Daily Maverick
Africa · 4 hrs ago
✦ 78◉ Centre
BUDGET CRISIS: Joburg’s ‘unrealistic revenue targets’ led to R2bn unauthorised expenditure, Auditor-General finds
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Quality 78/100
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◉ Centre ✓ Fair headline
The Auditor-General has found that Johannesburg's unrealistic revenue targets contributed to R2 billion in unauthorised expenditure, with the city facing severe challenges including R8.5 billion in water and electricity losses and a R220 billion infrastructure backlog.
BUDGET CRISIS: Joburg’s ‘unrealistic revenue targets’ led to R2bn unauthorised expenditure, Auditor-General finds
With water and electricity losses topping R8.5-billion and a massive R220-billion infrastructure backlog, the Auditor-General’s office has warned that Joburg’s underfunded budgets are crippling service delivery.
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