Midvaal Local Municipality has unanimously approved the 2025/2026 Medium Term Revenue and Expenditure Framework (MTREF) and Integrated Development Plan.
Midvaal Municipality is one of the few municipalities in Gauteng to approve a fully funded budget.
The MTREF comprises of a 3-year plan for 2025/2026, 2026/2027 and 2027/2028.
Both the Draft IDP and MTREF come after months of consultations with various communities and stakeholders across the municipality.
This R2 billion 2025/2026 MTREF was drafted with careful consideration of the challenging economic climate facing the people of Midvaal, as well as the wider challenges faced by South Africa.
It showcases a government that prioritises the well-being and interests of its residents.
The MTREF budget is credible, effective, efficient, realistic and fully funded.
THE FOLLOWING ARE THE KEY ASPECTS OF THE BUDGET:
Operational Budget
The Revenue Budgeted for the year is R2.126 billion. This represents an increase of 9.79% over the current year’s budgeted revenue.
The Tariff Increases for assessment rates, water and refuse collection are 7%, Sanitation 6% and electricity 12.7%, subject to NERSA approval.
The Expenditure Budget for the year is R2.111 billion. This is an increase of 11.86% on the current year’s budgeted expenditure.
The major cost driver on the expenditure side has been the proposed increase in tariffs from Eskom, which is at 12.7%.
The salary budget accounts for 23% of expenditure, with a 5.01% provision for an increase
Repairs and maintenance as a percentage of total expenditure is 10.80% and is well within the prescribed 8% of the Property, Plant and Equipment.
KEY SERVICE DELIVERY PROJECTS FOR THE 2025/2026 FINANCIAL YEAR
The municipality has allocated R69 million to replace old asbestos pipes using the Water Services Infrastructure Grant (WSIG). This will reduce water losses, improve revenue generation, and strengthen the efficiency of our water management systems.
The municipality is continuing with Phase 3 of the electrification of Sicelo in Extension 5 (Silahliwe). In previous budgets, we allocated funding for Phases 1 and 2 in Kuvukiland and Stand 118.
We have also allocated R26 million for the construction of a substation in Savanna City, which will increase electricity capacity to support future housing developments.
R27 million has been set aside in the 2024/25 budget from loan finance for road rehabilitation and the conversion of gravel roads to tar. A further R22 million is allocated in the 2025/26 financial year to continue with rehabilitation and gravel-to-tar upgrades.
The municipality has procured two high-speed vehicles for crime prevention purposes. We have made provision for the employment of Law Enforcement Officers who will drive these high-speed vehicles, working alongside our CCTV cameras and other safety mechanisms to curb criminal activities in our municipality. CCTV cameras are being rolled out in the Western and Northern regions, while a significant portion of the budget is being used to maintain existing cameras.
The municipality will give rebates of 25% and 50% on property rates. The threshold for qualification has been extended to five times the value of the SASSA Old Age Pension Grant, which equates to approximately R11,000.
Through this budget and the pursuit of the IDP, we are confident that we will continue providing excellent service delivery.
Midvaal will create an environment conducive to investment, growth and opportunities whilst making significant strides in improving the lives of our residents.
ISSUED ON BEHALF OF THE OFFICE OF THE EXECUTIVE MAYOR.
For media enquiries, please contact:
Idah Satikhe
Senior Media Officer
MokgadiS@midvaal.gov.za
010 494 3112
