Executive Mayor Amos Masondo will announce the City’s budget on Wednesday, 24 May

Budget speech on radio JOBURGERS will be able to listen Executive Mayor Amos Masondo's budget speech on three local radio stations on 24 May. The 2006-7 budget speech will be broadcast live from 4pm on Jozi FM 105.8, Eastwave FM 92.2 and Thetha FM 100.6. RELATED LINKS: Record budget on the cards for Johannesburg Johannesburg's Executive Mayor Amos Masondo will present the biggest budget in the city's history when he tables his revenue and spending plans for 2006/07. Read more The draft budget A DRAFT budget, including proposed tariff increases, has been made available for public scrutiny. The documents were put before the Johannesburg City council on Monday, 3 April. Joburg residents have until 4 May to submit written comments. Read more Joburg is 'on the right path' THE Growth and Development Summit was a success, and proved that "the City was on the right track". Read more Masondo upbeat on City's future LOOKING to past achievements and future challenges, in his State of the City address Executive Mayor Amos Masondo was confident Johannesburg was on a successful growth path. Read more Mayor and his team plot way forward THE City leaders are meeting over five days to map out a way forward for the next five years. The planned Growth and Development Summit is one issue under the spotlight. Read more Draft IDP open for public comment THE five-year draft Integrated Development Plan is open for comment from Joburg residents who want a say in how the city is run - and where its money is spent. Read more Buoyant Joburg unveils record-breaking budget JOBURG is reaping the fruits of an economic boom. With revenue collection up, the mayor has been able to boost the budget to a record-breaking R18,9-billion. Read more

Masondo plans bumper budget The Joburg budget this year is set to beat even last year's record-breaker in a bid "to improve quality of life in this city of ours". May 22, 2006 By Anish Abraham FOLLOWING lengthy and thorough consultation and participation processes with all stakeholders over the past few months, Executive Mayor Amos Masondo will announce the City's budget on Wednesday, 24 May, at the Council Chambers in Braamfontein. And this year's budget is expected to be even larger than the record-breaking R18,9-billion budget presented by Masondo for the 2005-6 financial year. In the new budget, the City has set itself a number of priorities, including economic growth and job creation; health and community development; housing and services; a safe, clean and green city; a well-managed and governed city; and dealing with HIV/Aids. The City's annual budget is the product of those comprehensive procedures, which culminated in Joburg's first ever Growth and Development Summit, held at the Nasrec Exposition Centre on 12 May. Parks Tau, the member of the mayoral committee responsible for finance and economic development, said, "It is now time to tell people what new projects and programmes are planned to improve quality of life in this city of ours." As a financial planning tool, the budget can be used to illustrate what the City plans to do, how much it will cost and how the City will source the funding for carrying out its plans. "The tabling of a budget clearly indicates that there is a spending plan against which the City can be measured in terms of service delivery." The City, Tau said, had successfully spent 95 percent of its capital expenditure budget of R2,8-billion for 2005-6 on various projects and initiatives. Tau added that 75 percent of the City's income was derived from the payment of rates and services and was ploughed back into the City in the form of subsidies, a social package, libraries, clinics, roads and metro policing. Permission to use web site material Publishers may use material from this site free of charge, as long as: Credit is given to either the "City of Johannesburg website (www.joburg.org.za)" or to "Johannesburg News Agency (www.joburg.org.za)"; If the article is used online, a link is provided to the original article on this website; The name of the article's author is acknowledged; The webmaster is informed of how and where the material is used (fill in this brief online form). Johannesburg News Agency is operated by BIG Media at 011-484-1400 Print this Page E-mail this article to a friend Help using Joburg.org.za