Municipalities beat revenue collection targets by R9bn
The higher-than-expected collection by SA’s 278 local government offices is mostly due to overperformance by SA’s metros
02 June 2019 - 18:17
SA’s municipalities improved their revenue collection in the nine months to end-March, but capital expenditure remains problematic, data from the National Treasury show.
In the local government revenue and expenditure report for the third quarter to end-March, the National Treasury said SA’s 278 municipalities increased revenue collection by 3.4%, or R9bn more than expected, mostly due to an overperformance by SA’s metros...
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