Media Statement - Gauteng Provincial Government pays R6.1 billion to municipalities.pdf

Gauteng Treasury Gauteng Treasury 2021/06/16 - 22:00


Gauteng Finance and e-Government MEC Nomantu Nkomo Ralehoko today said the provincial government has paid more than R6.1 billion to municipalities for property rates and taxes since the 2018/19 financial year.

 

The MEC said this while tabling the Budget Vote of Gauteng Provincial Treasury (GPT) at the Legislature today, adding that it demonstrated government’s commitment to pay municipalities for property rates and services. 

 

“This is an average of R2 billion per year, which also increased at an average of over R200 million year on year,” she said.

 

“The provincial government debt now accounts for the smallest portion of outstanding debtors to municipalities, representing in aggregate about 2 per cent. But our view is that any outstanding amount affects the revenue generation and cash flow positions of municipalities,” the MEC explained.



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Media Statement - Gauteng Provincial Government pays R6.1 billion to municipalities.pdf

Published 2021/06/16 - 22:00

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