By 31 January 2022, a mid-year performance assessment report for the first six months of the budget year was tabled in Council. The performance assessment report recommended that an adjustment budget for the financial year 2021/22 be compiled and tabled before the Council for consideration, after approval of the mid-term report.
Based on the assessment report and service delivery challenges identified in the city, it was decided that the following projects/ programmes will be prioritized in the adjustment budget to be funded through the operational and capital expenditure.
That the original budget as approved on 30 June 2021 be adjusted accordingly. Operating Income be decreased by R93,598 million to the revised amount of R7,980 billion. The Operating Expenditure be decreased by R7,307 million to the revised amount of R 7,444 billion. The Capital Expenditure Budget be decreased by R25,070 million to the revised amount of R 1,196 billion for the 2021/22 financial year as set out in the following: