The City of Johannesburg has recently revealed its budget of R83.1 billion for the upcoming 2024-2025 financial year.
This significant announcement was made by the Member of the Mayoral Committee for Finance, Dada Morero, and it is poised to have far-reaching implications for the city and its residents.
According to the city’s authorities, the newly unveiled budget is designed to prioritize infrastructure development, accelerate the delivery of essential services, and address pressing challenges related to energy and crime.
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Within the framework of the city’s integrated development plan, a substantial portion of R46 billion has been earmarked for the sustainable services cluster.
This allocation is specifically intended to focus on housing infrastructure and city power initiatives, which are critical components for the city’s sustainable development and the well-being of its inhabitants.
One of the noteworthy highlights of the budget is the announcement of a 4.8% increase in the operating budget for the health department, bringing it to R1.5 billion.
This demonstrates the city’s commitment to prioritizing the health and well-being of its residents by allocating resources to enhance healthcare services and facilities.
In a statement, Morero emphasized the significance of this budget, stating, “Today marks yet another milestone in our commitment to serving the people of Johannesburg by presenting a budget of R83.1 billion which includes a capital budget of R7.4 billion.
“Our commitment to infrastructure investments to address our current deficiencies and provide new capacity for growth is anchored by our 3-year capital budget of R23 billion in this budget. Through this budget, we are leaving no one behind, including people with disabilities.”
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