Finance

Municipal finance and fiscal imbalance

Revenue streams, cost centres, debt write-off compensation and road funding gaps.

Expected monthly revenue$3,980,000
Collected monthly revenue$1,990,400
Operating gap$2,159,600

Revenue streams

Property rates52%

Rates from homes, shops and commercial properties · $936,000 collected

Water bills46%

User charges for water supply and treatment · $552,000 collected

Refuse collection fees38%

Household and business solid waste charges · $159,600 collected

Licences and permits64%

Trading licences, building permits and inspection fees · $192,000 collected

Parking and local fees58%

Parking, markets and local user fees · $150,800 collected

Cost centres

Employee salaries$1,350,000

Salary arrears and loss of skilled staff

Water treatment chemicals$760,000

Water quality failures and rationing

Sewer maintenance$650,000

Raw sewage, disease risk and home abandonment

Refuse fleet operations$420,000

Uncollected waste and illegal dumping

Road repairs$580,000

Vehicle damage and unsafe roads

Supplier arrears$390,000

Suppliers stop work or demand cash upfront