IMPROVING LIVES THROUGH DATA ECOSYSTEMS

Acid test ratio

Municipalities throughout the country recorded the acid test ratio of 1,0:1 during the two financial years ended 30 June 2016 and 30 June 2017.

Current ratio

In 2016, municipalities throughout the country recorded the current ratio of 1,1:1 and 1,0:1 in 2017.

Municipal revenue stream

or the year to 30 June 2017, largest contributor to municipal revenue of 351 403 million for the year ended 30 June 2017 was 'grants and subsidies received' (29,4%), followed by 'electricity sales' (28,8%), 'property rates received' (14,9%), 'other revenue' (11,6%) (which consists of fines, licences and permits, public contributions and donations, etc.), 'water sales' (9,0%), 'sewerage and sanitation charges' (3,6%), and 'refuse removal charges' (2,8%).

Municipal expenditure patterns

In 2017, the largest contributor to municipal total operating expenditure of R331 287 million ((total expenditure less deficit and rebates) was 'employee-related costs' (26,4%), followed by 'electricity purchases' (22,8%), 'depreciation and amortisation' (9,0%), 'bad debts' (7,4%), 'other expenditure' (7,3%) (which consists of collection costs, loss on disposal of property, plant and equipment, impairment loss, etc.), 'contracted services' (6,2%), 'water purchases' (5,5%), 'general expenditure' (5,3%) (which consists of accommodation, travel and subsistence costs, audit fees, bank charges, consultancy and professional fees, fuel and oil, hiring of equipment, insurance costs, subscriptions and membership fees, telecommunication costs, etc.), 'repairs and maintenance' (4,2%), 'interest paid' (2,9%), 'grants and subsidies paid' (1,9%), and 'remuneration of councillors' (1,1%).