be proces s ed
to ens ure R&M expenditure is pos ted to the correct general ledger
accounts and paym ents will be proces s ed as and when invoices are
s ubm itted.
No rem edial action is needed.
Contracted s ervices
Trans fers and grants
Other expenditure
Los s on dis pos al of PPE
18
(323,666)
-11.7%
No rem edial action is needed.
Alignm ent of period budget with the actual expenditure will be undertaken
where neces s ary.
(2,166)
-1.7%
Im m aterial variance.
(238,199)
-7.6%
The variance largely cons is ts of under-/over expenditure on various
Alignm ent of the period budget with the actual expenditure will be
item s .
undertaken and corrective journals will be proces s ed.
1. Operating Grants & Donations (under), largely due to decreas ed cos ts
for MyCiTi s tation m anagem ent res ulting in a reduction in the operating
hours of s om e MyCiTi s tations , delays in the handover of Mitchells Plain
MyCiTi Station and Khayelits ha MyCiTi Station to the vehicle operators ,
delays in repos ting and PHP paym ents where cos ts are linked to the rate
of progres s achieved on hous ing developm ent projects .
2. Cons ultants (under), as a num ber of projects were put on hold due to
the financial pres s ure that was experienced within the Water & Sanitation
departm ent.
3) Fuel (under), as a res ult of lower than anticipated expenditure to date.
4.. Hire Charges (over), as a res ult of delays with the delivery of s olid
was te s treet s weeping m achines .
5. R&M Plant (over), due to the incorrect s ettlem ent of expenditure to this
item .
0.0%
Im m aterial variance.
874
No rem edial action is needed.
Annexure A: In-year report (April 2015)
Table C5: Monthly Budget Statement - Capital Expenditure (municipal vote, standard
classification and funding)
The table below reflects the City’s capital programme in relation to capital expenditure by
municipal vote; capital expenditure by standard classification; and funding sources required
to fund the capital budget, including information on capital transfers from National and
Provincial departments.
2013/14
Vote Description
Budget Year 2014/15
Audited
Original
Adjusted
Outcome
Budget
Budget
YearTD actual
YearTD
budget
YTD variance
R thousands
YTD
Full Year
variance
Forecast
%
Multi-Year expenditure appropriation
Vote 1 - City Health
Vote 2 - City Manager
Vote 3 - Community Serv ices
Vote 4 - Compliance & Aux iliary Serv ices
Vote 5 - Corporate Serv ices
Vote 6 - Energy , Env ironmental & Spatial Planning
Vote 7 - Finance
Vote 8 - Human Settlements
Vote 9 - Rates & Other
Vote 10 - Safety & Security
Vote 11 - Social Dev & Early Childhood Dev elopment
Vote 12 - Tourism, Ev ents & Economic Dev elopment
Vote 13 - Transport for Cape Tow n
Vote 14 - Utility Serv ices
Total Capital Expenditure
25,185
13,070
161,422
3,775
286,544
70,776
13,315
564,398
–
63,809
7,555
26,375
1,113,033
2,153,036
4,502,293
21,966
6,771
203,711
12,376
359,474
118,119
105,509
860,855
–
70,559
18,410
39,227
1,603,985
2,790,354
6,211,315
20,802
14,638
237,145
3,774
392,444
57,859
92,389
1,071,754
–
82,247
24,258
38,681
1,754,130
2,338,098
6,128,220
11,433
6,347
134,058
3,194
163,791
29,967
42,833
443,190
–
47,197
12,699
13,306
726,100
1,312,167
2,946,283
14,035
8,814
142,465
3,587
203,999
28,470
49,944
453,556
–
53,748
11,140
19,324
1,064,656
1,333,552
3,387,289
(2,602)
(2,466)
(8,408)
(393)
(40,209)
1,497
(7,110)
(10,365)
–
(6,551)
1,559
(6,018)
(338,556)
(21,385)
(441,006)
-18.5%
-28.0%
-5.9%
-10.9%
-19.7%
5.3%
-14.2%
-2.3%
-12.2%
14.0%
-31.1%
-31.8%
-1.6%
-13.0%
20,780
14,598
236,999
3,772
387,706
57,832
92,388
1,014,987
–
82,242
24,203
38,680
1,718,724
2,217,971
5,910,881
Capital Expenditure - Standard Classification
Governance and administration
Ex ecutiv e and council
Budget and treasury office
Corporate serv ices
Community and public safety
Community and social serv ices
Sport and recreation
Public safety
Housing
Health
Economic and environmental services
Planning and dev elopment
Road transport
Env ironmental protection
Trading services
Electricity
Water
Waste w ater management
Waste management
Other
Total Capital Expenditure - Standard Classification
331,690
19,286
11,085
301,319
860,117
48,114
134,842
88,074
564,398
24,690
1,190,510
59,776
1,116,363
14,370
2,119,975
1,151,286
458,746
372,281
136,619
1,043
4,502,293
510,823
34,406
14,032
462,384
1,232,384
109,187
130,805
109,640
860,855
21,896
1,726,276
99,620
1,613,361
13,295
2,741,833
1,255,722
513,312
555,899
415,875
1,025
6,211,315
537,054
32,951
16,582
487,521
1,496,616
101,350
170,897
131,811
1,071,754
20,802
1,814,931
40,612
1,763,138
11,181
2,279,620
1,001,862
555,304
492,930
228,501
1,023
6,128,220
235,535
18,105
14,589
202,840
674,330
57,103
88,411
74,192
443,190
11,433
759,160
21,695
733,574
3,891
1,277,259
535,029
344,021
268,725
129,352
131
2,946,283
281,842
16,646
14,509
250,687
705,711
59,589
99,714
78,818
453,556
14,035
1,098,927
23,808
1,072,579
2,539
1,300,808
533,740
325,246
300,403
140,576
844
3,387,289
(46,307)
1,460
80
(47,847)
(31,382)
(2,486)
(11,303)
(4,626)
(10,365)
(2,602)
(339,767)
(2,113)
(339,005)
1,351
(23,550)
1,290
18,775
(31,678)
(11,224)
(712)
(441,006)
-16.4%
8.8%
0.6%
-19.1%
-4.4%
-4.2%
-11.3%
-5.9%
-2.3%
-18.5%
-30.9%
-8.9%
-31.6%
53.2%
-1.8%
0.2%
5.8%
-10.5%
-8.0%
-84.4%
-13.0%
532,297
32,672
16,581
483,044
1,438,676
101,291
170,810
130,808
1,014,987
20,780
1,779,415
40,164
1,727,729
11,521
2,160,493
942,772
536,830
451,367
228,501
1,023
5,910,881
Funded by:
National Gov ernment
Prov incial Gov ernment
District Municipality
Other transfers and grants
Transfers recognised - capital
Public contributions & donations
Borrowing
Internally generated funds
Total Capital Funding
1,768,880
283,513
–
926
2,053,319
44,022
1,856,889
548,064
4,502,293
2,515,669
292,065
–
2,100
2,809,834
73,019
2,350,301
978,161
6,211,315
2,811,792
315,880
–
2,274
3,129,946
50,723
2,277,157
670,395
6,128,220
1,190,998
218,160
–
172
1,409,330
37,852
1,188,014
311,087
2,946,283
1,491,976
226,589
–
1,628
1,720,194
38,659
1,293,617
334,818
3,387,289
(300,978)
(8,429)
–
(1,457)
(310,864)
(807)
(105,603)
(23,732)
(441,006)
-20.2%
-3.7%
2,734,912
287,060
–
2,274
3,024,246
50,223
2,211,217
625,195
5,910,881
-89.5%
-18.1%
-2.1%
-8.2%
-7.1%
-13.0%
The table below reflects the percentage variance for capital expenditure by vote as well as
reasons for material deviations and the remedial action thereof, if required.
19
Annexure A: In-year report (April 2015)
Material variance explanations for capital expenditure (refer Table C5)
Description
YTD
Variance
R
thousands
Variance
%
Reasons for material deviations
Remedial or corrective steps/remarks
Capital Expenditure by
Vote
Vote 1 - City Health
(2,602)
-18.5%
1. Delays in the submission of the final account(s), payment certificates
Follow-up with consultants and contractors regarding completion and
and invoices iro the following projects:
submission of final accounts as well as the timeous submission of
a. New Environmental Health Office - Khayelitsha
payment certificates.
b. Delft South Clinic - extensions to pharmacy.
2. Delays in submission of payment certificates and invoices for work done
on the Tafelsig Clinic - Extensions and St Vincent Clinic - Extensions
projects during April 2015.
3. Ravensmead Clinic - Extensions: Delay in the advertising of tender for
the appointment of a contractor.
Vote 2 - City Manager
(2,466)
-28.0%
1. Replacement Equipment: Awaiting finalisation of the appeal period iro
the specialised printer tender, which was awarded in April 2015.
2. PPM project: Delayed appointments of PPM resources have had a slight
impact on the expenditure forecast.
3. Furniture: Delayed due to partial delivery of furniture, incorrect invoicing
and awaiting delivery of other items,
1. Orders for printer will be placed once the appeal period has ended.
2. Project is on track with the defined outputs being monitored for
satisfactory progress as improved efficiency has been achieved.
3. Outstanding items delivered and invoices are being processed. Further
orders have been placed and awaiting delivery.
Vote 3 - Community
Services
(8,408)
-5.9%
1. City Parks:
a) Maitland Cemetery Cremators: All attempts at obtaining contract
insurance has failed.
2. Sport, Recreation and Amenities:
a) Upgrading of NY116 Sports Field: Bank guarantees were submitted
later than expected. Site handover took place on 23 March 2015.
b) Hardening & Securing of Facilities: 100 projects identified and 5
projects completed. The variance relates to the delay in obtaining
quotations for the installation of alarms that are on tender.
3. Library and Information Systems:
New Regional Library in Kuyasa: Delays experienced in delivery of certain
items, installation of roof covering around the tower as well as the
electrical and plumbing second fix, which comprise of high value fittings.
1. City Parks: A counter proposal was sent from the City to US Cremation
Equipment to provide an irrevocable Letter of Credit and accept the terms
that payment will only take place after installation is completed.
2. Sport, Recreation and Amenities:
a) Upgrading of NY116 Sports Field : It is anticipated that the project will
be completed by end June 2015.
b) Hardening & Securing of Facilities: Procurement processes have
commenced.
3. Library and Information Systems: Despite the delays experiences works
originally estimated for completion or bulk installation after the June 2015
financial year-end, has been accelerated and is scheduled for completion
before end June 2015. Practical completion will be reached by 02
September 2015.
Departments are addressing implementation challenges in order to
ensure that capital projects are completed and the budget implementation
target is achieved.
Table continues on next page.
20
Annexure A: In-year report (April 2015)
Description
Capital Expenditure by
Vote
Vote 4 - Com pliance &
Auxiliary Services
Vote 5 - Corporate
Services
Vote 6 - Energy,
Environm ental & Spatial
Planning
Vote 7 - Finance
Vote 8 - Hum an
Settlem ents
Vote 9 - Rates & Other
Vote 10 - Safety &
Security
Vote 11 - Social Dev &
Early Childhood
Developm ent
Vote 12 - Touris m , Events
& Econom ic
Developm ent
YTD
Variance
R
thousands
(393)
-10.9%
(40,209)
-19.7%
1,497
5.3%
(7,110)
-14.2%
(10,365)
-2.3%
Reasons for material deviations
Remedial or corrective steps/remarks
There has been a delay in the delivery of furniture and equipm ent.
The project m anager will follow-up with the contractor regarding the
delivery of all the outs tanding item s .
The m ajor variance res onates within the following projects :
a. The delays have been res olved; orders have been placed and projects
a. Dark Fibre Broadband & Digital Inclus ion projects : Exchange rate
are back on track.
problem experienced with the Broadband-bas ed Cons truction of Switching b. Radio Trunking Infras tructure project:
Centres ' tender and delay in proces s ing of Way leaves .
Firs t deliveries are expected by s econd week of May 2015.
b. Radio Trunking Infras tructure project: Delay being experienced with the
c. Not all funds will be s pent in this financial year.
delivery of goods .
c. WCG Broadband Connectivity project: Delays in obtaining approvals
Bulk of orders were placed with any outs tanding com m itm ents to be
from PWCG relating to connection of their buildings .
rais ed by May 2015. Pres s ure will then be placed on s ervice providers to
deliver contracted goods and/or s ervices by or before 30 June 2015.
The directorate is s till confident that projects will be com pleted and funds
s pent by or before 30 June 2015.
Where pos s ible, projects will be accelerated and delivery expedited.
Grab truck and LDV vehicle delivered earlier than anticipated.
None required.
Bas em ent parking project: Awaiting invoices ; project s till on track for
com pletion as planned. The project is in the early s tages of cons truction
and the contractor is s teadily increas ing the s pend activity on s ite.
Im m aterial variance.
The Property Managem ent departm ent will s peed up the receipt of invoices
and ens ure that the work for 2014\15 is com pleted in tim e.
None required.
–
(6,551)
-12.2%
1. Dis as ter Managem ent Centre project: Delayed due to unavailability of
Ongoing m onitoring of project progres s and expenditure.
s tock from s upplier.
2. CCTV Equipm ent: Delay in the procurem ent and delivery of equipm ent.
3. CCTV rollout in Bellville area: Delay in the ins tallation of the Fibre Optics
cable.
4.Various Equipm ent projects : Delay in the delivery due to the unavailability
of s tock by the s upplier.
1,559
14.0%
Delivery of vehicles earlier than anticipated.
Finalis e and com plete all 2014/15 capital projects before 30 June 2015.
(6,018)
-31.1%
1. Provis ion of lifts for em pty s hafts CTS: The contract for the lifts was only
s igned on 15 April 2015.
2. Various projects at Cape Town Stadium : Cons truction work alm os t
com pleted but with delays due to the contractor being unable to work on
events and build-up days during January - April 2015. The late delivery of
long lead item s caus ed a further delay.
3. Upgrade of Lookout Hill Facility: Invoice for work com pleted only received
after cut-off date. Agreem ent for s cope of works for paving reached during
April 2015.
4. Ins tall Electronic Advertis ing Boards : CTS : Awaiting delivery and
ins tallation of electronic advertis ing boards .
1. Site handover anticipated for m id May 2015 on conclus ion of contractual
form alities .
2. A revis ed work s chedule has been im plem ented and project to be
com pleted by the end of June 2015.
3. Invoice to be proces s ed by end of April 2015. Order for paving has been
placed and to be com pleted by the end of June 2015.
4. Ins tallation of electronic advertis ing boards to be com pleted by the end
of June 2015.
Table continues on next page.
21
Variance
%
Annexure A: In-year report (April 2015)
Description
Vote 13 - Transport for
Cape Town
YTD
Variance
R
thousands
Variance
%
Reasons for material deviations
Remedial or corrective steps/remarks
(338,556)
-31.8%
The very late completion of the Integrated Public Transport Network plan in
mid 2014 is now being felt, especially the IRT Phase 2A, which is falling
badly behind the original planned programmes. IRT bus deliveries are
also behind programme at this stage. SCM procurement processes are
also having a very significant negative impact on project progress. SCM's
protracted procurement procedures are seemingly due to the extremely
cautious approach being adopted by all SCM practitioners, SCM staff
capacity constraints and lengthy due diligence processes. Other delays
are occurring because some of the appointed consultants and contractors
are not performing as required.
Bus manufacturers have indicated that although they are currently behind
programme on bus deliveries they will be able to deliver all busses by end
June 2015. Interactions have been underway with SCM for some time to try
to improve procurement turnaround times. Consultants and contractors
are being continually pressured to improve on their performance.
(21,385)
(33)
-1.6%
-29.6%
None required.
Quotations to be amended.
Water & Sanitation
(12,903)
-2.1%
Solid Waste
Management
(11,224)
-8.0%
Immaterial variance.
USDG funding for the appointment of contract staff was not approved
impacting on quotation requests for furniture and fittings.
Infrastructure Replace/Refurbish WWTW project: Awaiting delivery of
equipment from abroad, which is scheduled to arrive on 18 May 2015.
There is a possibility that the shipment process might take longer than
planned.
Bellville Transfer Station project: The contractor has fallen slightly behind
schedule.
Vote 14 - Utility Services
Utility Services Support
Cape Town Electricity
22
2,775
0.5%
Various projects ahead of schedule, due to good contractor performance
and delivery of equipment earlier than anticipated.
Project managers to ensure that tracking and monitoring of projects are
ongoing to ensure that projects are completed within the prescribed
timeframes.
Project manager closely monitoring project and engaging with contractor
to accelerate implementation. The contractor has confirmed that the funds
will be spent by the end of June 2015.
Project managers to ensure that tracking and monitoring of projects are
ongoing to ensure that projects are completed within the prescribed
timeframes.
Annexure A: In-year report (April 2015)
The graphs below illustrate the capital budget versus actual expenditure per vote.
CAPITAL BUDGET 2013/2014 (MAJOR VOTES)
YTD PLANNED VS YTD ACTUALS
YTD Planned Spend
YTD Actual Spend
1,600
1,400
Millions
1,200
1,000
800
600
400
200
Utility Services
Transport for Cape Town
Human Settlements
CAPITAL BUDGET 2013/2014 (MINOR VOTES)
YTD PLANNED VS YTD ACTUALS
YTD Planned Spend
250,000
YTD Actual Spend
Thousands
200,000
150,000
100,000
50,000
City Manager
23
Compliance &
Auxiliary
Services
Community
Services
Finance
Corporate
Services
City Health
Safety &
Security
Energy,
Tourism, Events Social Dev &
Environmental & & Economic Early Childhood
Spatial Planning Development Development
Annexure A: In-year report (April 2015)
Table C6: Monthly Budget Statement - Financial Position
The table below reflects the performance to date in relation to the financial position of the
City.
2013/14
Budget Year 2014/15
Description
R thousands
Audited
Original
Adjusted
Outcom e
Budget
Budget
YearTD actual
Full Year
Forecast
ASSETS
Current assets
Cash
2,266,560
Call inv estment deposits
2,621,907
5,362,934
5,630,269
7,594,734
5,630,269
Consumer debtors
4,309,649
4,499,300
4,506,736
3,424,505
4,506,736
417,305
351,500
459,034
1,416,839
459,034
Other debtors
Current portion of long-term receiv ables
Inv entory
Total current assets
–
–
2,271,925
–
19,650
20,495
18,543
19,650
18,543
269,283
296,315
282,747
315,855
282,747
9,904,353
10,530,544
10,897,328
15,043,508
10,897,328
104,311
91,753
99,097
84,577
99,097
3,245,041
1,682,069
1,859,632
Non current assets
Long-term receiv ables
Inv estments
–
1,859,632
Inv estment property
–
–
–
–
–
Inv estments in Associate
–
–
–
–
–
Property , plant and equipment
31,468,325
35,865,333
35,272,205
32,839,019
35,272,205
Agricultural
–
–
–
–
–
Biological assets
–
–
–
–
–
Intangible assets
–
–
–
–
–
Other non-current assets
–
–
–
–
–
Total non current assets
34,817,677
37,639,154
37,230,934
32,923,597
37,230,934
TOTAL ASSETS
44,722,030
48,169,698
48,128,263
47,967,105
48,128,263
LIABILITIES
Current liabilities
–
–
–
–
Bank ov erdraft
–
–
–
–
Borrow ing
Consumer deposits
368,325
378,885
378,885
368,325
–
–
378,885
370,217
372,943
407,239
274,083
407,239
Trade and other pay ables
6,338,165
5,125,323
5,239,689
4,758,331
5,239,689
Prov isions
1,078,550
1,444,665
1,154,048
987,024
1,154,048
8,155,257
7,321,815
7,179,861
6,387,764
7,179,861
Borrow ing
6,666,139
7,902,043
7,902,043
6,501,894
7,902,043
Prov isions
5,783,962
5,099,008
5,979,014
6,235,801
5,979,014
Total non current liabilities
12,450,101
13,001,051
13,881,057
12,737,695
13,881,057
TOTAL LIABILITIES
20,605,358
20,322,866
21,060,918
19,125,458
21,060,918
NET ASSETS
24,116,672
27,846,832
27,067,344
28,841,646
27,067,344
21,896,756
25,806,310
24,732,002
26,788,426
24,732,002
Total current liabilities
Non current liabilities
COMMUNITY WEALTH/EQUITY
Accumulated Surplus/(Deficit)
Reserv es
TOTAL COMMUNITY WEALTH/EQUITY
2,219,916
2,040,522
2,335,342
2,053,220
2,335,342
24,116,672
27,846,832
27,067,345
28,841,646
27,067,345
The definitions for the categories in the financial position table are shown below.
24
Annexure A: In-year report (April 2015)
Definitions of financial position categories
Description
Cas h
Call inves tm ent depos its
Definition
Cas h includes cas h on hand, cas h with banks , notice depos its and depos its with a
m aturity of three m onths or les s , readily convertible to cas h without s ignificant change in
value.
Call inves tm ent depos its include s hort-term bank and other depos its with a m aturity of
m ore than three m onths but les s than twelve m onths .
Cons um er debtors
A cus tom er of an entity who has not yet paid for m unicipal goods and s ervices rendered.
Other debtors
A cus tom er or an entity who has not yet paid for s undry s ervices rendered and/or fines
im pos ed.
Current portion of long-term receivables That portion of Long-term receivables that will becom e due in the next operating year.
Inventory
Inventory cons is ts of goods purchas ed and held for res ale and goods produced by the
City. Inventory als o includes raw m aterials and s upplies to be us ed in works and
proces s es .
Long-term receivables
Receivables that becom e due only in the financial years after the next one.
Inves tm ents
Inves tm ents include bank and other depos its with a m aturity of m ore than twelve m onths .
Inves tm ent property
Is land and buildings held to earn rentals or for capital appreciation or both, as oppos ed to
being us ed for production or for the s upply of goods or s ervices or for adm inis trative
purpos es , or intended for s ale in the norm al cours e of operations .
Inves tm ents in As s ociate
It is an inves tm ent in an entity in which the inves tor has s ignificant influence but is neither
a controlled entity nor a joint venture of the City.
Property, plant and equipm ent
Are tangible as s ets that are held for us e in the production or s upply of goods or s ervices ,
for rentals to others or for adm inis trative purpos es , and are expected to have a us eful life of
m ore than one reporting period.
Agricultural
The m anagem ent of an agricultural activity for the biological trans form ation and harves t of
biological as s ets for s ale or convers ion into agricultural produce or into additional
biological as s ets .
Biological as s ets
Cons is ts of as s ets undergoing the biological trans form ation in term s of the proces s es of
growth, degeneration, production and procreation that caus e qualitative or quantitative
changes in a biological as s et.
Intangible as s ets
Identifiable non-m onetary as s et without phys ical s ubs tance or form , held for us e in the
production or s upply of goods or s ervices , for rental to others or for adm inis trative
purpos es .
Bank overdraft
Bank overdraft includes that am ount overdrawn on the bank account and repres ents a
s hort-term debt facility repayable to the Bank. The city has not negotiated any overdraft
facilities .
Borrowing
Borrowing is that portion of loans taken up by the Council which are due and payable
within the next twelve m onths .
Cons um er depos its
Am ounts held by the City as s ecurity over the provis ion of s ervices on credit and repayable
on term ination of accounts .
Trade and other payables
Liabilities owed to s uppliers for purchas es of goods or s ervices already rendered to the
m unicipality.
Provis ions
A pres ent obligation aris ing from pas t events , the s ettlem ent of which is expected to res ult
in an outflow of res ources and will be taking place in the next 12 m onths .
Borrowing
Borrowing is that portion of loans taken up by the Council which are due and payable
longer than the twelve m onths (i.e. exclude that am ount of total loans included under
current liabilities .
A pres ent obligation aris ing from pas t events , the s ettlem ent of which is expected to res ult
in an outflow of res ources and will be taking place not in the next 12 m onths .
Provis ions
Accum ulated Surplus /(Deficit)
Res erves
25
The s urplus of an entity that has accum ulated s ince the beginning of the entity's exis tence.
Funds s et as ide from accum ulated s urplus es for s tatutory as well as s pecific
requirem ents .
Annexure A: In-year report (April 2015)
Table C7: Monthly Budget Statement - Cash Flow
The City’s cash flow position and cash/cash equivalent outcome is shown in the table
below.
2013/14
Description
R thousands
CASH FLOW FROM OPERATING ACTIVITIES
Receipts
Ratepayers and other
Government - operating
Government - capital
Interest
Payments
Suppliers and employees
Finance charges
Transfers and Grants
NET CASH FROM/(USED) OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Receipts
Proceeds on disposal of PPE
Decrease (Increase) in non-current debtors
Decrease (increase) other non-current receivables
Decrease (increase) in non-current investments
Payments
Capital assets
Budget Year 2014/15
Audited
Outcome
Original
Budget
Adjusted
Budget
22,073,063
2,389,432
2,052,758
729,374
23,306,935
3,498,169
2,882,853
275,762
22,770,936
3,518,129
3,179,418
924,430
21,512,497
3,007,822
2,704,548
466,645
20,363,820
3,518,129
3,179,418
455,532
1,148,676
(510,307)
(474,870)
11,113
5.6%
-14.5%
-14.9%
2.4%
22,770,936
3,518,129
3,179,418
924,430
(21,822,483)
(791,549)
(115,021)
4,515,574
(23,514,982)
(829,746)
–
5,618,991
(24,265,256)
(829,746)
–
5,297,911
(22,286,198)
(544,546)
–
4,860,767
(21,964,370)
(544,546)
–
5,007,983
321,828
–
–
147,216
-1.5%
2.9%
(24,265,256)
(829,746)
–
5,297,911
71,458
–
(1,751)
(1,656,922)
40,167
–
(4,829)
(379,999)
120,500
–
(110,970)
(1,029,558)
–
–
–
(229,998)
–
–
–
(280,000)
–
–
–
50,003
-17.9%
120,500
–
(110,970)
(1,029,558)
YTD actual
YTD budget
YTD
variance
YTD
variance
%
Full Year
Forecast
(4,502,293)
(6,133,477)
(6,081,488)
(2,825,718)
(3,361,121)
(535,403)
15.9%
(6,081,488)
NET CASH FROM/(USED) INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Receipts
Short term loans
Borrowing long term/refinancing
Increase (decrease) in consumer deposits
Payments
Repayment of borrowing
(6,089,508)
(6,478,138)
(7,101,516)
(3,055,716)
(3,641,121)
(585,406)
16.1%
(7,101,516)
–
–
62,000
–
1,500,000
33,904
–
1,500,000
34,296
(345,067)
(309,853)
(309,853)
(241,258)
(241,258)
–
(309,853)
NET CASH FROM/(USED) FINANCING ACTIVITIES
(283,067)
1,224,051
1,224,443
(241,258)
(241,258)
–
1,224,443
(1,857,001)
8,099,366
6,242,365
364,904
6,603,670
6,968,574
(579,161)
6,242,687
5,663,526
1,563,793
6,242,687
7,806,480
1,125,604
6,242,687
7,368,291
NET INCREASE/ (DECREASE) IN CASH HELD
Cash/cash equivalents at beginning:
Cash/cash equivalents at month/year end:
26
–
–
–
–
–
–
–
–
–
–
1,500,000
34,296
(579,161)
6,242,687
5,663,526
Annexure A: In-year report (April 2015)
The table below reflects the variances for cash flow position and cash/cash equivalent
outcome as well as reasons for material deviations and remedial action.
Description
R thousands
CASH FLOW FROM OPERATING ACTIVITIES
Receipts
Ratepayers and other
Government - operating
Government - capital
Interest
Dividends
Payments
Suppliers and employees
Finance charges
Transfers and Grants
NET CASH FROM/(USED) OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Receipts
Proceeds on disposal of PPE
Decrease (Increase) in non-current debtors
Decrease (increase) other non-current receivables
Decrease (increase) in non-current investments
Payments
Capital assets
NET CASH FROM/(USED) INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Receipts
Short term loans
Borrowing long term/refinancing
Increase (decrease) in consumer deposits
Payments
Repayment of borrowing
NET CASH FROM/(USED) FINANCING ACTIVITIES
27
YTD
variance
R
Thousands
YTD
variance
%
1,148,676
(510,307)
5.6%
-14.5%
(474,870)
-14.9%
11,113
–
2.4%
-
321,828
–
–
-1.5%
147,216
2.9%
–
–
–
50,003
Reasons for material deviations
Remedial or corrective steps/remarks
More income received than budgeted for.
Less grant income recognised than originally
budgeted for, included in other receipts above.
Less grant income recognised than originally
budgeted for, included in other receipts above.
Immaterial variance.
No corrective action required at this time.
No corrective action required at this time.
Immaterial variance.
No corrective action required at this time.
-18%
The variance is due to lower than planned non
current investments which is compensated by
an increase in short term investments
No corrective action required at this time.
(535,403)
15.9%
Slower cash outflow than originally anticipated. No corrective action required at this time.
(585,406)
16.1%
–
–
–
–
–
No corrective action required at this time.
No corrective action required at this time.
-
Annexure A: In-year report (April 2015)
Table SC9: Monthly Budget Statement - Actual and revised targets for cash receipts and cash flows
R thousands
2014/15 Medium Term Revenue &
Expenditure Fram ew ork
Budget Year 2014/15
Description
July
August
Sept
October
Nov
Dec
January
Feb
March
April
May
June
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Budget
Budget
Budget
Year
2014/15
Budget
Year +1
2015/16
Budget
Year +2
2016/17
Cash Receipts By Source
Property rates
Property rates - penalties & collection charges
Service charges - electricity revenue
Service charges - w ater revenue
Service charges - sanitation revenue
Service charges - refuse
Service charges - other
Rental of facilities and equipment
Interest earned - external investments
Interest earned - outstanding debtors
Dividends received
Fines
Licences and permits
Agency services
Transfer receipts - operating
Other revenue
Cash Receipts by Source
476,044
–
856,628
144,776
89,623
53,800
42,720
38,280
32,452
–
–
17,165
3,658
–
771,030
182,369
2,708,545
409,531
–
952,848
170,176
103,938
62,129
24,683
17,862
52,181
–
–
16,252
23,096
–
70,068
873,224
2,775,990
531,075
–
858,230
138,202
73,800
44,842
20,439
18,093
44,997
–
–
16,664
23,201
–
–
341,265
2,110,809
562,297
–
891,451
157,778
94,863
54,132
25,902
17,704
46,717
–
–
18,877
18,311
–
120,000
209,741
2,217,772
506,325
–
795,009
162,467
83,864
40,124
23,666
17,055
42,661
–
–
19,876
14,405
–
39,468
184,232
1,929,153
541,260
–
829,334
188,296
104,594
50,123
27,268
18,722
50,551
–
–
20,216
26,661
–
539,519
817,860
3,214,403
492,829
–
782,019
176,147
98,460
46,183
23,760
15,385
47,473
–
–
17,988
17,384
–
–
180,675
1,898,305
501,835
–
734,573
223,433
127,848
46,704
28,313
17,362
41,033
–
–
19,274
16,964
–
24,250
165,161
1,946,749
549,356
–
835,756
256,437
130,026
55,154
26,039
24,139
54,896
–
–
21,162
27,711
–
1,423,340
843,268
4,247,284
402,618
–
819,372
232,839
117,606
48,109
25,471
21,717
53,683
–
–
20,424
18,397
–
20,147
157,572
1,937,955
420,007
–
842,698
183,253
119,180
70,958
33,790
12,075
40,406
–
–
11,934
6,943
–
–
28,740
1,769,983
380,994
–
826,366
(96,119)
30,339
44,195
58,661
(122,863)
417,379
–
–
(24,239)
(1,751)
–
510,307
(1,566,721)
456,548
5,774,172
–
10,024,284
1,937,684
1,174,140
616,454
360,711
95,531
924,430
–
–
175,592
194,981
–
3,518,129
2,417,385
27,213,495
6,188,871
–
10,774,483
2,452,410
1,329,592
1,014,216
353,181
164,081
501,633
–
–
185,484
219,933
–
4,005,459
2,436,694
29,626,038
6,623,437
–
11,603,398
2,752,640
1,492,294
1,088,970
414,253
168,517
440,593
–
–
195,500
257,395
–
4,446,242
2,573,032
32,056,271
Other Cash Flow s by Source
Transfer receipts - capital
Contributions & Contributed assets
Proceeds on disposal of PPE
Short term loans
Borrow ing long term/refinancing
Increase in consumer deposits
Receipt of non-current debtors
Receipt of non-current receivables
Change in non-current investments
Total Cash Receipts by Source
800,762
–
–
–
–
–
–
–
–
3,509,306
3,671
–
–
–
–
–
–
–
–
2,779,661
120,294
–
–
–
–
–
–
–
–
2,231,103
22,971
–
–
–
–
–
–
–
(49,998)
2,190,745
225,556
–
–
–
–
–
–
–
–
2,154,709
589,332
–
–
–
–
–
–
–
(180,000)
3,623,735
36,288
–
–
–
–
–
–
–
–
1,934,594
50,028
–
–
–
–
–
–
–
–
1,996,777
855,645
–
–
–
–
–
–
–
–
5,102,928
–
–
–
–
–
–
–
–
–
1,937,955
–
–
–
–
–
–
–
–
–
1,769,983
474,870
–
120,500
–
1,500,000
34,296
–
(110,970)
(799,560)
1,675,684
3,179,418
–
120,500
–
1,500,000
34,296
–
(110,970)
(1,029,558)
30,907,181
2,443,769
–
74,448
–
1,500,000
40,724
–
(40,949)
(206,352)
33,437,678
2,643,189
–
78,468
–
1,000,000
44,796
–
(45,787)
(89,310)
35,687,628
Table continues on next page.
28
Annexure A: In-year report (April 2015)
R thousands
2014/15 Medium Term Revenue &
Expenditure Fram ew ork
Budget Year 2014/15
Description
July
August
Sept
October
Nov
Dec
January
Feb
March
April
May
June
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Outcom e
Budget
Budget
664,705
662,689
668,427
665,554
1,024,213
666,865
675,725
683,710
683,312
676,847
705,661
9,426
9,465
9,456
9,391
9,533
9,577
9,535
9,543
9,529
9,529
11,077
Budget
Year
2014/15
Budget
Year +1
2015/16
Budget
Year +2
2016/17
813,606
8,591,314
9,423,461
27,560
133,619
142,438
151,554
285,200
829,746
1,062,289
1,301,246
Cash Paym ents by Type
Employee related costs
Remuneration of councillors
Interest paid
Bulk purchases - Electricity
Bulk purchases - Water & Sew er
–
–
188,050
–
–
171,769
–
–
184,727
–
–
10,181,605
791,798
876,854
826,715
484,899
493,242
469,022
447,801
470,394
439,121
488,940
483,038
446,077
6,717,900
7,205,955
7,781,805
26,750
28,289
17,233
38,608
26,647
25,175
32,512
21,848
57,541
42,842
28,844
22,074
368,361
404,273
444,073
Other materials
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Contracted services
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Grants and subsidies paid - other municipalities
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Grants and subsidies paid - other
–
–
–
–
–
–
–
–
–
–
–
–
–
–
General expenses
Cash Paym ents by Type
1,614,923
796,348
849,212
817,803
857,059
712,799
741,307
634,060
900,368
1,089,063
628,624
3,107,602
2,373,646
2,559,092
2,016,255
2,410,693
2,055,205
1,906,880
1,819,554
2,274,598
2,307,220
1,857,244
462,057
202,822
119,203
310,054
429,821
390,003
118,496
257,311
264,048
271,905
908,190
(1,187,503)
–
8,454,062
9,147,975
9,938,169
407,013
25,095,002
27,386,391
29,798,452
2,347,580
6,081,488
5,986,992
5,609,962
68,595
309,853
285,598
407,882
Other Cash Flow s/Paym ents by Type
Capital assets
Repayment of borrow ing
–
–
Other Cash Flow s/Payments
–
–
88,055
–
–
–
–
–
65,148
–
–
–
–
–
88,055
–
–
–
–
–
–
–
3,569,659
2,576,467
2,766,350
2,326,308
2,840,514
2,510,356
2,025,376
2,076,865
2,626,701
2,579,124
2,765,434
2,823,188
NET INCREASE/(DECREASE) IN CASH HELD
(60,352)
6,242,687
203,194
6,182,335
(535,247)
6,385,529
(135,563)
5,850,282
(685,805)
5,714,719
1,113,379
5,028,914
(90,782)
6,142,293
(80,088)
6,051,511
2,476,227
5,971,423
(641,169)
8,447,650
(995,451)
7,806,480
(1,147,504)
6,811,030
(579,161)
6,242,687
(221,302)
5,663,526
(128,667)
5,442,224
6,182,335
6,385,529
5,850,282
5,714,719
5,028,914
6,142,293
6,051,511
5,971,423
8,447,650
7,806,480
6,811,030
5,663,526
5,663,526
5,442,224
5,313,556
29
33,658,980
–
Total Cash Paym ents by Type
Cash/cash equivalents at the month/year
beginning:
Cash/cash equivalents at the month/year end:
31,486,343
–
35,816,296
Annexure A: In-year report (April 2015)
PART 2 - SUPPORTING DOCUMENTATION: PARENT MUNICIPALITY
Debtors analysis
The debtor analysis provides an age analysis by revenue source and customer category.
Table SC3 Monthly budget statement Aged Debtors
Description
Budget Year 2014/15
31-60
Days
0-30 Days
61-90
Days
91-120
Days
121-150
Days
151-180
Days
181 DaysOver 1 Year
1 Year
Total
Total
over 90
days
R thousands
Actual Impair
Bad
ment Debts
Bad
Written Debts
Off
i.t.o
against Council
Debtors Policy
Debtors Age Analysis By Income Source
Trade and Other Receivables from Exchange
Transactions - Water
Trade and Other Receivables from Exchange
Transactions - Electricity
Receivables from Non-exchange
Transactions - Property Rates
Receivables from Exchange Transactions Waste Water Management
Receivables from Exchange Transactions Waste Management
Receivables from Exchange Transactions Property Rental Debtors
Interest on Arrear Debtor Accounts
Recoverable unauthorised, irregular, fruitless
and w asteful expenditure
Other
Total By Income Source
319,914
103,204
75,824
46,617
63,392
49,517
248,388
1,403,693
2,310,548
1,811,607
–
–
622,606
50,170
17,109
18,068
17,972
12,816
41,730
94,512
874,983
185,098
–
–
458,250
92,181
45,836
27,640
49,850
21,664
147,144
603,437
1,446,002
849,735
–
–
159,089
48,278
39,903
23,045
29,559
23,041
124,082
636,615
1,083,613
836,342
–
–
67,124
19,888
12,888
10,045
13,170
10,162
52,566
223,727
409,569
309,669
–
–
41,111
9,436
10,837
10,116
10,024
515,013
596,536
535,153
–
–
45,419
–
17,574
–
20,414
–
15,106
–
18,983
–
15,033
–
761,064
–
677,657
–
–
–
–
–
–
94,808
–
–
533,727
–
(93,247)
(44,230)
(15,576)
(11,684)
(23,562)
(21,135)
(79,976)
(186,725)
(476,136)
(323,083)
–
–
1,620,267
296,501
207,234
138,952
179,387
626,111
628,742
3,308,986
7,006,179
4,882,177
–
–
2013/14 - totals only
Debtors Age Analysis By Customer Group
38,967
12,846
13,012
5,960
(4,009)
(23,824)
(9,936)
45,404
78,420
13,595
–
–
Commercial
871,009
96,869
47,386
31,740
41,924
25,327
106,126
356,509
1,576,890
561,625
–
–
Households
818,448
231,422
164,596
110,769
145,616
625,519
575,229
2,961,015
5,632,612
4,418,148
–
–
(108,157)
(44,636)
(17,760)
(9,518)
(4,143)
(911)
(42,677)
(53,942)
(281,743)
(111,191)
–
–
1,620,267
296,501
207,234
138,952
179,387
626,111
628,742
3,308,986
7,006,179
4,882,177
–
–
Organs of State
Other
Total By Customer Group
Additional debtors information
Monthly Collection Rate
Period
12 Months
6 Months
3 Months
Monthly
Current year
96.03%
92.90%
96.03%
90.64%
Previous
year
97.03%
94.77%
96.50%
95.16%
YTD
Collection
Rate
96.76%
96.43%
95.88%
95.63%
12 Months Collection Ratio per Services
Services
Electricity
Water
Sewerage
Refuse
Rates
Other
30
Current year
98.24%
84.25%
88.52%
93.04%
98.16%
100.62%
Previous
year
99.70%
91.05%
90.68%
92.96%
99.56%
98.66%
YTD
Collection
Rate
99.28%
88.80%
91.65%
94.18%
98.59%
100.24%
Annexure A: In-year report (April 2015)
2014/15 Billings vs Receipts
Billings
R
1,957,772,594.77
2,253,395,142.71
2,171,870,466.03
2,099,995,541.53
2,171,329,415.03
2,190,493,155.94
2,290,257,330.52
2,250,212,182.30
2,130,835,408.89
2,209,970,570.54
Month
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
Receipts
R
1,930,402,632.45
2,064,186,076.16
2,224,853,509.17
2,216,521,082.71
1,906,365,369.49
2,091,456,281.56
1,975,756,606.65
2,036,385,305.12
2,289,672,572.06
2,003,085,916.70
Creditors analysis
The creditors’ analysis below contains an aged analysis by customer type.
Table SC4 Monthly budget Statement Aged Creditors
Budget Year 2014/15
Description
R thousands
030 Days
31 60 Days
61 90 Days
91 121 151 181 Days - Over 1
120 Days 150 Days 180 Days
1 Year
Year
Total
Prior year
totals
(same
period)
Creditors Age Analysis By Customer Type
Bulk Electricity
Bulk Water
PAYE deductions
VAT (output less input)
Pensions / Retirement deductions
Loan repayments
Trade Creditors
Auditor General
Other
Total By Customer Type
–
–
–
–
–
–
163,570
–
–
163,570
–
–
–
–
–
–
316
–
–
316
–
–
–
–
–
–
–
–
–
–
–
–
(1)
–
–
(1)
9
–
–
9
–
–
–
–
–
–
–
–
–
–
–
–
44
–
–
44
4
–
–
4
–
–
–
–
–
–
64
–
–
64
Outstanding commitments against Cash and Cash Equivalents
Item
Previous Month
Current Month
R'000
R'000
Closing Cash Balance
8,414,586
7,806,480
Unspent Conditional Grants
3,357,678
3,161,694
325,382
322,837
20,083
19,791
1,087
1,072
283,000
283,000
Housing Development
MTAB
Trust Funds
Financial commitments
Sinking Funds
Insurance reserves
-
-
521,178
527,664
CRR
1,074,213
1,028,144
TOTAL
5,582,621
5,344,202
TOTAL cash resources not committed
2,831,965
2,462,278
31
–
–
–
–
–
–
74
–
–
74
–
–
–
–
–
–
164,081
–
–
164,081
–
–
–
–
–
–
159,097
–
–
159,097
Annexure A: In-year report (April 2015)
Investment portfolio analysis
The investment portfolio analysis includes information on the institution where funds are
invested, period of investment, type of investment and accrued interest for the month.
Table SC5 Monthly Budget Statement investment portfolio
Investm ents by m aturity
Nam e of institution & investm ent ID
R thousands
Period of
Investm e
nt
Yrs/Mont
hs
Type of
Investm ent
Expiry date
of
investm ent
Accrued
interest
for the
m onth
Yield for Market value Change in Market value
the m onth at beginning
m arket
at end of the
(%)
of the m onth
value
m onth
ABSA
63
Fixed
2015/05/15
124
6.05%
25,000
124
25,124
ABSA
63
Fixed
2015/05/27
50
6.13%
10,000
50
10,050
ABSA
76
Fixed
2015/06/15
251
6.10%
50,000
251
50,251
ABSA
60
Fixed
2015/05/15
199
6.05%
40,000
199
40,199
ABSA
61
Fixed
2015/06/15
80
6.05%
30,000
80
30,080
ABSA
58
Fixed
2015/05/15
497
6.05%
100,000
497
100,497
ABSA
66
Fixed
2015/05/25
505
6.15%
100,000
505
100,505
ABSA
44
Fixed
2015/05/29
92
6.00%
35,000
92
35,092
Firstrand
183
Fixed
2015/09/30
58
7.12%
10,000
58
10,058
Firstrand
183
Fixed
2015/09/30
70
7.12%
12,000
70
12,070
Firstrand
183
Fixed
2015/09/30
53
7.12%
9,000
53
9,053
Firstrand
183
Fixed
2015/09/30
70
7.12%
12,000
70
12,070
Firstrand
58
Fixed
2015/05/15
367
5.95%
75,000
367
75,367
Firstrand
67
Fixed
2015/05/25
98
5.95%
20,000
98
20,098
Firstrand
66
Fixed
2015/05/25
49
5.95%
10,000
49
10,049
Firstrand
66
Fixed
2015/05/25
245
5.95%
50,000
245
50,245
Firstrand
64
Fixed
2015/05/27
147
5.95%
30,000
147
30,147
Firstrand
62
Fixed
2015/05/27
196
5.95%
40,000
196
40,196
Firstrand
56
Fixed
2015/05/25
121
5.91%
25,000
121
25,121
Firstrand
77
Fixed
2015/06/15
172
5.99%
35,000
172
35,172
Firstrand
63
Fixed
2015/06/15
73
5.95%
25,000
73
25,073
Firstrand
45
Fixed
2015/05/29
55
5.91%
20,000
55
20,055
Firstrand
56
Fixed
2015/06/15
107
5.91%
60,000
107
60,107
Firstrand
55
Fixed
2015/06/15
73
5.91%
45,000
73
45,073
Firstrand
27
Fixed
2015/05/25
39
5.88%
80,000
39
80,039
Firstrand
57
Fixed
2015/06/25
15
5.95%
45,000
15
45,015
Investec Bank
63
Fixed
2015/05/15
128
6.25%
25,000
128
25,128
Investec Bank
60
Fixed
2015/05/15
153
6.20%
30,000
153
30,153
Investec Bank
58
Fixed
2015/05/15
379
6.15%
75,000
379
75,379
Investec Bank
66
Fixed
2015/05/25
76
6.15%
15,000
76
15,076
Investec Bank
66
Fixed
2015/05/25
253
6.15%
50,000
253
50,253
Investec Bank
60
Fixed
2015/05/25
102
6.20%
20,000
102
20,102
Investec Bank
56
Fixed
2015/05/25
76
6.20%
15,000
76
15,076
Investec Bank
78
Fixed
2015/06/16
104
6.30%
20,000
104
20,104
Investec Bank
45
Fixed
2015/05/29
42
6.05%
15,000
42
15,042
Nedbank
76
Fixed
2015/06/15
75
6.10%
15,000
75
15,075
Nedbank
76
Fixed
2015/06/15
100
6.10%
20,000
100
20,100
Nedbank
63
Fixed
2015/05/27
99
6.05%
20,000
99
20,099
Nedbank
60
Fixed
2015/05/15
75
6.05%
15,000
75
15,075
Table continues on next page.
32
Annexure A: In-year report (April 2015)
Investm ents by m aturity
Nam e of institution & investm ent ID
R thousands
Period of
Investm e
Type of
nt
Investm ent
Yrs/Mont
hs
Expiry date
of
investm ent
Accrued
interest
for the
m onth
Yield for Market value Change in Market value
the m onth at beginning
m arket
at end of the
(%)
of the m onth
value
m onth
Nedbank
44
Fixed
2015/05/29
79
6.00%
30,000
79
30,079
Nedbank
44
Fixed
2015/05/29
53
6.00%
20,000
53
20,053
Nedbank
61
Fixed
2015/06/15
80
6.05%
30,000
80
30,080
Nedbank
58
Fixed
2015/05/15
497
6.05%
100,000
497
100,497
Nedbank
67
Fixed
2015/05/25
125
6.08%
25,000
125
25,125
Nedbank
66
Fixed
2015/05/25
75
6.05%
15,000
75
15,075
Nedbank
66
Fixed
2015/05/25
249
6.05%
50,000
249
50,249
Nedbank
64
Fixed
2015/05/27
199
6.05%
40,000
199
40,199
Nedbank
62
Fixed
2015/05/27
398
6.05%
80,000
398
80,398
Nedbank
77
Fixed
2015/06/15
125
6.10%
25,000
125
25,125
Nedbank
61
Fixed
2015/06/15
80
6.05%
30,000
80
30,080
Nedbank
63
Fixed
2015/06/15
104
6.05%
35,000
104
35,104
Nedbank
45
Fixed
2015/05/29
42
6.00%
15,000
42
15,042
Nedbank
56
Fixed
2015/06/15
55
6.05%
30,000
55
30,055
Nedbank
55
Fixed
2015/06/15
33
6.05%
20,000
33
20,033
Nedbank
27
Fixed
2015/05/25
7
5.85%
15,000
7
15,007
Nedbank
57
Fixed
2015/06/25
12
6.06%
35,000
12
35,012
Standard Bank
76
Fixed
2015/06/15
152
6.16%
30,000
152
30,152
Standard Bank
63
Fixed
2015/05/27
101
6.12%
20,000
101
20,101
Standard Bank
63
Fixed
2015/05/15
201
6.12%
40,000
201
40,201
Standard Bank
60
Fixed
2015/05/15
74
6.00%
15,000
74
15,074
Standard Bank
44
Fixed
2015/05/29
79
6.04%
30,000
79
30,079
Standard Bank
61
Fixed
2015/06/15
54
6.12%
20,000
54
20,054
Standard Bank
61
Fixed
2015/06/15
80
6.12%
30,000
80
30,080
Standard Bank
58
Fixed
2015/05/15
370
6.00%
75,000
370
75,370
Standard Bank
67
Fixed
2015/05/25
126
6.12%
25,000
126
25,126
Standard Bank
66
Fixed
2015/05/25
75
6.10%
15,000
75
15,075
Standard Bank
66
Fixed
2015/05/25
752
6.10%
150,000
752
150,752
Standard Bank
64
Fixed
2015/05/27
202
6.15%
40,000
202
40,202
Standard Bank
62
Fixed
2015/05/27
351
6.10%
70,000
351
70,351
Standard Bank
77
Fixed
2015/06/15
203
6.17%
40,000
203
40,203
Standard Bank
63
Fixed
2015/06/15
75
6.12%
25,000
75
25,075
Standard Bank
45
Fixed
2015/05/29
57
6.08%
20,000
57
20,057
Standard Bank
56
Fixed
2015/06/15
55
6.08%
30,000
55
30,055
Standard Bank
55
Fixed
2015/06/15
33
6.03%
20,000
33
20,033
Standard Bank
27
Fixed
2015/05/25
29
5.95%
60,000
29
60,029
Standard Bank
57
Fixed
2015/06/25
7
6.04%
20,000
7
20,007
5.60%
226,654
91,272
317,926
185,975
ABSA Bank call
ABSA current account
–
76,732
109,243
12,612
107,400
12,612
120,012
Fund Managers
24,874
4,415,874
24,874
4,440,748
–
233,734
–
7,524,660
Cash in transit
TOTAL INVESTMENTS AND INTEREST
33
185,493
5.35%
Liberty, RMB and Nedbank sinking f und
–
–
33,064
7,806,480
Annexure A: In-year report (April 2015)
Allocation and grant receipts and expenditure
Table SC7 Monthly Budget Statement transfers and grants expenditure
Description
2013/14
Audited
Outcome
Original
Budget
Adjusted
Budget
Budget Year 2014/15
YearTD
YearTD
YTD
actual
budget
variance
R thousands
Operating expenditure of Transfers and Grants
National Government:
Equitable share
Restructuring
Finance Management grant
Urban Settlements Development Grant
Public Transport Network Operations Grant
Energy Efficiency and Demand Side Management Grant
Dept of Environ Affairs and Tourism
Housing Accreditation
Expanded Public Works Programme
YTD
variance
%
420,240
1,919,255
2,358,756
359,655
472,068
(112,413)
-23.8%
2,336,322
376
1,503,173
1,505,392
2,500
4,918
(2,418)
-49.2%
1,505,392
1,191
1,191
219
1,250
990
409
458
(49)
-10.7%
990
57,826
114,142
209,526
51,759
99,124
(47,365)
-47.8%
190,973
217,101
217,498
442,968
264,172
271,883
(7,711)
1,728
900
599
59
35
224
200
4,510
57
200
38,192
20,804
–
–
–
–
1,191
-2.8%
442,968
24
67.0%
599
329
–
329
(329)
-100.0%
200
23
140
(117)
-83.7%
200
23,610
14,206
18,196
(3,990)
-21.9%
23,610
-76.2%
9,500
864
–
9,500
1,492
6,258
(4,766)
2014 African Nations Championship Host City Operating
Grant
LGSETA
45,060
–
87
(28)
87
(115)
-131.8%
236
(236)
-100.0%
Public Transport Infrastructure & Systems Grant
56,119
71
1.1%
Integrated City Development Grant
–
Public Transport Infrastructure Grant
–
Infrastructure Skills Development Grant
–
Municipal Disaster Grant
–
Municipal Human Settlements Capacity Grant
–
Department: Water Affairs
Provincial Government:
Cultural Affairs and Sport - Provincial library Services
Human Settlements - Human Settlement Development Grant
–
573,197
–
7,726
–
2,300
–
49,871
–
1,542,400
536
7,726
112,016
2,901
707
35,401
–
6,584
–
2,068
–
15,958
6,513
37,210
(37,210)
2,112
(44)
504
(504)
23,366
(7,408)
-31.7%
697
(245)
-35.1%
697
(101,507)
-15.8%
1,116,395
30,735
33,580
26,719
26,524
1,097,130
648,161
306,741
401,906
195
(95,166)
–
–
–
1,000
–
–
–
Health - TB
11,807
17,206
17,206
13,440
12,555
Health - Global Fund
35,296
37,555
38,994
32,969
33,747
Health - ARV
88,613
109,589
109,589
91,739
86,189
Health - Vaccines
Comprehensive Health
Transport and Public Works - Provision for persons with
special needs
Municipal Land Transport Fund
707
35,401
643,338
8,000
Health - Nutrition
3,201
452
22,008
–
-100.0%
112,016
541,831
299,584
3,690
-2.1%
536
7,726
697
1,000
Human Settlement - Settlement Assistance
-100.0%
87
1,116,395
712
Human Settlements - Municipal Accreditation Assistance
Full Year
Forecast
0.7%
-23.7%
33,580
648,161
8,000
1,000
885
7.0%
(779)
-2.3%
38,994
6.4%
109,589
5,551
4,385
4,636
4,636
3,567
3,477
66,724
70,956
70,956
54,113
59,136
155,960
155,960
10,000
10,075
10,075
6,716
3,360
50.0%
10,075
5,181
11
5,181
(5,170)
-99.8%
5,181
207
12.7%
2,200
1,390
–
1,895
10,888
–
–
–
90
17,206
(5,023)
2.6%
4,636
-8.5%
70,956
–
155,960
–
500
2,200
1,840
1,634
367
732
1,390
207
818
(611)
-74.6%
City of Cape Town - Public access centres
–
500
500
169
206
(37)
-17.8%
Planning, Maintenance and Rehabilitation of Transport
Systems and Infrastructure
Community Safety - LEAS
–
5,900
5,700
–
3,800
(3,800)
-100.0%
5,700
–
2,500
241
1,450
(1,209)
-83.4%
2,500
–
300
Transport Safety and Compliance - Rail Safety
Community Development Workers
Provincial Trasury - Western Cape Finance Management
Support Grant
Other grant providers:
Tourism
27,228
–
12,864
–
–
–
–
(11,293)
500
300
35,826
42,289
18,824
30,117
-37.5%
46,652
2,190
4,190
1,888
1,418
470
33.2%
4,190
Carnegie
1,583
3,057
3,057
1,262
2,211
(949)
-42.9%
3,057
CMTF
3,264
9,777
14,220
8,574
11,049
(2,474)
-22.4%
14,220
CID
2,764
2,969
2,840
2,581
2,581
438
468
468
157
174
(17)
-10.0%
468
1,135
1,017
1,135
(118)
-10.4%
1,135
Century City Property Owners Association
Traffic Free Flow (Pty) Ltd
Mamre Fencing
South African Biodiversity Institute (SANBI)
1,417
46
2,244
Sustainable Energy Africa
–
University Stellenbosch
51
DBSA - Green Fund
Agency Francaise de Development (AFD)
UN Women
–
V & A Waterfront Holdings (Pty) Ltd
–
–
–
482
17
3,544
–
2,856
–
–
2,840
-100.0%
17
(17)
3,221
(364)
-11.3%
-100.0%
17
3,544
424
424
1,781
1,781
–
10,000
10,000
–
4,679
316
308
–
150
–
–
148
85
5
–
–
–
–
–
–
NGK Ceramic Company
686
–
–
–
–
–
–
Finland Government
112
–
–
–
–
–
–
Cities for Climate Protection
144
–
–
–
–
–
–
ATKV
ICLEI Carbon Taxes
Total operating expenditure of Transfers and Grants
Table continues on next page.
34
111
1,006,301
–
3,497,481
–
3,517,441
212
(212)
95
1,336
(1,241)
-92.9%
–
6,300
(6,300)
-100.0%
308
(0)
50
(50)
-100.0%
150
106
(21)
-20.0%
148
–
920,309
–
1,145,523
–
(225,214)
0.0%
-19.7%
424
1,781
10,000
4,679
–
3,499,369
Annexure A: In-year report (April 2015)
Description
2013/14
Audited
Outcome
Original
Budget
Adjusted
Budget
Budget Year 2014/15
YearTD
YearTD
YTD
actual
budget
variance
R thousands
YTD
variance
Full Year
Forecast
%
Capital expenditure of Transfers and Grants
National Government:
Department of Environmental Affairs & Tourism: Marine
& Coastal Management
Department of Water Affairs & Forestry: Water Affairs &
Forestry Grant
Mineral Energy: Energy Efficiency and Demand Side
Management Grant
Minerals and Energy: Electricity Demand Side
Management (Eskom) Grant
Minerals and Energy: Integrated National Electrification
Programme (Municipal) Grant
National Government - Other: Previous years' Dora
allocations
National Treasury: Expanded Public Works Programme
National Treasury: Financial Management Grant
National Treasury: Infrastructure Skills Development
Grant
National Treasury: Integrated City Development Grant
National Treasury: Local Government Financial
Management Grant
National Treasury: Local Government Restructuring
Grant
National Treasury: Municipal Disaster Grant
National Treasury: Municipal Human Settlements
Capacity Grant
National Treasury: Neighbourhood Development
Partnership Grant
National Treasury: Other
National Treasury: Urban Settlements Development
Grant
Provincial and Local Government: Municipal
Infrastructure Grant (MIG Cities)
Sport & Recreation SA: 2010 Fifa Word Cup Stadiums
Development Grant
Sport Recreation: 2014 African Nation Championship
Host City Operating Grant
Transport: Public Transport Infrastructure & Systems
Grant
Transport: Public Transport Infrastructure Grant
Provincial Government:
Cultural Affairs and Sport: Development of Sport and
Recreation Facilities
Cultural Affairs and Sport: Library Services (Conditional
Grant)
Economic Development and Tourism: False Bay Ecology
Economic Development and Tourism: Public Access
Centres
Health: Global Fund
Housing: Integrated Housing and Human Settlement
Development Grant
Housing: Previous years' Gazetted allocations
Local Government: Multi-Purpose Centres
Other: Other
Provincial Government: Community Development
Workers (CDW) Operational Grant Support
Provincial Government: Fibre Optic Broadband Roll Out
Provincial Government: Previous years' Gazetted
allocations
Transport: Municipal Land Transport Fund
Transport and Public Works: Cape Metropolitan
Transport Fund
Transport and Public Works: Other
Transport and Public Works: Planning, Maintenance and
Rehabilitation of Transport System and Infratructure
Transport and Public Works: Implementation of
Impoundment Facilities
Other grant providers:
1,768,879
2,515,669
2,811,792
1,190,998
1,491,976
(300,978)
-20.2%
2,734,912
–
–
265
–
–
–
265
–
–
–
–
–
–
–
–
7,683
7,276
9,100
–
5,990
–
5,000
22,224
4,820
–
10,690
5,127
–
(307)
-6.0%
–
5,990
–
12,215
(1,525)
-12.5%
22,224
–
200
200
35
52
(17)
-31.9%
200
412
400
400
369
369
(0)
0.0%
400
841
99
–
–
599
300
451
–
362
–
89
–
24.6%
598
300
57,171
–
28,805
–
27,837
–
968
–
–
1,350
252
445
(193)
-43.4%
1,350
–
1,466
–
1,000
(1,000)
-100.0%
1,466
500
500
–
200
(200)
-100.0%
500
35,470
30,785
14,719
(8,564)
-58.2%
25,707
-52.7%
–
–
–
3,589
–
24,551
57,171
–
6,155
15,387
1,902
2,089
619
1,309
(690)
915,400
1,244,737
1,437,350
663,464
686,908
(23,444)
3,891
–
–
–
–
3,942
–
250
172
250
–
–
–
131,296
2,000
654,511
1,159,140
2,000
1,778
1,523
1
283,680
50
292,065
1,248,854
315,880
473,388
218,160
739,661
226,589
–
250
250
–
–
2,263
10,200
9,365
3,983
6,127
3.5%
-3.4%
–
(78)
(266,273)
(8,429)
250
–
16.8%
2,000
-36.0%
-3.7%
1,220,854
287,060
–
(2,145)
2,089
1,393,548
–
-31.4%
–
256
57,171
–
250
-35.0%
9,365
243
–
850
842
842
–
2,350
2,350
1,020
1,547
(527)
-34.1%
–
252,825
–
263,029
–
281,224
–
208,607
–
209,452
–
(846)
-0.4%
–
256,904
979
–
–
–
–
–
–
300
–
–
–
300
–
–
–
285
–
–
–
300
–
–
–
(15)
-4.9%
–
–
–
300
4,860
–
10,702
–
10,923
75
1,139
–
3,976
–
(2,837)
–
0
139
–
5,000
233
–
233
21,053
–
–
–
–
–
–
234
343
232
232
(0)
–
5,000
5,200
1,819
4,113
(2,294)
1,318
–
–
–
–
0.0%
850
2,350
-71.3%
6,423
75
-
5,000
–
0.0%
-55.8%
–
343
5,200
–
43,022
75,119
52,996
38,024
40,288
(2,264)
Other grant providers:
Total capital expenditure of Transfers and Grants
43,022
2,095,581
75,119
2,882,853
52,996
3,180,668
38,024
1,447,182
40,288
1,758,854
(2,264)
(311,671)
-5.6%
-17.7%
52,496
3,074,469
TOTAL EXPENDITURE OF TRANSFERS AND GRANTS
3,101,882
6,380,334
6,679,371
2,270,334
2,715,081
(444,747)
-16.4%
6,573,172
35
-5.6%
52,496
Annexure A: In-year report (April 2015)
Expenditure on councillor and board members allowances and employee benefits
Table SC8 Monthly Budget Statement - councillor and staff benefits
Sum m ary of Em ployee and Councillor
rem uneration
Budget Year 2014/15
2013/14
Audited
Outcom e
Original
Budget
Adjusted
Budget
YearTD
actual
YearTD
budget
YTD
variance
R thousands
YTD
variance
Full Year
Forecast
%
Councillors (Political Office Bearers plus Other)
Basic Salaries and Wages
Pension and UIF Contributions
104,001
4,583
115,624
–
115,624
86,149
91,866
(5,717)
-6.2%
115,624
5,360
3,850
4,467
(617)
-13.8%
5,360
Medical Aid Contributions
–
–
–
–
–
–
–
Motor Vehicle Allow ance
–
–
–
–
–
–
–
Cellphone Allow ance
–
–
–
–
–
–
–
Housing Allow ances
–
–
–
–
–
–
Other benefits and allow ances
11,125
17,994
12,634
11,325
10,528
119,709
133,618
11.6%
133,618
11.6%
101,324
106,861
17,631
21,182
21,182
17,391
1,273
1,392
1,392
1,159
237
234
234
–
–
Performance Bonus
145
Motor Vehicle Allow ance
–
7.6%
12,634
(5,537)
-5.2%
133,618
11.6%
17,652
(261)
-1.5%
21,182
1,160
(1)
-0.1%
1,392
180
195
(15)
-7.7%
234
–
–
–
–
–
–
–
–
–
431
567
567
473
472
Cellphone Allow ance
137
179
179
106
149
(43)
Housing Allow ances
–
–
–
–
–
–
88
88
64
73
(9)
Sub Total - Councillors
% increase
797
Senior Managers of the Municipality
Basic Salaries and Wages
Pension and UIF Contributions
Medical Aid Contributions
Overtime
Other benefits and allow ances
287
1
Payments in lieu of leave
–
–
–
408
–
408
Long service aw ards
–
–
–
–
–
–
Post-retirement benefit obligations
–
–
–
–
–
–
Sub Total - Senior Managers of Municipality
20,141
23,642
17.4%
23,642
17.4%
19,781
19,701
% increase
80
–
–
0.2%
567
-28.9%
179
–
-12.3%
88
–
–
-
–
0.4%
23,642
17.4%
Other Municipal Staff
Basic Salaries and Wages
4,634,751
6,181,730
6,024,749
5,009,681
5,071,734
(62,053)
-1.2%
6,024,749
Pension and UIF Contributions
753,113
1,089,465
1,014,658
838,207
845,351
(7,144)
-0.8%
1,014,658
Medical Aid Contributions
439,337
562,394
557,362
467,490
464,466
3,024
0.7%
557,362
Overtime
328,082
329,014
396,541
284,979
312,230
-8.7%
396,541
(2,012)
-1.2%
197,729
13,824
Performance Bonus
Motor Vehicle Allow ance
–
–
–
–
–
(27,251)
–
–
180,012
180,604
197,729
163,211
165,223
Cellphone Allow ance
13,230
13,746
13,824
11,264
11,401
(137)
-1.2%
Housing Allow ances
29,266
26,534
30,792
23,645
25,663
(2,018)
-7.9%
30,792
172,265
194,824
205,321
155,015
168,360
(13,345)
-7.9%
205,321
Payments in lieu of leave
76,816
100,550
104,202
84,943
86,804
(1,861)
-2.1%
104,202
Long service aw ards
73,013
66,265
64,353
39,624
53,153
(13,529)
-25.5%
64,353
495,852
171,715
171,738
142,138
143,100
(962)
-0.7%
171,738
7,195,737
8,916,841
23.9%
8,781,269
22.0%
7,220,197
7,347,485
(127,288)
-1.7%
8,781,269
22.0%
7,335,587
9,074,101
8,938,529
7,341,302
7,474,047
(132,745)
-1.8%
8,938,529
Other benefits and allow ances
Post-retirement benefit obligations
Sub Total - Other Municipal Staff
% increase
Total Parent Municipality
36
Annexure A: In-year report (April 2015)
The table below reflects the percentage variance for councilor and staff benefits, reasons
for material deviations and the remedial action thereof.
Description
Councillors (Political Office Bearers
plus Other)
Basic Salaries and Wages
Pension and UIF Contributions
Other benefits and allowances
Senior Managers of the Municipality
YTD Variance
R Thousands
(5,717)
(617)
797
Basic Salaries and Wages
Medical Aid Contributions
Cellphone Allowance
Other benefits and allowances
Payments in lieu of leave
Other Municipal Staff
Basic Salaries and Wages
(62,053)
Pension and UIF Contributions
(7,144)
Medical Aid Contributions
Overtime
Motor Vehicle Allowance
Cellphone Allowance
Housing Allowances
Other benefits and allowances
Payments in lieu of leave
Long service awards
Post-retirement benefit obligations
37
(261)
(15)
(43)
(9)
408
3,024
(27,251)
(2,012)
(137)
(2,018)
(13,345)
(1,861)
(13,529)
(962)
YTD
Variance
%
Reasons for material deviations
Remedial or corrective steps/remarks
-6.2% Immaterial variance.
-13.8% Immaterial variance.
7.6% Immaterial variance.
No remedial action needed.
No remedial action needed.
No remedial action needed.
-1.5%
-7.7%
-28.9%
-12.3%
0.0%
No remedial action needed.
No remedial action needed.
No remedial action needed.
No remedial action needed.
No remedial action needed.
Immaterial variance.
Immaterial variance.
Immaterial variance.
Immaterial variance.
Immaterial variance.
-1.2% The variance is mainly due to the turnaround time of filling
vacancies, the impact of filling vacant posts internally as well
as the appointment of seasonal workers and temporary staff,
which is dependent on peak seasons.
-0.8% The variance is mainly due to the turnaround time in filling
vacancies and the internal filling of vacant posts.
0.7% The variance is mainly due to the impact of the turnaround
time in filling vacancies.
-8.7% The variance is mainly on:
1. Safety and Security (R7.7 million under), due to staff
being transferred to the shift system, which has resulted in
lesser overtime claims. Lower than anticipated overtime
expenditure required for fire services further contributed to
this variance.
2. Solid Waste (R14.6 million under), mainly due to
fewer refuse removal truck breakdowns resulting in lower
year-to-date overtime requirements. This has also resulted
to the misalignment of the period budget with the actual
expenditure.
-1.2% The variance is mainly due to the impact of the turnaround
time in filling vacancies.
-1.2% Immaterial variance.
-7.9% Immaterial variance.
-7.9% The variance is due to the non-alignment of the period
budget with actual expenditure on Allowance: Other and
Standby Allowance, which is based on claims submitted.
-2.1% Payments are dependent on employees' service termination
and encashment of leave days, which is difficult to plan
accurately per month.
-25.5% Payments are dependent on whether qualifying employees
exercise their option to convert leave days to cash, which is
difficult to plan accurate per monthly cycles.
-0.7% Immaterial variance.
The filling of vacancies is on-going and seasonal staff are
appointed as and when required. Savings realised to date
have been set aside and ring-fenced within investment
accounts to cover unfunded corporate initiatives.
The filling of vacancies is on-going. Savings realised to date
have been set aside and ring-fenced within investment
accounts to cover unfunded corporate initiatives.
No remedial action needed.
Journals and virements, to ensure that expenditure is posted to
the correct general ledger accounts, will be processed and
alignment of the period budget with the actual expenditure will
be undertaken.
No remedial action needed.
No remedial action needed.
No remedial action needed.
No remedial action needed.
The balance of the budgetary provisions will be transferred to
the leave pay provision at financial year-end in accordance
with GRAP 19.
The balance of the budgetary provisions will be transferred to
the long service provision at financial year-end in accordance
with GRAP 19.
No remedial action needed.
Annexure A: In-year report (April 2015)
Capital programme performance
The capital programme performance tables provide details of capital expenditure by month;
and summaries of capital expenditure by asset class and sub-class.
Table SC12 Monthly Budget Statement - capital expenditure trend
2013/14
Month
R thousands
Budget Year 2014/15
Audited
Original
Adjusted
YearTD
YearTD
YTD
Outcome
Budget
Budget
actual
budget
variance
YTD
% spend of
variance
Original
%
Budget
Monthly expenditure performance trend
July
52,401
135,515
39,957
38,964
39,957
993
2.5%
0.6%
August
198,025
279,404
202,954
241,786
242,911
1,125
0.5%
3.9%
September
255,735
461,448
327,384
568,959
570,295
1,336
0.2%
9.2%
October
284,835
402,354
395,340
965,432
965,635
203
0.0%
15.5%
Nov ember
341,978
465,382
427,838
1,396,877
1,393,473
(3,404)
-0.2%
22.5%
December
490,309
390,410
381,069
1,787,557
1,774,542
(13,015)
-0.7%
28.8%
January
63,338
256,268
132,063
1,906,477
1,906,606
129
0.0%
30.7%
February
282,952
505,716
258,596
2,163,788
2,165,201
1,414
0.1%
34.8%
March
380,479
558,353
452,194
2,521,884
2,617,395
95,511
3.6%
40.6%
April
378,773
631,070
769,893
2,946,283
3,387,289
441,006
13.0%
47.4%
May
456,073
696,878
862,912
4,250,200
–
June
1,317,394
1,428,519
1,878,020
6,128,220
–
4,502,293
6,211,315
6,128,220
Total Capital expenditure
The monthly expenditure-to-date measured against the 2014/15 current budget is
graphically illustrated below.
2,000
Plan
1,800
Actuals
1,600
Millions
1,400
1,200
Actual YTD spend for
April: 48.08%
1,000
800
600
400
200
0
Jul
38
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Annexure A: In-year report (April 2015)
The capital expenditure trend for the City for the 2012/13, 2013/14 and 2014/15 financial
years is graphically illustrated below.
7,000
2012/2013
2013/2014
6,000
2014/2015
Millions
5,000
4,000
3,000
2,000
1,000
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
The table below reflects the City’s 2014/15 capital commitments as at 30 April 2015.
Directorate
City Manager
Compliance & Auxiliary Services
Utility Services
Utility Services Support
Cape Town Electricity
Solid Waste Management
Water & Sanitation
Community Services
Transport for Cape Town
Finance
Corporate Services
City Health
Safety & Security
Human Settlements
* Commitments for
2014/15
R
6,215,816
490,367
485,357,158
21,318
133,244,142
94,559,992
257,531,705
52,864,202
379,200,919
48,935,417
209,191,652
6,263,721
27,094,972
138,544,865
Energy, Environmental & Spatial Planning
14,702,598
Tourism, Events & Economic Development
17,678,339
Social Dev & Early Childhood Development
8,112,022
TOTAL
1,394,652,048
* Commitments currently reflecting on SAP for the 2014/15 financial year may not necessarily result
in actual expenditure.
39
Annexure A: In-year report (April 2015)
Table SC13a Monthly Budget Statement - capital expenditure on new assets by asset
class
2013/14
Description
Budget Year 2014/15
Audited
Original
Adjusted
YearTD
YearTD
YTD
YTD
Full Year
Outcome
Budget
Budget
actual
budget
variance
variance
Forecast
R thousands
%
Capital expenditure on new assets by Asset Class/Sub-class
Infrastructure
Infrastructure - Road transport
Roads, Pav ements & Bridges
Storm w ater
Infrastructure - Electricity
Generation
Transmission & Reticulation
Street Lighting
1,656,571
2,364,215
1,988,518
1,023,612
1,186,526
162,914
13.7%
1,884,936
666,729
1,002,469
926,209
427,631
565,591
137,960
24.4%
913,809
615,030
876,646
856,361
384,205
521,491
137,287
26.3%
848,072
51,699
125,822
69,848
43,427
44,100
673
1.5%
65,737
607,595
609,204
546,388
294,043
298,765
4,723
1.6%
496,896
2.3%
438,508
–
565,731
–
559,768
–
486,997
–
259,057
–
–
265,264
6,208
–
41,864
49,436
59,391
34,986
33,501
(1,485)
-4.4%
58,388
Infrastructure - Water
156,526
244,904
184,850
103,489
103,160
(329)
-0.3%
174,363
Dams & Reserv oirs
26,797
77,411
42,789
17,577
20,741
3,164
15.3%
38,818
Water purification
Reticulation
Infrastructure - Sanitation
Reticulation
Sew erage purification
–
6,000
–
–
–
–
–
129,729
161,493
142,061
85,912
82,419
(3,493)
-4.2%
135,546
162,452
278,173
159,365
88,907
87,516
(1,391)
-1.6%
133,227
162,452
276,873
159,065
88,907
87,516
(1,391)
-1.6%
132,927
1,300
300
16.7%
166,641
–
–
–
–
300
Infrastructure - Other
63,269
229,465
171,706
109,542
131,494
21,951
Waste Management
24,975
159,000
137,000
99,315
109,592
10,277
9.4%
137,000
Transportation
35,853
63,849
21,793
1,526
10,009
8,483
84.8%
16,727
Gas
–
–
–
–
–
–
–
Other
2,441
6,617
12,913
8,701
11,892
3,191
26.8%
12,913
Community
61,334
124,220
99,328
47,806
49,585
1,779
3.6%
95,922
Parks & gardens
1,727
2,231
2,892
2,247
2,392
145
6.1%
2,892
Sportsfields & stadia
7,185
3,500
2,211
746
648
(98)
-15.1%
2,211
–
–
–
Sw imming pools
Community halls
Libraries
–
–
–
14,808
13,248
3,484
3,573
89
2.5%
13,243
16,114
40,316
52,259
28,678
28,038
(640)
-2.3%
52,259
87.6%
1,264
Recreational facilities
15
Fire, safety & emergency
–
Security and policing
–
–
–
–
–
–
Buses
–
–
–
–
–
–
Clinics
8,862
Museums & Art Galleries
–
Cemeteries
–
Social rental housing
Other
Heritage assets
–
2,364
–
1,264
6,700
–
–
1,264
2,564
–
148
1,344
–
1,190
2,364
–
1,042
1,020
–
–
–
43.2%
2,564
–
–
–
–
7,542
20
–
–
–
–
18,763
32,300
18,275
10,318
10,338
20
0.2%
14,875
6,304
15,558
6,594
842
1,042
200
19.2%
6,594
20
204
–
–
–
–
–
–
–
–
–
–
–
–
–
204
–
–
–
–
–
–
Investment properties
–
–
–
–
–
–
–
Housing dev elopment
–
–
–
–
–
–
–
Other
–
–
–
–
–
–
Buildings
Other
Other assets
General v ehicles
Specialised v ehicles
Plant & equipment
–
720,963
1,003,781
1,435,099
438,661
560,909
122,248
21.8%
1,428,481
153,746
347,399
386,958
152,757
214,852
62,096
28.9%
386,858
24.7%
398,990
–
–
–
–
–
–
–
271,961
402,068
404,515
159,016
211,300
52,283
Computers - hardw are/equipment
67,356
71,477
73,335
47,735
46,578
(1,157)
-2.5%
74,299
Furniture and other office equipment
34,315
41,540
46,524
26,029
30,198
4,169
13.8%
46,666
Abattoirs
–
–
–
–
–
–
Markets
–
–
–
–
–
–
Civ ic Land and Buildings
Other Buildings
Other Land
Surplus Assets - (Inv estment or Inv entory )
Other
Total Capital Expenditure on new assets
–
–
31,152
10,834
3,293
1,712
974
(738)
-75.8%
103,804
116,100
100,198
35,086
40,654
5,568
13.7%
98,198
58,101
14,150
420,050
16,100
16,127
27
0.2%
419,950
–
3,293
–
–
–
–
–
529
213
227
226
226
(0)
0.0%
226
–
2,439,073
3,492,215
3,522,945
1,510,079
1,797,020
286,941
16.0%
3,409,339
Refuse
–
–
–
–
–
–
-
–
Fire
–
–
–
–
–
–
-
–
Conserv ancy
–
–
–
–
–
–
-
–
Ambulances
–
–
–
–
–
–
-
–
References
–
–
–
–
–
–
-
–
40
Annexure A: In-year report (April 2015)
Table SC13b Monthly Budget Statement - capital expenditure on renewal of existing
assets by asset class
2013/14
Description
Budget Year 2014/15
Audited
Original
Adjusted
YearTD
YearTD
YTD
YTD
Full Year
Outcome
Budget
Budget
actual
budget
variance
variance
Forecast
R thousands
%
Capital expenditure on renewal of existing assets by Asset Class/Sub-class
Infrastructure
Infrastructure - Road transport
Roads, Pav ements & Bridges
Storm w ater
Infrastructure - Electricity
Generation
Transmission & Reticulation
Street Lighting
Infrastructure - Water
1,094,900
1,653,963
1,546,327
840,154
943,489
103,334
11.0%
1,482,559
217,144
353,351
423,888
207,105
269,882
62,777
23.3%
396,222
175,031
342,551
401,269
198,904
255,360
56,456
22.1%
371,103
42,113
10,800
22,619
8,201
14,522
6,320
43.5%
25,119
305,626
477,451
347,414
182,570
176,152
(6,418)
-3.6%
336,853
-3.6%
336,853
-5.3%
311,793
88
305,540
(2)
225,244
–
477,451
–
–
347,414
–
253,966
319,872
–
182,570
–
217,085
–
206,111
–
(6,418)
–
–
(10,974)
–
Dams & Reserv oirs
–
2,092
2,092
500
500
100.0%
500
Water purification
–
2,000
6,140
2,215
1,638
(577)
-35.2%
6,140
225,244
249,874
311,639
214,870
203,973
(10,897)
-5.3%
305,153
227,906
351,120
351,299
197,869
229,582
31,714
13.8%
333,904
70,321
109,150
89,655
43,688
49,002
5,314
10.8%
77,899
157,585
241,970
261,644
154,181
180,580
26,399
14.6%
256,005
Infrastructure - Other
118,979
218,074
103,855
35,526
61,762
26,236
42.5%
103,787
Waste Management
41,645
166,764
20,756
12,413
12,865
452
3.5%
20,756
Transportation
75,108
48,700
80,770
21,847
47,112
25,265
53.6%
80,731
Reticulation
Infrastructure - Sanitation
Reticulation
Sew erage purification
Gas
Other
Community
–
–
–
–
–
176,152
–
–
–
–
2,225
2,610
2,329
1,265
1,785
520
29.1%
2,299
442,234
480,953
581,301
367,768
395,479
27,712
7.0%
543,580
Parks & gardens
56,223
26,671
60,602
37,098
40,203
3,105
7.7%
60,596
Sportsfields & stadia
34,075
61,848
63,930
37,347
41,176
3,829
9.3%
63,890
7,635
2,277
2,174
(103)
-4.7%
7,635
7,000
8,886
3,779
4,863
1,084
22.3%
8,841
6,788
6,859
3,453
4,165
711
17.1%
6,859
Sw imming pools
170
Community halls
19,161
Libraries
–
–
Recreational facilities
6,773
350
522
123
121
(1)
-1.0%
522
Fire, safety & emergency
2,800
1,499
1,501
1,127
1,191
64
5.4%
1,501
Security and policing
–
–
–
–
–
–
Buses
–
–
–
–
–
–
Clinics
Museums & Art Galleries
Cemeteries
Social rental housing
Other
Heritage assets
Buildings
Other
Other assets
11,211
–
11,625
–
14,075
7,868
8,745
877
–
–
10.0%
14,074
190
168
165
(3)
-1.5%
190
9,692
21,950
6,262
1,190
2,243
1,053
47.0%
6,262
297,276
342,147
408,359
271,648
288,576
16,929
5.9%
370,540
4,853
1,074
2,480
1,691
1,857
166
8.9%
2,670
500
850
1,339
345
715
370
51.7%
1,339
500
850
1,339
345
715
370
51.7%
1,339
–
–
–
–
–
–
–
525,586
583,335
476,307
227,936
250,585
22,649
9.0%
474,063
General v ehicles
98,390
41,591
66,353
38,241
37,013
(1,228)
-3.3%
66,274
Specialised v ehicles
64,004
84,000
62,565
12,405
12,753
348
2.7%
62,565
Plant & equipment
22,219
29,306
29,951
14,874
16,828
1,954
11.6%
29,233
123,936
103,202
124,514
71,137
81,650
10,512
12.9%
124,552
12,601
13,333
34,144
2,888
12,773
9,885
77.4%
34,050
Computers - hardw are/equipment
Furniture and other office equipment
Abattoirs
–
–
–
–
–
–
Markets
783
350
200
128
117
(10)
-8.7%
200
Civ ic Land and Buildings
Other Buildings
63,665
98,545
57,442
29,988
27,746
(2,241)
-8.1%
57,442
139,245
211,009
100,232
58,115
61,102
2,986
4.9%
98,839
Other Land
–
–
–
–
–
–
Surplus Assets - (Inv estment or Inv entory )
–
–
–
–
–
–
Other
Total Capital Expenditure on renewal of
–
–
–
743
2,000
907
160
603
443
73.4%
907
2,063,220
2,719,100
2,605,275
1,436,203
1,590,268
154,065
9.7%
2,501,542
64,004
84,000
62,565
12,405
12,753
348
2.7%
62,565
64,004
84,000
62,565
12,405
12,753
348
2.7%
62,565
existing assets
Specialised vehicles
Refuse
Fire
–
–
–
–
–
–
-
–
Conserv ancy
–
–
–
–
–
–
-
–
Ambulances
–
–
–
–
–
–
-
–
41
Annexure A: In-year report (April 2015)
Table SC13c Monthly Budget Statement - expenditure on repairs and maintenance by
asset class
2013/14
Description
R thousands
Budget Year 2014/15
Audited
Original
Adjusted
YearTD
YearTD
Outcom e
Budget
Budget
actual
budget
YTD variance
YTD variance
Full Year
%
Forecast
Repairs and m aintenance expenditure by Asset Class/Sub-class
Infrastructure
Infrastructure - Road transport
Roads, Pav ements & Bridges
Storm w ater
Infrastructure - Electricity
Generation
1,056,994
1,157,488
1,156,684
845,743
907,149
61,406
6.8%
1,156,684
508,687
617,412
614,849
421,263
482,593
61,330
12.7%
614,849
508,687
617,412
614,849
421,263
482,593
61,330
12.7%
614,849
–
–
–
–
–
–
–
348,592
354,430
367,407
275,897
306,126
30,229
9.9%
367,407
348,592
354,430
367,407
275,897
306,126
30,229
9.9%
367,407
Transmission & Reticulation
–
–
–
–
–
–
Street Lighting
–
–
–
–
–
–
–
–
Infrastructure - Water
65,935
59,414
41,863
38,713
31,660
(7,053)
-22.3%
41,863
Dams & Reservoirs
65,935
59,414
41,863
38,713
31,660
(7,053)
-22.3%
41,863
Water purification
–
–
–
–
–
–
Reticulation
–
–
–
–
–
–
Infrastructure - Sanitation
Reticulation
Sewerage purification
Infrastructure - Other
–
–
97,167
88,138
94,897
88,293
71,749
(16,544)
-23.1%
94,897
97,167
88,138
94,897
88,293
71,749
(16,544)
-23.1%
94,897
-43.6%
37,668
–
36,612
–
38,094
–
37,668
–
21,577
–
15,022
–
(6,555)
–
Waste Management
–
–
–
–
–
–
–
Transportation
–
–
–
–
–
–
–
Gas
–
–
–
–
–
–
Other
Com m unity
Parks & gardens
36,612
38,094
37,668
21,577
15,022
(6,555)
81,839
82,389
84,181
53,302
65,249
11,093
7,287
7,284
8,796
5,943
18.3%
84,181
(2,853)
-48.0%
7,284
–
Sw imming pools
4,230
102
67
5,544
53
(5,491)
-10304.0%
Community halls
7,244
2,591
1,678
4,583
1,348
(3,235)
-240.1%
(262)
Fire, safety & emergency
–
11,946
1,473
Recreational facilities
365
37,668
Sportsfields & stadia
Libraries
–
–
-43.6%
(365)
180
669
672
871
609
-42.9%
672
66,213
67,429
28,467
51,387
22,920
44.6%
67,429
30.9%
521
407
521
521
280
405
125
–
–
–
–
–
–
Buses
–
–
–
–
–
–
Museums & Art Galleries
Cemeteries
Social rental housing
Other
Heritage assets
Buildings
Other
67
1,678
47,602
Security and policing
Clinics
–
1,688
–
6,061
–
2,512
–
1,465
–
3,058
–
2,830
2,075
–
2,638
1,020
–
–
–
1,018
512
790
278
14,217
15,199
14,886
16,323
10,668
14,217
15,199
–
14,886
–
16,323
–
10,668
–
49.2%
2,454
-7.2%
3,058
35.2%
1,018
-53.0%
14,886
-53.0%
14,886
–
(191)
1,029
–
–
1,055
1,861
–
–
2,454
–
(5,655)
–
–
–
(5,655)
–
Investm ent properties
–
–
–
–
–
–
–
Housing dev elopment
–
–
–
–
–
–
–
Other
–
–
–
–
–
–
Other assets
General v ehicles
Specialised v ehicles
Plant & equipment
–
1,752,321
1,894,279
1,874,634
1,305,906
1,467,201
161,294
11.0%
1,874,634
136,885
137,258
136,955
111,543
116,744
5,202
4.5%
136,955
933
11.1%
13,436
–
9,955
–
–
–
–
13,516
13,436
7,509
8,442
–
–
Computers - hardw are/equipment
234,390
294,350
307,431
197,147
237,301
40,154
16.9%
307,431
Furniture and other office equipment
967,841
1,021,188
994,609
678,063
781,577
103,514
13.2%
994,609
Abattoirs
–
–
–
–
–
–
Markets
–
–
–
–
–
–
Civ ic Land and Buildings
Other Buildings
Other Land
Surplus Assets - (Inv estment or Inv entory )
Other
Total Repairs and Maintenance Expenditure
Specialised vehicles
66,766
72,965
72,974
43,944
59,595
15,651
1,651
1,860
1,860
1,779
1,519
(260)
110,407
110,197
111,139
80,373
76,840
(3,533)
–
–
–
–
–
224,425
242,945
236,229
185,548
185,183
2,905,370
3,149,355
3,130,384
2,221,274
2,450,266
–
–
26.3%
-17.1%
228,992
1,860
-4.6%
111,139
-0.2%
236,229
9.3%
3,130,384
–
(365)
72,974
–
–
–
–
–
–
–
-
–
Refuse
–
–
–
–
–
–
-
–
Fire
–
–
–
–
–
–
-
–
Conserv ancy
–
–
–
–
–
–
-
–
Ambulances
–
–
–
–
–
–
-
–
42
Annexure A: In-year report (April 2015)
PART 3 – CONSOLIDATED IN-YEAR REPORT
Consolidated Monthly Budget Statement Summary
Description
R thousands
Current Year 2014/15
2013/14
Audited
Outcome
Original
Budget
Adjusted
Budget
YearTD actual YearTD budget
YTD
variance
YTD
variance %
Full Year
Forecast
Financial Performance
Property rates
Service charges
Investment revenue
Transfers recognised - operational
Other own revenue
Total Revenue (excluding capital transfers and
contributions)
Employee costs
Remuneration of Councillors
Remuneration of Directors
Depreciation & asset impairment
Finance charges
Materials and bulk purchases
Transfers and grants
Other expenditure
Total Expenditure
Surplus/(Deficit)
Transfers recognised - capital
Contributions recognised - capital & contributed assets
5,546,774
5,942,513
5,964,279
4,993,955
4,789,314
204,641
4.3%
5,964,279
13,903,679
15,262,264
15,184,641
12,666,514
12,575,616
90,898
0.7%
15,184,641
472,292
292,750
296,292
467,372
290,433
176,939
60.9%
296,292
2,399,033
3,498,169
3,518,129
2,495,635
2,757,127
(261,493)
-9.5%
3,518,129
3,926,120
26,247,898
3,570,063
28,565,757
4,306,539
29,269,879
4,218,061
24,841,536
3,849,424
24,261,914
368,637
579,622
9.6%
2.4%
4,306,539
29,269,879
8,682,573
8,984,807
8,851,723
7,276,469
7,405,741
(129,272)
-1.7%
8,851,723
119,709
133,619
133,619
101,324
106,861
(5,537)
-5.2%
133,619
445
289
850
258
591
(333)
-56.4%
850
1,805,844
2,181,042
2,041,548
1,594,336
1,681,348
(87,012)
-5.2%
2,041,548
807,283
919,232
912,241
623,499
623,697
(199)
-0.0%
912,241
6,890,385
7,437,129
7,438,102
5,548,708
5,540,038
8,670
0.2%
7,438,102
115,021
125,354
140,900
122,059
124,225
(2,166)
-1.7%
140,900
8,270,520
26,691,780
9,050,848
28,832,320
9,993,751
29,512,734
6,221,635
21,488,288
6,789,191
22,271,692
(567,556)
(783,404)
-8.4%
-3.5%
9,993,751
29,512,734
(443,881)
(266,562)
(242,855)
3,353,247
1,990,221
1,363,026
68.5%
(242,855)
2,052,758
2,817,627
3,128,658
1,409,312
1,721,025
(311,713)
-18.1%
3,128,658
3,512
76,408
65,226
52,010
42,814
39,302
Surplus/(Deficit) after capital transfers &
contributions
Taxation
1,685,285
2,616,291
2,937,813
4,805,373
3,750,548
8,252
4,990
5,361
14,631
5,919
Surplus/(Deficit) after Taxation
1,677,033
2,611,301
2,932,452
4,790,742
3,744,629
2,932,452
6,533
1,670,500
3,621
2,607,680
4,148
2,928,304
11,321
4,779,421
4,663
3,739,965
4,148
2,928,304
Total current assets
10,035,121
10,605,522
10,933,199
15,172,967
10,956,526
Total non current assets
35,022,992
37,893,274
37,601,720
33,168,985
37,601,720
Attributable to minorities
Surplus/ (Deficit) for the year
8.9%
52,010
2,937,813
8,712
147.2%
5,361
Financial position
Total current liabilities
8,216,752
7,370,680
7,230,671
6,443,853
7,230,671
Total non current liabilities
12,452,302
13,005,691
13,883,258
12,739,896
13,883,258
Total Community wealth/Equity
24,389,058
28,122,425
27,420,990
29,158,203
27,444,317
Cash flows
Net cash from (used) operating
4,557,911
5,663,503
5,322,565
4,917,263
5,045,827
(128,563)
-3%
5,322,565
Net cash from (used) investing
(6,130,767)
(6,556,917)
(7,293,694)
(3,114,589)
(3,663,377)
548,788
-15%
(7,293,694)
(83,994)
1,454,051
1,707,159
(38,544)
71,462
(110,006)
-154%
1,707,159
6,597,364
7,518,925
6,333,716
8,361,817
8,212,429
Net cash from (used) financing
Cash/cash equivalents at the year end
43
6,333,716
Annexure A: In-year report (April 2015)
Consolidated Monthly Budget Statement – Financial Performance (revenue and
expenditure)
Current Year 2014/15
2013/14
Description
Audited
Outcome
Original
Budget
Adjusted
Budget
Monthly actual YearTD actual YearTD budget
YTD variance
R thousands
YTD variance
Full Year
Forecast
%
Revenue By Source
Property rates
Property rates - penalties & collection charges
5,546,774
–
5,942,513
–
5,964,279
–
487,387
–
4,993,955
–
4,789,314
–
204,641
4.1%
5,964,279
–
–
Service charges - electricity revenue
9,323,160
10,072,265
10,071,811
811,713
8,261,251
8,287,249
(25,998)
-0.3%
10,071,811
Service charges - water revenue
2,185,812
2,540,080
2,464,487
248,742
2,141,083
2,088,572
52,511
2.5%
2,464,487
Service charges - sanitation revenue
1,188,106
1,338,202
1,316,720
122,739
1,127,036
1,106,760
20,276
1.8%
1,316,720
Service charges - refuse revenue
920,173
989,912
970,912
81,295
813,717
809,093
4,624
0.6%
970,912
Service charges - other
286,429
321,805
360,711
39,338
323,427
283,942
39,485
12.2%
360,711
Rental of facilities and equipment
401,348
442,959
443,885
40,120
379,290
372,734
6,556
1.7%
443,885
Interest earned - external investments
472,292
292,750
296,292
54,710
467,372
290,433
176,939
37.9%
296,292
Interest earned - outstanding debtors
192,312
208,262
197,086
18,222
174,989
160,988
14,001
8.0%
197,086
916,393
Dividends received
Fines
–
729,139
–
175,648
–
916,393
–
119,933
–
1,053,056
–
–
–
763,661
289,396
27.5%
44,386
40,388
40,988
2,972
35,949
33,860
2,089
5.8%
40,988
150,256
150,439
153,993
12,587
134,792
127,829
6,963
5.2%
153,993
Transfers recognised - operational
2,399,033
3,498,169
3,518,129
97,158
2,495,635
2,757,127
(261,493)
-10.5%
3,518,129
Other revenue
2,343,773
2,431,868
2,433,694
31,903
2,390,090
2,353,623
36,467
1.5%
2,433,694
64,906
26,247,898
120,500
28,565,757
120,500
29,269,879
9,561
2,178,379
49,894
24,841,536
36,729
24,261,914
13,165
579,622
26.4%
2.4%
120,500
29,269,879
8,682,573
8,984,807
8,851,723
717,125
7,276,469
7,405,741
(129,272)
-1.8%
8,851,723
119,709
133,619
133,619
10,275
101,324
106,861
(5,537)
-5.5%
133,619
445
289
850
258
591
(333)
1,295,526
950,533
1,691,334
795,710
795,710
0
0.0%
1,691,334
(87,012)
-5.5%
2,041,548
Licences and permits
Agency services
Gains on disposal of PPE
Total Revenue (excluding capital transfers and
contributions)
Expenditure By Type
Employee related costs
Remuneration of Councillors
Remuneration of Directors
Debt impairment
Collection costs
Depreciation & asset impairment
Finance charges
Bulk purchases
Other materials
Contracted services
Transfers and grants
Other expenditure
Loss on disposal of PPE
Total Expenditure
Surplus/(Deficit)
Transfers recognised - capital
Contributions recognised - capital
Contributed Assets
Surplus/(Deficit) after capital transfers and
contributions
Taxation
Surplus/(Deficit) after taxation
Attributable to minorities
Surplus/(Deficit) attributable to municipality
Share of surplus/(deficit) of associate
Surplus/(Deficit) for the year
44
–
1,805,844
–
2,181,042
–
2,041,548
–
79,917
–
159,824
–
1,594,336
–
1,681,348
-129.1%
–
850
–
807,283
919,232
912,241
62,190
623,499
623,697
(199)
0.0%
912,241
6,591,232
7,050,011
7,086,261
510,727
5,281,424
5,252,643
28,781
0.5%
7,086,261
299,153
387,117
351,841
22,670
267,284
287,395
(20,111)
-7.5%
351,841
3,312,529
4,205,198
3,996,909
254,435
2,443,004
2,766,670
(323,666)
-13.2%
3,996,909
115,021
125,354
140,900
4,623
122,059
124,225
(2,166)
-1.8%
140,900
3,660,521
3,895,116
4,305,508
348,165
2,982,048
3,226,812
(244,764)
-8.2%
4,305,508
1,944
26,691,780
–
28,832,320
–
29,512,734
–
874
–
874
2,169,952
21,488,288
22,271,692
(783,404)
-3.5%
–
29,512,734
(443,881)
(266,562)
(242,855)
8,426
3,353,247
1,990,221
1,363,026
40.6%
(242,855)
2,052,758
2,817,627
3,128,658
160,918
1,409,312
1,721,025
(311,713)
-22.1%
3,128,658
43,022
65,226
52,010
2,050
37,871
39,302
(1,431)
-3.8%
52,010
4,943
100.0%
33,387
–
–
–
4,943
–
1,685,285
2,616,291
2,937,813
171,395
4,805,373
3,750,548
1,054,825
22.0%
8,252
4,990
5,361
1,363
14,631
5,919
8,712
59.5%
1,677,033
2,611,301
2,932,452
170,031
4,790,742
3,744,629
–
2,937,813
5,361
2,932,452
6,533
3,621
4,148
1,055
11,321
4,663
4,148
1,670,500
2,607,680
2,928,304
168,977
4,779,421
3,739,965
2,928,304
–
1,670,500
–
2,607,680
–
2,928,304
–
168,977
–
4,779,421
–
3,739,965
–
2,928,304
Annexure A: In-year report (April 2015)
Consolidated Monthly Budget Statement – Financial Position
Vote Description
Current Year 2014/15
2013/14
Audited
Outcome
Original
Budget
Adjusted
Budget
YearTD actual
Full Year
Forecast
R thousands
ASSETS
Current assets
Cash
2,273,427
Call investment deposits
2,735,107
5,422,313
5,650,287
7,707,992
5,673,614
Consumer debtors
4,309,614
4,499,300
4,506,736
3,424,351
4,506,736
426,971
365,086
472,845
1,420,644
472,845
19,650
20,495
18,543
19,650
18,543
270,351
298,329
284,788
317,422
284,788
10,035,121
10,605,522
10,933,199
15,172,967
10,956,526
104,311
91,753
99,097
84,577
99,097
3,245,041
1,682,069
1,859,632
Other debtors
Current portion of long-term receivables
Inventory
Total current assets
–
–
2,282,907
–
Non current assets
Long-term receivables
Investments
–
1,859,632
Investment property
–
–
–
–
–
Investments in Associate
–
–
–
–
–
Property, plant and equipment
31,673,639
36,119,452
35,642,991
33,084,408
35,642,991
Agricultural assets
–
–
–
–
–
Biological assets
–
–
–
–
–
Intangible assets
–
–
–
–
–
Other non-current assets
–
–
–
–
–
Total non current assets
35,022,992
37,893,274
37,601,720
33,168,985
37,601,720
TOTAL ASSETS
45,058,112
48,498,796
48,534,919
48,341,952
48,558,245
LIABILITIES
Current liabilities
Bank overdraft
Borrowing
Consumer deposits
–
368,325
–
378,885
–
378,885
–
368,325
–
378,885
398,525
383,610
418,083
297,233
418,083
Trade and other payables
6,368,102
5,160,362
5,276,132
4,787,988
5,276,132
Provisions
1,081,800
1,447,824
1,157,570
990,306
1,157,570
8,216,752
7,370,680
7,230,671
6,443,853
7,230,671
6,666,139
7,902,043
7,902,043
6,501,894
7,902,043
Total current liabilities
Non current liabilities
Borrowing
5,786,163
5,103,648
5,981,215
6,238,002
5,981,215
Total non current liabilities
Provisions
12,452,302
13,005,691
13,883,258
12,739,896
13,883,258
TOTAL LIABILITIES
20,669,054
20,376,371
21,113,929
19,183,749
21,113,929
NET ASSETS
24,389,058
28,122,425
27,420,990
29,158,203
27,444,317
21,980,369
25,865,578
24,802,370
26,880,014
24,806,926
2,219,916
2,040,522
2,335,342
2,053,220
2,335,342
COMMUNITY WEALTH/EQUITY
Accumulated Surplus/(Deficit)
Reserves
Share capital
Non-controlling interest
TOTAL COMMUNITY WEALTH/EQUITY
45
–
–
–
–
–
188,773
216,325
283,277
224,969
302,049
24,389,058
28,122,425
27,420,990
29,158,203
27,444,317
Annexure A: In-year report (April 2015)
Consolidated Monthly Budget Statement – Cash Flow
Description
R thousands
CASH FLOW FROM OPERATING ACTIVITIES
Receipts
Ratepayers and other
Government - operating
Government - capital
Interest
Dividends
Payments
Suppliers and employees
Finance charges
Dividends paid
Transfers and Grants
NET CASH FROM/(USED) OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES
Receipts
Proceeds on disposal of PPE
Decrease (Increase) in non-current debtors
Decrease (increase) other non-current receivables
Decrease (increase) in non-current investments
Payments
Capital assets
NET CASH FROM/(USED) INVESTING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Receipts
Short term loans
Borrowing long term/refinancing
Increase (decrease) in consumer deposits
Payments
Repayment of borrowing
NET CASH FROM/(USED) FINANCING ACTIVITIES
NET INCREASE/ (DECREASE) IN CASH HELD
Cash/cash equivalents at beginning:
Cash/cash equivalents at month/year end:
46
2013/14
Audited
Outcome
Original
Budget
Adjusted
Budget
Current Year 2014/15
YearTD
YearTD actual
YTD variance
budget
YTD
variance
%
Full Year
Forecast
22,254,175
2,389,432
2,052,758
740,654
–
23,390,138
3,498,169
2,882,853
292,750
–
22,934,806
3,518,129
3,179,418
944,959
–
21,680,303
3,007,822
2,704,548
491,137
–
20,520,843
3,518,129
3,179,418
471,971
–
1,159,460
(510,307)
(474,870)
19,166
–
6%
-15%
-15%
4%
22,934,806
3,518,129
3,179,418
944,959
(21,972,498)
(791,590)
–
(115,021)
4,557,911
(23,570,660)
(829,746)
–
–
5,663,503
(24,425,002)
(829,746)
–
–
5,322,565
(22,421,936)
(544,610)
–
–
4,917,263
(22,099,988)
(544,546)
–
–
5,045,827
(321,948)
(64)
–
(128,563)
1%
0%
-3%
(24,425,002)
(829,746)
–
–
5,322,565
71,458
–
(1,751)
(1,656,922)
40,167
–
(4,829)
(379,999)
120,500
–
(110,970)
(1,029,558)
–
–
–
(229,998)
–
–
–
(280,000)
–
–
–
50,003
-18%
120,500
–
(110,970)
(1,029,558)
(4,543,552)
(6,212,256)
(6,273,667)
(2,884,592)
(3,383,377)
498,786
-15%
(6,273,667)
(6,130,767)
(6,556,917)
(7,293,694)
(3,114,589)
(3,663,377)
548,788
-15%
(7,293,694)
–
199,074
62,000
–
1,730,000
33,904
–
1,982,716
34,296
–
202,715
–
–
312,720
–
–
(110,006)
–
-35%
–
1,982,716
34,296
(345,067)
(83,994)
(1,656,850)
8,254,214
6,597,364
(309,853)
1,454,051
560,637
6,958,287
7,518,925
(309,853)
1,707,159
(263,970)
6,597,686
6,333,716
(241,258)
(38,544)
1,764,130
6,597,686
8,361,817
(241,258)
71,462
1,453,911
6,758,518
8,212,429
–
(110,006)
-154%
(309,853)
1,707,159
(263,970)
6,597,686
6,333,716
Annexure A: In-year report (April 2015)
PART 4 – IN-YEAR REPORT:
MUNICIPAL ENTITY (CAPE TOWN
INTERNATIONAL CONVENTION CENTRE – (CTICC))
Executive Summary
The company achieved a YTD surplus of R37.6 million. Total revenue has exceeded its
budget by R16.8 million, while total expenditure reflects a saving of R14 million.
Table F1 Monthly Budget Statement Summary
Description
R thousands
2013/14
Current Year 2014/15
Audited
Outcome
Original
Budget
Adjusted
Budget
YearTD actual
YearTD
budget
YTD variance
YTD variance
%
Full Year
Forecast
Financial Performance
Property rates
–
–
–
–
–
–
-
Service charges
–
–
–
–
–
–
-
Investment revenue
Transfers recognised - operational
Other own revenue
Total Revenue (excluding capital transfers
and contributions)
Employee costs
Remuneration of Board Members
Depreciation and asset impairment
11,239
–
16,988
–
20,529
–
24,428
–
16,439
–
7,989
–
174,902
186,141
177,785
194,773
180,735
201,265
166,163
190,590
157,327
173,766
8,836
16,824
41,719
44,324
46,811
36,491
38,555
445
289
850
258
591
20,875
26,707
26,707
18,747
22,256
48.6%
-
–
–
20,529
–
5.6%
9.7%
180,735
201,265
(2,064)
-5.4%
46,811
(333)
-56.4%
850
(3,509)
-15.8%
26,707
Finance charges
–
–
–
–
–
–
-
–
Materials and bulk purchases
–
–
–
–
–
–
-
–
Transfers and grants
–
–
–
–
–
–
-
Other expenditure
Total Expenditure
Surplus/(Deficit)
Transfers recognised - capital
Contributions recognised capital & contributed assets
–
97,293
105,630
107,750
82,841
90,947
(8,106)
-8.9%
107,750
160,331
25,809
176,951
17,822
182,119
19,146
138,337
52,253
152,349
21,417
(14,012)
30,836
-9.2%
144.0%
182,119
19,146
–
–
–
–
–
–
-
–
–
25,809
–
17,822
–
19,146
–
52,253
–
21,417
–
30,836
144.0%
–
19,146
8,252
17,558
4,990
12,832
5,361
13,785
14,631
37,622
5,919
15,498
8,712
22,124
147.2%
142.8%
5,361
13,785
52,100
165,500
165,500
Surplus/(Deficit) after capital transfers &
contributions
Taxation
Surplus/ (Deficit) for the year
Capital expenditure & funds sources
Capital expenditure
Transfers recognised - capital
–
–
–
-
Public contributions & donations
–
–
–
–
–
–
–
-
Borrowing
–
–
–
–
–
–
-
–
–
Internally generated funds
41,259
26,679
26,679
58,976
160,149
(101,174)
-63.2%
26,679
Total sources of capital funds
41,259
78,779
192,179
58,976
160,149
(101,174)
-63.2%
192,179
Total current assets
365,734
565,951
686,043
560,730
686,043
Total non current assets
205,314
254,119
370,786
245,388
370,786
61,530
48,865
50,810
56,263
50,810
2,201
4,640
2,201
2,201
2,201
507,317
766,565
1,003,818
747,654
1,003,818
Financial position
Total current liabilities
Total non current liabilities
Community wealth/Equity
Cash flows
Net cash from (used) operating
42,337
44,512
24,654
56,496
37,843
18,653
49.3%
24,654
Net cash from (used) investing
(41,259)
(78,779)
(192,179)
(58,874)
(22,256)
(36,618)
164.5%
(192,179)
Net cash from (used) financing
199,074
230,000
482,716
202,715
312,720
(110,006)
-39.0%
482,716
354,999
550,351
670,190
555,337
Cash/cash equivalents at the year end
47
670,190
Annexure A: In-year report (April 2015)
Table F2 Monthly Budget Statement – Financial Performance (revenue and
expenditure)
2013/14
Description
Current Year 2014/15
Audited
Outcome
Original
Budget
Adjusted
Budget
YearTD actual
YearTD
budget
YTD variance
R thousands
YTD variance
Full Year
Forecast
%
Revenue By Source
Property rates
–
–
–
–
–
–
-
–
Property rates - penalties & collection charges
–
–
–
–
–
–
-
–
Service charges - electricity revenue
–
–
–
–
–
–
-
–
Service charges - water revenue
–
–
–
–
–
–
-
–
Service charges - sanitation revenue
–
–
–
–
–
–
-
–
Service charges - refuse revenue
–
–
–
–
–
–
-
–
Service charges - other
–
–
–
–
–
–
-
–
Rental of facilities and equipment
83,459
84,247
85,447
80,808
76,467
4,341
5.7%
85,447
Interest earned - external investments
11,239
16,988
20,529
24,428
16,439
7,989
48.6%
20,529
Interest earned - outstanding debtors
–
–
–
–
–
–
-
–
Dividends received
–
–
–
–
–
–
-
–
Fines
–
–
–
–
–
–
-
–
Licences and permits
–
–
–
–
–
–
-
–
Agency services
–
–
–
–
–
–
-
–
Transfers recognised - operational
–
–
–
–
–
–
-
Other revenue
91,443
93,538
95,288
85,354
80,860
4,495
–
186,141
–
194,773
–
201,265
–
190,590
–
173,766
–
16,824
41,719
44,324
46,811
36,491
38,555
445
289
850
258
591
Debt impairment
–
–
–
–
Collection costs
–
–
–
–
Gains on disposal of PPE
Total Revenue (excluding capital transfers and
contributions)
5.6%
-
–
95,288
9.7%
–
201,265
(2,064)
-5.4%
46,811
(333)
-56.4%
850
–
–
-
–
–
–
-
Expenditure By Type
Employee related costs
Remuneration of Directors
Depreciation & asset impairment
20,875
26,707
26,707
18,747
22,256
(3,509)
-15.8%
–
26,707
Finance charges
–
–
–
–
–
–
-
–
Bulk purchases
–
–
–
–
–
–
-
–
Other materials
–
–
–
–
–
–
-
–
Contracted services
–
–
–
–
–
–
-
–
Transfers and grants
–
–
–
–
–
–
-
Other expenditure
Loss on disposal of PPE
97,293
–
105,630
–
107,750
–
82,841
–
90,947
–
(8,106)
–
-8.9%
-
–
107,750
–
Total Expenditure
160,331
176,951
182,119
138,337
152,349
(14,012)
-9.2%
182,119
Surplus/(Deficit)
25,809
17,822
19,146
52,253
21,417
30,836
144.0%
19,146
Transfers recognised - capital
–
–
–
–
–
–
-
–
Contributions recognised - capital
–
–
–
–
–
–
-
–
Contributions of PPE
–
–
–
–
–
–
-
Surplus/(Deficit) before taxation
Taxation
Surplus/(Deficit) for the year
48
25,809
17,822
19,146
52,253
21,417
30,836
144.0%
–
19,146
8,252
4,990
5,361
14,631
5,919
8,712
147.2%
5,361
17,558
12,832
13,785
37,622
15,498
22,124
142.8%
13,785
Annexure A: In-year report (April 2015)
Table F3 Monthly Budget Statement – Capital expenditure
Vote Description
2013/14
Audited
Outcome
Current Year 2014/15
Original
Budget
Adjusted
Budget
YearTD actual
YearTD
budget
YTD variance
R thousands
YTD variance
Full Year
Forecast
%
Single Year expenditure
Building Enhancements
6,883
13,300
13,300
8,482
11,083
(2,601)
-23.5%
13,300
10,430
9,029
9,029
4,671
7,524
(2,854)
-37.9%
9,029
868
960
960
368
800
(432)
-54.0%
960
2,114
3,390
3,390
1,964
2,825
(861)
-30.5%
3,390
CTICC2
20,964
52,100
165,500
43,490
137,917
(94,426)
-68.5%
165,500
Capital single-year expenditure sub-total
41,259
78,779
192,179
58,976
160,149
(101,174)
-63.2%
192,179
IT & Telecommunications
Operational Furniture & Equipment
Catering Furniture & Equipment
Funded by:
National Government
–
–
–
–
–
–
-
Provincial Government
–
–
–
–
–
–
-
Parent Municipality
–
–
–
–
-
District Municipality
–
–
–
–
-
–
–
–
–
–
–
Public contributions & Donations
–
–
–
–
–
–
-
Borrowing
–
–
–
–
–
–
-
Total Capital Funding
52,100
165,500
Transfers recognised - capital
Internally generated funds
49
52,100
165,500
–
–
165,500
–
165,500
–
–
41,259
26,679
26,679
58,976
160,149
(101,174)
-63.2%
26,679
41,259
78,779
192,179
58,976
160,149
(101,174)
-63.2%
192,179
Annexure A: In-year report (April 2015)
Table F4 Monthly Budget Statement – Financial Position
2013/14
Vote Description
Current Year 2014/15
Audited
Outcome
Original
Budget
Adjusted
Budget
YearTD actual
Full Year
Forecast
R thousands
ASSETS
Current assets
Cash
Call investment deposits
Consumer debtors
Other debtors
Current portion of long-term receivables
Inventory
Total current assets
6,867
348,132
–
9,666
–
–
550,351
–
13,586
–
–
670,190
–
13,811
–
10,982
544,355
–
3,826
–
–
670,190
–
13,811
–
1,068
2,014
2,041
1,567
2,041
365,734
565,951
686,043
560,730
686,043
Non current assets
Long-term receivables
–
–
–
–
–
Investments
–
–
–
–
–
Investment property
–
–
–
–
–
Property, plant and equipment
205,314
254,119
370,786
245,388
370,786
Agricultural assets
–
–
–
–
–
Biological assets
–
–
–
–
–
Intangible assets
–
–
–
–
–
Total non current assets
205,314
254,119
370,786
245,388
370,786
TOTAL ASSETS
571,048
820,070
1,056,829
806,118
1,056,829
LIABILITIES
Current liabilities
Bank overdraft
–
–
–
–
–
Borrowing
–
–
–
–
–
Consumer deposits
28,308
10,667
10,844
23,150
10,844
Trade and other payables
29,972
35,039
36,443
29,832
36,443
3,250
3,159
3,522
3,281
3,522
61,530
48,865
50,810
56,263
50,810
Provisions
Total current liabilities
Non current liabilities
Borrowing
Provisions
Total non current liabilities
TOTAL LIABILITIES
NET ASSETS
–
–
–
–
–
2,201
4,640
2,201
2,201
2,201
4,640
2,201
2,201
2,201
2,201
63,731
53,505
53,011
58,464
53,011
507,317
766,565
1,003,818
747,654
1,003,818
(257,396)
(259,075)
(243,611)
(219,774)
(243,611)
COMMUNITY WEALTH/EQUITY
Accumulated Surplus/(Deficit)
Reserves
Share capital
TOTAL COMMUNITY WEALTH/EQUITY
50
–
–
–
–
–
764,713
1,025,640
1,247,429
967,428
1,247,429
507,317
766,565
1,003,818
747,654
1,003,818
Annexure A: In-year report (April 2015)
Table F5 Monthly Budget Statement – Cash Flow
2013/14
Description
Current Year 2014/15
Audited
Outcome
Original
Budget
Adjusted
Budget
YearTD actual
YearTD
budget
YTD variance
R thousands
YTD variance
Full Year
Forecast
%
CASH FLOW FROM OPERATING ACTIVITIES
Receipts
Ratepayers and other
181,112
83,203
163,871
167,806
157,022
10,784
6.9%
Government - operating
–
–
–
–
–
–
-
Government - capital
–
–
–
–
–
–
-
Interest
Dividends
11,280
–
16,988
–
20,529
–
24,492
–
16,439
–
8,053
49.0%
–
-
163,871
–
–
20,529
–
Payments
Suppliers and employees
(120)
0.1%
(41)
–
–
(64)
–
(64)
0.0%
–
Dividends paid
–
–
–
–
–
–
-
–
Transfers and Grants
–
–
–
–
–
–
-
Finance charges
NET CASH FROM/(USED) OPERATING ACTIVITIES
(150,015)
42,337
(55,679)
44,512
(159,746)
24,654
(135,737)
56,496
(135,618)
37,843
18,653
49.3%
(159,746)
–
24,654
CASH FLOWS FROM INVESTING ACTIVITIES
Receipts
Proceeds on disposal of PPE
–
–
–
–
–
-
–
Decrease (Increase) in non-current debtors
–
–
–
–
–
–
-
–
Decrease (increase) other non-current receivables
–
–
–
–
–
–
-
–
Decrease (increase) in non-current investments
–
–
–
–
–
–
-
–
0
Payments
Capital assets
NET CASH FROM/(USED) INVESTING ACTIVITIES
(41,259)
(78,779)
(192,179)
(58,874)
(22,256)
(36,618)
164.5%
(192,179)
(41,259)
(78,779)
(192,179)
(58,874)
(22,256)
(36,618)
164.5%
(192,179)
-35.2%
482,716
CASH FLOWS FROM FINANCING ACTIVITIES
Receipts
Short term loans
Borrowing long term/refinancing
Increase (decrease) in consumer deposits
–
199,074
–
–
230,000
–
–
482,716
–
–
202,715
–
–
312,720
–
Payments
Repayment of borrowing
–
(110,006)
–
–
–
–
–
–
–
–
–
–
–
NET CASH FROM/(USED) FINANCING ACTIVITIES
199,074
230,000
482,716
202,715
312,720
(110,006)
-35.2%
482,716
NET INCREASE/ (DECREASE) IN CASH HELD
(127,970)
-39.0%
315,191
200,151
195,733
315,191
200,337
328,307
Cash/cash equivalents at the year begin:
154,848
354,617
354,999
354,999
154,848
354,999
Cash/cash equivalents at the year end:
354,999
550,351
670,190
555,337
483,155
670,190
Note: Borrowing long term/refinancing: Expected shareholding taken up by the City towards the expansion of
the Convention Centre.
51
Annexure A: In-year report (April 2015)
PART 5 - SUPPORTING DOCUMENTATION: ENTITY
Table SF1 Entity Material variance explanation
Description
Variance
Rem edial or corrective steps /
rem arks
Reasons for m aterial deviations
R thousands
Revenue item s
Interest earned - external investments
Expenditure item s
Depreciation & asset impairment
Other expenditure
Capital Expenditure item s
Building Enhancements
IT & Telecommunications
Catering Furniture & Equipment
7,989 The variance is due to the favourable cash balances resulting from
w hen capital projects are paid as w ell as the investment of surplus
No remedial action required.
(3,509) The variance is due to the timing of capital spend.
No remedial action required.
(8,106) The favourable variance is as a result of savings on various indirect
expenses.
No remedial action required.
(2,601) Percentage capital projects completed or committed is 92% as at the
No remedial action required.
end of the third quarter. The variance relates to the delay in payment to
the supplier until the completed projects are 100% satisfactory.
(2,854) Percentage capital projects completed or committed is 92% as at the
No remedial action required.
end of the third quarter. The variance relates to the delay in payment to
the supplier until the completed projects are 100% satisfactory.
(861) Percentage capital projects completed or committed is 92% as at the
No remedial action required.
end of the third quarter. The variance relates to the delay in payment to
the supplier until the completed projects are 100% satisfactory.
Table SF3 Entity Aged debtors
Detail
Current Year 2014/15
030 Days
31 60 Days
61 90 Days
91 120 Days
121 150 Days
151 180 Days
Rates
–
–
–
–
–
–
–
–
–
–
–
Electricity
–
–
–
–
–
–
–
–
–
–
–
Water
–
–
–
–
–
–
–
–
–
–
–
Sewerage / Sanitation
–
–
–
–
–
–
–
–
–
–
–
Refuse Removal
–
–
–
–
–
–
–
–
–
–
–
Housing (Rental Revenue)
–
–
–
–
–
–
–
–
–
–
–
1,156
(164)
206
(17)
36
–
–
–
1,217
–
18
1,156
(164)
206
(17)
36
–
–
–
1,217
–
18
R thousands
181 Days 1 Year
Over 1
Year
Total
Bad
Debts
>90 days
Debtors Age Analysis By Revenue Source
Other
Total By Income Source
Debtors Age Analysis By Customer Group
Government
–
–
–
–
–
–
–
–
–
–
Business
–
–
–
–
–
–
–
–
–
–
Households
–
–
–
–
–
–
–
–
–
–
1,156
(164)
206
(17)
36
–
–
–
1,217
–
1,156
(164)
206
(17)
36
–
–
–
1,217
–
Other
Total By Customer Group
Table SF4 Entity Aged creditors
Detail
Current Year 2014/15
030 Days
31 60 Days
61 90 Days
91 120 Days
121 150 Days
151 180 Days
Bulk Electricity
–
–
–
–
–
–
–
–
–
Bulk Water
–
–
–
–
–
–
–
–
–
PAYE deductions
–
–
–
–
–
–
–
–
–
VAT (output less input)
–
–
–
–
–
–
–
–
–
Pensions / Retirement deductions
–
–
–
–
–
–
–
–
–
Loan repayments
–
–
–
–
–
–
–
–
–
R thousands
181 Days 1 Year
Over 1
Year
Total
Creditors Age Analysis By Customer Type
Trade Creditors
–
18
–
–
–
–
–
Auditor General
–
–
–
–
–
–
–
–
–
Other
–
–
–
–
–
–
–
–
–
–
18
–
–
–
–
–
Total By Customer Type
52
5,489
5,489
5,507
5,507
Annexure A: In-year report (April 2015)
Table SF5 Entity investment portfolio monthly statement
Investments by maturity
Name of institution & investment ID
R thousands
Cash
Current Year 2014/15
Period of
investment
Type of investment
Months
Expiry date of
investment
Accrued
interest for
the month
Yield
%
Market value
Begin
Change
End
67
16
137
-
2,910
54
3,094
Nedbank Current Account (Acc Number: 1232043850)
Three
Current Account
-
Nedbank Call Account (Acc Number: 03/7881544007/46)
Three
Call Account
-
21
5.50
1,945
(3,414)
1,945
Nedbank Investment Account (Acc Number: 03/7881544007/000099)
Three
3 Month
15 June 2015
35
6.50
15,239
42
15,320
ABSA Bank Current (Acc Number: 4072900553)
-
Current Account
-
-
2,785
(4,066)
5,313
ABSA Bank - CTICC East - Current (Acc Number: 4072900228)
-
Current Account
-
-
764
266
7
ABSA Bank - Exh Serv - Current (Acc Number: 4072900731)
-
Current Account
-
-
685
545
353
ABSA Bank Treasury (Acc Number: 4073731246)
-
Treasury
-
-
62
ABSA Bank Treasury (Acc Number : 4073733701)
-
Treasury
-
-
2,007
9
2,016
Absa Bank - Call Deposit (Acc Number: 4074708347)
-
Call Account
-
3
5.50
11,898
713
9,455
Stanlib - Bank (Acc Number: 551436367)
62
-
Call Account
-
119
6.44
19,750
(4,560)
10,045
Standard Bank Investment Account (Acc Number:484578)
Three
Investment
19 June 2015
110
6.73
12,538
(6,447)
12,606
Standard Bank Investment Account (Acc Number: 480045)
Three
Investment
18 May 2015
257
6.10
22,364
61
22,480
Absa Bank- Investment New 2 (Acc Number:48518474)
Three
Investment 2
28 April 2016
14
7.35
21,586
59
21,695
Absa Bank- Investment New 1 (Acc Number: 38875655)
Three
Investment 1
13 July 2015
44
6.65
19,439
53
19,543
Nedbank - Three- Month Deposit (Acc Number: 03/7881544007/000098)
Three
3 Month
21 May 2015
137
6.65
14,127
43
14,203
Investec - Corporate Money Market Account (Acc Number: (462097)
1008645)
Money Market
-
120
6.52
22,929
52
23,052
Nedgroup Money Market (1452 027 900 - 8319631)
Money Market
6.54
35,786
(31)
35,975
6.70
31,505
86
31,676
5.50
2,851
(11,694)
783
ABSA Bank - Fixed Deposit (Acc Number: 5060094072900553 44893640FDE)
CTICC East Security
20 July 2015
ABSA Bank - CTICC East - Call Deposit (Acc Number: 4083941322)
Investment
Nedbank - CTICC East - (Acc Number: 1766000029)
Investment
6.80
40,924
112
41,137
ABSA - CTICC East - Money Market - (Acc Number: 9295637051)
Investment
6.49
22,022
63
22,139
Investec - CTICC East - Corp Money Market (Acc Number:
62145760379)
Investment
6.47
37,002
107
37,199
Nedgroup - CTICC East -Money Market (Acc Number: 8330497)
Investment
6.54
34,957
103
35,142
Nedgroup - CTICC East - Corp Money Market (Acc Number: 8330496)
Investment
6.55
39,741
68
39,951
StanlibCTICC East - Money Market (Acc Number: 000402184552166459)
Investment
6.44
26,191
88
26,327
8.00
122,893
ABSA Bank - CTICC East - Fixed Deposit - (Guarantee) (Acc Number:
43939765 FDE)
Total investments
53
CTICC East Guarantee
20 October 2015
12 December 2016
861
564,967
123,682
(27,671)
555,337
Annexure A: In-year report (April 2015)
Table SF6 Entity Board member allowances & staff benefits
Summary of Employee and Board Member
remuneration
2013/14
Audited
Outcome
Current Year 2014/15
Original
Budget
Adjusted
Budget
YearTD actual
YearTD
budget
YTD variance YTD variance
Full Year
Forecast
%
R thousands
Remuneration
Board Members of Entities
Basic Salaries
Sub Total - Board Members of Entities
468
289
850
258
591
(333)
-56.4%
468
289
850
258
591
(333)
-56.4%
-38.2%
% increase
81.6%
850
850
81.6%
Senior Managers of Entities
Basic Salaries
Sub Total - Senior Managers of Entities
4,850
5,543
6,057
5,005
5,005
–
4,850
5,543
6,057
5,005
5,005
–
14.3%
% increase
6,057
6,057
24.9%
24.9%
Other Staff of Entities
Basic Salaries
Sub Total - Other Staff of Entities
36,358
38,782
40,754
31,486
33,550
(2,064)
-6.2%
36,358
38,782
40,754
31,486
33,550
(2,064)
-6.2%
6.7%
% increase
Total Municipal Entities remuneration
Unpaid salary, allowances & benefits in
arrears
54
41,676
–
44,613
–
12.1%
47,661
–
40,754
40,754
12.1%
36,748
–
39,146
–
(2,397)
–
-6.1%
-
47,661
-
Annexure A: In-year report (April 2015)
Table SF7 Entity monthly actuals & revised targets
Medium Term Revenue and
Current Year 2014/15
Expenditure Fram ework
Budget
Budget
Budget
Description
July
August
Outcom e
Outcom e
Sept.
October
Outcom e
Outcom e
Novem ber
Outcom e
Decem ber
Outcom e
January
Outcom e
February
Outcom e
March
Outcom e
April
May
Outcom e
June
Budget
Budget
R thousands
Year
Year +1
2014/15
2015/16
Year +2
2016/17
Adjusted
Adjusted
Adjusted
Budget
Budget
Budget
Revenue By Source
Serv ice charges
–
–
–
–
–
–
–
–
–
–
–
3,341
Rental of facilities and equipment
8,840
9,431
13,453
12,054
10,417
2,791
9,497
9,335
8,426
8,362
5,752
10,921
–
–
–
Other rev enue
4,198
7,451
11,076
14,356
9,051
3,822
11,449
11,661
3,061
7,247
7,380
6,499
–
–
–
–
–
–
Gains on disposal of PPE
Total Revenue
–
–
–
–
–
13,038
16,882
24,529
26,410
19,468
(3,444)
(3,262)
(3,887)
(3,762)
(3,772)
–
6,613
–
–
–
–
–
–
20,946
20,996
11,487
15,608
13,132
20,761
–
–
–
(4,391)
(4,391)
(3,886)
(3,688)
(3,845)
(3,845)
–
–
–
(72)
–
–
–
–
–
–
–
–
–
Expenditure By Type
Employ ee related costs
Remuneration of Board Members
–
–
(103)
–
–
Debt impairment
–
–
–
–
–
Depreciation & asset impairment
(1,888)
(1,794)
(1,830)
(1,856)
(1,832)
(3,567)
(80)
–
(1,848)
–
–
–
–
(1,913)
(1,913)
(75)
–
(1,924)
–
–
–
–
(2,004)
(2,226)
–
(2,226)
Finance charges
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Div idends paid
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Bulk purchases
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Other materials
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Contracted serv ices
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Transfers and grants
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Other ex penditure
Loss on disposal of PPE
Total expenditure
(6,873)
–
(12,205)
(7,760)
–
(12,816)
(8,238)
–
(14,058)
(13,121)
–
(18,739)
(9,836)
–
(15,439)
(5,999)
–
(11,495)
(8,532)
–
(14,837)
(8,275)
–
(14,579)
(11,629)
–
(17,513)
(8,151)
–
(13,843)
(7,955)
–
(14,026)
(9,769)
–
(15,913)
Capital expenditure
Capital assets
Total capital expenditure
1,095
1,526
5,865
6,416
6,297
11,694
4,561
4,561
10,203
6,036
–
–
–
–
–
1,095
1,526
5,865
6,416
6,297
11,694
4,561
4,561
10,203
6,036
–
–
–
–
–
21,320
14,259
20,261
14,596
22,642
411
21,064
19,857
21,414
15,681
Cash flow
Ratepay ers and other
Grants
Interest
Suppliers, employ ees and other
1,748
–
1,797
–
1,758
–
1,975
–
2,208
–
1,473
–
2,849
–
497
–
3,188
–
3,107
12,653
–
–
–
–
–
–
–
–
448
411
–
–
–
–
–
–
(14,337)
(10,438)
(7,503)
(14,482)
(17,702)
(8,933)
(15,693)
(7,889)
(22,378)
Finance charges
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(3)
(35)
(3)
–
–
–
–
–
Div idends paid
–
–
–
–
–
–
–
–
–
–
–
–
–
–
(491)
–
–
–
6,650
1,716
11,578
9,064
10,365
(15,821)
14,977
4,658
–
16,678
(3,594)
(11,767)
9,809
(16,415)
NET CASH FROM/(USED) OPERATING ACTIVITIES
1,334
(10,710)
Decrease (increase) other non-current receiv ables
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Decrease (increase) in non-current inv estments
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Proceeds on disposal of PPE
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
Capital assets
NET CASH FROM/(USED) INVESTING ACTIVITIES
(1,095)
(1,526)
(5,865)
(6,416)
(6,297)
(11,694)
(4,561)
(2,226)
(10,203)
(6,036)
(2,226)
(2,226)
–
–
–
(1,095)
(1,526)
(5,865)
(6,416)
(6,297)
(11,694)
(4,561)
(2,226)
(10,203)
(6,036)
(2,226)
(2,226)
–
–
–
Borrow ing long term/refinancing/short term
–
–
–
Repay ment of borrow ing
–
–
–
–
–
Increase in consumer deposits
–
–
–
–
–
–
–
–
NET CASH FROM/(USED) FINANCING ACTIVITIES
NET INCREASE/ (DECREASE) IN CASH HELD
55
–
5,554
190
5,713
66,356
66,356
69,003
–
–
4,068
120,001
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
–
120,001
92,486
10,416
2,432
6,476
(9,630)
(891)
(2,716)
Annexure A: In-year report (April 2015)
MUNICIPAL MANAGER'S QUALITY CERTIFICATION
I, Achmat Ebrahim, the municipal manager of City of Cape Town, hereby certify that the
monthly budget statement for the month of April 2015 has been prepared in accordance
with the Municipal Finance Management Act and regulations made under the Act.
Print name ------------------------------------------------------------------Municipal Manager of City of Cape Town (CPT)
Signature -----------------------------
56
Date ------------------------------------