Rand West City Local Municipality (GT485)

Rand West City Local Municipality was established by the amalgamation of Randfontein Local Municipality and Westonaria Local Municipality on 3 August 2016. Financial, Employment and Service Delivery information for the new municipality is only available from the 2016/17 financial year. View historical information for Randfontein Local Municipality and Westonaria Local Municipality.

Financial Results

All values: R'0002019/202018/192017/182016/17
AUDIT OUTCOME Qualified auditFinancially unqualifiedFinancially unqualifiedFinancially unqualified
FINANCIAL PERFORMANCE
Property rates240 250187 203198 611165 070
Service charges1 181 0651 019 293964 316821 304
Investment revenue10 06538 57530 7037 873
Transfers recognised - operational327 511439 136322 191260 590
Other own revenue48 18016 76037 44782 989
Total Revenue (excluding capital transfers and contributions)1 807 0701 700 9671 553 2681 337 826
Employee costs523 802526 999521 237420 564
Remuneration of councillors27 11126 75926 44321 370
Depreciation & asset impairment209 683183 162213 416221 982
Finance charges54 69947 68938 14165 808
Materials and bulk purchases869 253728 263689 792557 022
Transfers and grants--4 4151 500
Other expenditure489 118429 905443 243260 848
Total Expenditure2 173 6661 942 7771 936 6861 549 095
Surplus/(Deficit)(366 596)(241 810)(383 418)(211 268)
Transfers recognised - capital246 796157 975193 975236 367
Contributions recognised - capital & contributed assets----
Surplus/(Deficit) after capital transfers & contributions(119 800)(83 835)(189 443)25 099
Share of surplus/(deficit) of associate----
Surplus/(Deficit) for the year(119 800)(83 835)(189 443)25 099
CAPITAL EXPENDITURE & FUNDS SOURCES
Capital expenditure200 297366 805657 535226 743
Transfers recognised - capital121 59225 05182 179224 195
Public contributions & donationsn/an/an/an/a
Borrowing----
Internally generated funds---2 548
Total sources of capital funds121 59225 05182 179226 743
FINANCIAL POSITION
Total current assets956 705756 371541 907344 764
Total non current assets4 176 9464 268 7794 061 5474 021 451
Total current liabilities2 139 2981 654 7131 152 847737 077
Total non current liabilities316 525320 774300 467289 555
Community wealth/Equity2 797 6293 133 4973 339 5833 339 583
CASH FLOWS
Net cash from (used) operating2 479 23055 5441 799 568287 615
Net cash from (used) investing(139 880)(209 590)(209 971)(226 617)
Net cash from (used) financing2 312(5 406)61 048(14 084)
Cash/cash equivalents at the year end2 375 854(103 465)1 790 743127 943
UNAUTHORISED, IRREGULAR, FRUITLESS & WASTEFUL EXPENDITURE
Unauthorised expendituren/a113 029324 931184 858
Irregular expendituren/a176 789149 726184 120
Fruitless & wasteful expendituren/a47 82111 48554 580
SOURCEAudited Outcome - C1 2021 Q3Audited Outcome - C1 2020 Q4Audited Outcome - A1 2020Audited Outcome - A1 2020

The information in this directory is compiled from various sources and is subject to continual change. If you notice any errors or omissions, contact us so that we may correct them.