Wednesday, November 26, 2008

Ze Bill for ze solution is Beeg

The City of Cape Town spent at least R108-million on relief to victims of xenophobia, but so far has only been reimbursed R17-million by the provincial and national governments.

City chief financial officer Mike Richardson said the R91-million shortfall, which had to be siphoned from various council departments, would affect their budgets. (From the Cape Times)

Housing mayoral committee member Dan Plato said the money used for xenophobia relief measures were needed for other projects.

"We need to tell citizens out there that we can't afford to spend money like this." (Hahaha - Thanks for that Dan...)

With only three months left before the end of the 2007/08 financial year, the city is racing against the clock to spend its R4-billion capital budget, having only spent 32 percent by the end of February. (From the Star)

The City’s 2008/09 budget amounts to R22 792 million, represented by a Capital Budget of R3 888 million and an Operating Budget of R18 904 million. (City of Cape Town Budget)

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