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CDM’s 2015/16 budget of R928 million approved


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Following an extensive public participation process, Capricorn District Municipality (CDM) adopted a total budget of R928 million for the 2015/16 financial year during a ouncil meeting last Tuesday.
The budget is comprised of R634 million for capital expenditure and R294 million for operational purposes. “It is our firm belief that this budget will enable us to achieve our IDP objectives and service delivery programmes,” Gilbert Kganyago, CDM Executive Mayor said at the tabling of the budget.
Seeing that the coming financial year will be the last in the current local government mandate term, Kganyago said that CDM enters the new financial year with all fingers on the pulse to consolidate all achievements and meet the people’s aspirations.
Kganyago said that successes registered in the current financial year gives the district some pedestal and momentum to continue delivering on the mandate entrusted by the people. “In all key functional areas of service delivery, namely water, sanitation, waste management, local economic development and disaster management, the municipality has, in partnership with stakeholders, been able to respond to the diverse needs of the people.”