BUDGET AND TREASURY DEPARTMENT of site 170,932 HSG 56,977 Contigencies 917,688 HSG 305,896 TOTAL...

1

MONTHLY FINANCIAL REPORT-OCTOBER 2014

BUDGET AND TREASURY DEPARTMENT:

MUNICIPAL FINANCE MANAGEMENT ACT (MFMA): MONTHLY FINANCIAL REPORT FOROCTOBER 2014

1. PURPOSE

To comply with section 71 of the MFMA, by the provision of a statement to the Executive Mayorcontaining certain financial particulars, as legislated.

2. STRATEGIC OBJECTIVES

To ensure good governance, financial viability and optimal institutional transformation with capacity toexecute its mandate.

3. BACKGROUND

The accounting officer of a municipality must by no later than 10 working days after the end of eachmonth submit to the Mayor of the municipality, and the relevant National and Provincial Treasury, astatement in the prescribed format on the state of the municipality’s budget reflecting certain particularsfor that month and for the financial year up to the end of that month.

For the reporting period ending 31 OCTOBER 2014, the ten working day reporting limit expired on 14NOVEMBER 2014.

4. OCTOBER 2014 REPORT

4.1 STATEMENT OF FINANCIAL PERFORMANCE (SFP) (BILLING REVENUE)The statement is prepared on a similar basis to the prescribed budget format, detailing revenue bysource type and expenditure by input type.

SUMMARY

Description Total Budget BudgetPROJECTEDOCT.2014

ActualOCT’2014

%PROJECTED

Income R 1 170 173 366 R124 994 613 R79 369 049 63.50%Expenditure R 1 031 705 448 R85 975 454 R81 678 410 95.00%

2


DETAIL-INCOME -OCTOBERDESCRIPTION BUDGET PROJECTED

OCT’. 2014ACTUALS –

OCT.’2014% -

OCT’. 2014RATES R293 355 761 R24 446 313 R24 288 838 99.36%RATES/PENALTIES R2 292 709 R191 059 R34 941 18.29%ELECTRICITY R238 920 431 R19 910 036 R17 591 990 88.36%WATER R258 285 128 R21 523 761 R22 265 272 103.45%SEWER R36 397 777 R3 033 148 R2 933 242 96.71%REFUSE R50 225 306 R4 185 442 R4 216 694 100.75%OTHER R638 629 R53 219 R66 730 125.39%INVESTMENT R17 958 581 R1 496 548 R87 220 5.83%INTEREST R29 894 570 R2 491 214 R3 795 511 152.36%TRAFFICANDLICENCING

R37 986 669 R3 165 556 R3 357 806 106.07%

RENTAL R1 051 168 R87 597 R94 487 107.87%

GAINS ON DISPOSAL R403 436 R33 620 R0.00 0.00

FINES R3 493 153 R291 096 R337 673 116.00%EQUITABLE SHARE R175 979 000 R43 994 750 R0.00 0.00%GRANTS/SUB R11 098 000 R924 833 R500.00 0.05%OTHER REVENUE R1 095 049 R91 254 R298 145 326.75%TOTAL R1 170 173 366 R124 994 613 R79 369 049 78.03%

OCTOBER’14 INCOME VERSUS OCTOBER’14 BUDGET – 63.50%

DETAIL-EXPENDITURE-OCTOBERDESCRIPTION BUDGET PROJECTED –

OCT.’14ACTUALS –

OCT.’14% -

OCT.’14SALARIES R345 157 454 R28 763 121 R25 392 425 85.56%COUNCILLOR’S R19 023 224 R1 585 269 R1 485 409 93.70%COLLECTION COST R455 800 R37 984 R42 782 107.35%FINANCE CHARGE R10 008 000 R833 988 R220 929 106.85%ELECTRICITY R174 409 576 R24 995 236 R11 911 987 83.77%WATER R176 059 294 R13 304 241 R14 974 992 104.40%R/MAINTENANCE R35 117 986 R2 926 499 R2 181 485 201.33%

CONTRACTED SERV R104 755 258 R8 729 605 R12 765 228 147.09%GRANTS R32 426 320 R2 702 193 R729 616 18.69%EXPENDITURE R112 953 000 R9 412 750 R10 873 557 96.32%CAPITAL R21 339 537 R1 778 295 R1 100 000 61.86%SUB/TOTAL R1 031 705 448 R95 069 181 R81 678 410 93.87%DEPRECIATION R109 946 800 R9 162 233 R9 162 233 100.00%IMPAIRMENT R104 841 117 R8 736 760 R8 736 760 100.00%

TOTAL R1 246 493 365 R112 968 174 R99 577 403 94.84%

SEPTEMBER EXPENDITURE VERSUS SEPTEMBER BUDGET – 94.84%

3


4.2 CAPITAL EXPENDITURE REPORTThe capital expenditure report has been prepared on the format as required to be lodged electronicallywith National Treasury.

SUMMARYDescription Budget PLANNING –

OCT’14 – DEC’14Actuals /OCT’14 – DEC’14

%PROJECTED

Capitalexpenditure R294 678 621 R92 595 564 R23 889 556 25.80%

ROLL OVERS(EXCL.HOUSING)

R173 792 150 R57 930 783 R9 207 378 15.89%

OperationalGrant R14 968 000 R3 742 000 R1 801 298 15.89%

The outstanding project as at 31 OCTOBER 2014 stands at R156 319 323, and are secured by way of aninvestment.

The status of year-to date expenditure, is supposed to compare to Departmental Service DeliveryBudget Implementation Plan (SDBIP) targets.

The summary report for OCTOBER’14 indicates the following: “Capex"

Department Total BudgetPLANNING –

Q2 (Oct’14 – Dec’14)ACTUALS

Q2 (Oct’14 – Dec’14) %OCT.’14

Roads/Storm Water R225 359 212 R73 884 314 R23 889 556 32.33%

ELECTRICITY R45 900 000 R13 900 000 R0.00 0

WATER R11 464 537 R 3 242 500 R0.00 0

FACILITY MANAGEMENT R3 000 000 R0.00 R0.00 0

Waste - refuse R1 500 000 R0.00 R0.00 0

LED R954 872 R0.00 R0.00 0

PARKS R1 500 000 R318 750 R0.00 0

FURNITURE AND EQUIP R5 000 000 R1 250 000 R0.00 0

TOTAL R294 678 621 R92 595 564 R23 889 556 25.80%

4


ROLL OVERS 2014'15 – OCT’14Q2 Q2 Q2

DEPARTMENT: AMOUNTFUNDINGSOURCE

OCT'14 PLANNED ACTUALS %

Roads and Stormwater:

Resealing of Annan Road 7,553,240 Income2,517,747 0

Public Safety:

New Driver’s Licence Centre (Carletonville) 1,900,000 Income633,333 0

Construction of Emergency Houses 1,400,000 Income466,667 0

EDP (LED)

Groot Trek Monument Phase 1 53,255 Income17,752 0

Library:

Waterproofing in Carletonville Library 500,000 Income166,667 0

Parks:

Installation of Concrete Palisade Fence at Piet ViljoenPark 1,500,000 Income

500,000 0

Information Technology:

Upgrade to Maximo 7.5 500,000 Income166,667 0

Upgrade to ArcGis 10 75,000 Income25,000 0

Upgrading of new Sound System (New CouncilChambers) 500,000 Income

166,667 0

Audio Video System/ Mayor and Speaker 100,000 Income33,333 0

5


Sport and Recreation

Upgrade Welverdiend Sport Stadium 780,000 Income260,000 0

Facility Management

Greenspark Community Hall 700,000 Income

233,333 0

TOTAL INCOME 15,561,495 0 5,187,165 0

0.00%

PMU: (MIG Projects)

Greenspark Pedestrian Bridge and Fencing (P/516) 6,954,768 MIG 634,959 2,318,256 634,959

Greenspark Extention 1 Roads and Stormwater (P/517) 29,700,000 MIG 9,900,000 0

Informal Trading Area Carletonville (P/519) 2,645,412 MIG 881,804 0

Upgrading Khutsong Proper Stadium (P/602) 1,136,241 MIG 414,989 378,747 414,989

Business Hive Greenspark 3,000,000 MIG 48,183 1,000,000 48,183

Kokosi Extension 5 Ring Road (Phase 2) (P/703) 38,979,370 MIG 12,993,123 0

Street Light Merafong (Phase 2) (P/704) 3,000,000 MIG 1,000,000 0

TOTAL MIG 85,415,791 1,098,131 28,471,930 1,098,131

3.86%

PMU: (Human Settlement Grant)

Installation of Internal Services (due to lostStands) 5,800,000 HSG

1,933,333 0

Welv Pumpstation (P/554) 2,004,843 HSG668,281 0

Fencing of Airfield (P/701) 7,749,111 HSG2,583,037 0

Design and Construction of Pedestrian Bridge(P/587) 10,613,181 HSG

2,157,103 3,537,727 2,157,103

6


Ext 5 Wonderspruit Outfall Sewer (P/532) 135,691 HSG45,230 0

K/South Construction of Road over Rail bridge ofP89/1 7,000,000 HSG

2,333,333 0

Ext.5 Welverdiend WWTW 2,106,591 HSG702,197 0

Re-peging of site 170,932 HSG56,977

Contigencies 917,688 HSG305,896

TOTAL HUMAN SETTLEMENTGRANT

36,498,037 2,157,103 12,166,012 2,157,103

17.73%

Electrical Engineering

Bulk supply Khutsong south sec network ext1 sub 2,335,133

778,378 0

Khutsong south Electrification PH 2 1,707,622 DOE

569,207 0

TOTAL ELECTRICALENGINEERING

4,042,755 0 1,347,585 0

0.00%

Housing and Administration

Khutsong Ext. 1,2,3 (450@73309)32,274,272 HSG

5,952,144 10,758,091 5,952,144TOTAL HOUSING ANDADMINISTRATION

32,274,272 5,952,144 10,758,091 5,952,14455.33%

T/BUDGET 5.30%

GRAND TOTAL ROLL OVERS 2014’15 173,792,350 9,207,378 57,930,783 9,207,37815.89%

7


The summary report for OCTOBER 2014 indicates the following: “GRANTS”GRANTS

Department Total BudgetPLANNING –

Q2 (OCT’14 – DEC’14)ACTUALS

Q2 (OCT’14) % - OCT.’14

HIV/AIDS R3 570 000 R892 500 R4 392 0.49%MSIG R934 000 R233 500 R9 230 3.95%FMG R1 600 000 R400 000 R592 210 148.05%PARKS R1 579 000 R394 750 0.00 0.00%EPWP R1 954 000 R488 500 R520 500 106.55%LIBRARY R5 331 000 R1 332750 R674 966 50.64%%TOTAL R14 968 000 R3 742 000 R1 801 298 48.14%

MIG ALLOCATIONS FOR THE FINANCIAL YEAR 2014’15 – R57 929 000.

Certificate of Expenditure and Revenue: OCTOBER 2014

DATEBUDGETARY

ESTIMATEADVANCES

REQUESTEDAMOUNT

RECEIVEDACTUAL

EXPENDITURE BALANCE

Total Total Total Total Total

July-14 R 39,360,503 R 39,360,503 R - R 1,146,333 R -1,146,333August-14 R - R 39,360,000 R 439,439 R 38,920,561September-14 R - R - R 8,710,917 R -8,710,917October-14 R 13,468,497 R 13,468,497 R - R 3,021,472 R -3,021,472November-14 R - R - R -December-14 R - R - R -January-15 R - R - R -February-15 R - R - R -March-15 R 5,100,000 R 5,100,000 R - R -April-15 R - R - R -May-15 R - R - R -June-15 R - R - R -

TOTAL R 57,929,000 R 57,929,000 R 39,360,000 R 13,318,161 R 26,041,839

Approved:Rollover2013/2014 R 12,309,304 R - R - R - R -Total ofAllocation +Rollover R 70,238,304 18.96%

8


4.3 CASH FLOW STATEMENT (CFA)The CFA report for October 2014 indicates a closing balance (cash and cash equivalents) of R144 281 405. Call investment deposits: None. Call investment withdrawal:R28 106 099

Under the receipts category: October 2014Total cash receipts by source reflect an amount of R60 593 436 (excluding capital).

Payments category: October 2014Total cash payments indicate R81 678 410 (excluding capital).

CASH FLOW 31 OCTOBER 2014

DetailMonth 1

JulyMonth 2

AugMonth 3

SeptMonth 4

Oct

Cash Receipts by Source

Property rates 14,419,298 26,221,916 19,340,031 13,366,056Property rates - penalties & collectioncharges 313,431 19,682 38,453 34,941

Service charges - electricity revenue 15,871,775 21,349,274 14,087,394 18,629,974

Service charges - water revenue 2,955,319 7,623,533 7,229,810 16,529,773

Service charges - sanitation revenue 794,161 1,938,582 780,711 1,291,732

Service charges - refuse revenue 887,803 1,466,193 1,149,878 1,291,095

Service charges - other 308,490 268,566 195,573 175,647

Rental of facilities and equipment 92,278 87,188 93,059 94,487

Interest earned - external investments 64,968 209,043 207,078 87,220

Interest earned - outstanding debtors 3,139,768 3,636,139 3,696,254 3,795,511

Fines 296,292 383,490 301,239 337,673

Licences and permits 2,706,779 3,435,954 2,763,725 3,357,806

Transfer receipts - operational 69,657,000 4,892,435 0 803,376

Other revenue 3,112,902 792,882 263,126 798,145

Cash Receipts by Source 114,620,264 72,324,877 50,146,331 60,593,436

Other Cash Flows/Receipts by Source

Transfer receipts - capital 0 39,360,000 0 1,500,000

Proceeds on disposal of PPE

Total Cash Receipts by Source 114,620,264 111,684,877 50,146,331 62,093,436

Cash Payments by Type

Employee related costs 25,063,213 24,033,466 24,610,015 25,392,425

Remuneration of councillors 1,465,775 1,501,546 1,485,409 1,485,409

Collection costs 42,238 1,657,286 40,777 42,782

Interest paid 138,466 124,289 891,150 220,929

Bulk purchases - Electricity 23,116,621 23,875,094 20,937,610 11,911,987

Bulk purchases - Water & Sewer 14,671,608 15,000,265 13,889,704 14,974,992

Contracted services 4,665,890 11,846,467 12,840,661 12,765,228

9


General expenses 5,388,776 9,815,932 14,550,100 14,884,658

Cash Payments by Type 74,552,587 87,854,345 89,245,426 81,678,410

Other Cash Flows/Payments by Type

Capital assets 0 14,643,956 13,091,728 34,898,233

Repayment of borrowing 552,240 565,957 558,542 567,862

Other Cash Flows/Payments 0 0 0

Total Cash Payments by Type 75,104,827 103,064,258 102,895,696 117,144,505

Net Increase/(Decrease) in Cash Held 39,515,437 8,620,619 -52,749,365 -55,051,069Cash/cash equivalents at the month/yearbegin: 203,945,783 243,461,220 252,081,839 199,332,474Cash/cash equivalents at the month/yearend: 243,461,220 252,081,839 199,332,474 144,281,405

4.4 OUTSTANDING DEBTORS REPORT OCTOBER 2014.The Debtors report has been prepared on the basis of the format required to be lodged electronicallywith National treasury. The format provides an extended age analysis, as well as an age analysis bydebtor type.

AGE ANALYSES – OCTOBER 2014

Detail0 -

30 Days31 -

60 Days61 -

90 Days91 -

120 Days121 -

150 Days151 -

180 Days181 Days -

1 YearOver 1

YearTotal

-

Income SourceWater

171,738,738 22,038,955 8,047,580 3,321,054 18,145,636 3,648,404 2,771,841 86,470,984 316,183,190Electricity

13,966,527 13,629,857 3,556,213 2,263,589 1,553,924 1,121,615 879,889 18,388,541 55,360,154Property Rates

24,030,599 19,905,752 6,116,473 4,401,955 4,056,262 3,380,161 3,307,082 69,286,373 134,484,656Waste WaterManagement 2,981,391 2,564,921 1,970,129 1,677,397 1,464,091 1,599,780 1,308,316 34,300,156 47,866,182Waste Management

4,152,145 3,728,841 3,216,150 2,962,686 1,725,044 1,469,749 1,401,965 49,755,537 68,412,117Property Rental

Debtors 67,454 45,926 23,863 10,950 5,912 5,337 4,788 389,168 553,398Interest

0 0 0 0 24,777,479 11 0 392,528 25,170,018fruitless/wastefulExp. 0 0 0 0 0 0 0 0 0Other

10,455,961 14,471,540 5,688,558 4,184,255 23,310,076 3,567,305 3,252,074 113,833,032 178,762,802Total By IncomeSource 227,392,815 76,385,792 28,618,965 18,821,887 75,038,423 14,792,361 12,925,954 372,816,319 826,792,517Debtors AgeAnalysis ByCustomer Group

Organs of State 1,987,827 1,803,398 1,241,990 1,083,133 2,484,255 663,463 573,162 11,331,981 21,169,209

Commercial 191,977,921 44,953,486 8,675,364 3,561,978 47,332,424 2,940,470 2,719,613 57,076,968 359,238,225

Households 29,401,348 22,628,258 16,240,281 12,040,678 12,305,899 9,192,669 7,925,405 237,440,907 347,175,445

Other 4,025,719 7,000,650 2,461,329 2,136,097 12,915,845 1,995,760 1,707,774 66,966,463 99,209,638

Total / Group 227,392,815 76,385,792 28,618,965 18,821,887 75,038,423 14,792,361 12,925,954 372,816,319 826,792,517

10


Outstanding debtors on 30 June 2014 – R666 446 140

The summary report for OCTOBER 2014 indicates the following: “DEBTORS”Outstanding DEBTORS –OCTOBER 2014

Outstanding DEBTORS– SEPTEMBER 2014

Variance

R826 792 517 R755 661 278 R71 131 239

The summary report for OCTOBER 2014 indicates the outstanding different categories:OUTSTANDING DEBTORS CATEGORIES AMOUNT

OUTSTANDINGPERCENTAGE

R826 792 517 Organs of State R21 169 209 2.26%R826 792 517 Commercial R359 238 225 43.45%R826 792 517 HOUSEHOLD R446 384 983 53.99%

The table illustrates that the major debt outstanding is the household, with 53.99%. Provision that wasmade for possible bad debt amounted to R104 841 117 for the financial year 2014/15.

4.5 OUTSTANDING CREDITORS REPORT “TRADE CREDITORS/SUNDRY CREDITORS.

11


The Creditors report has been prepared on the basis of the format required to be lodged electronicallywith National Treasury. This format provides an extended age analysis, as well as an aged analysis bycreditor type.

The summary report for OCTOBER 2014 indicates the following: “TRADE CREDITORS”Outstanding Creditors –OCTOBER’ 2014

Outstanding Creditors– SEPTEMBER’14

Variance

R7 076.00 R0.00 R7 076.00

AC : AGE ANALYSIS OF CREDITORS (All values in Rand)

Item Detail

0 -30

Days

31 -60

Days

61 -90

Days

91 -120

Days

121 -150

Days

151 -180

Days

181Days -1 Year

Over1

YearTotal

-0100 Bulk Electricity 0 0 0 0 0 0 0 0 00200 Bulk Water 0 0 0 0 0 0 0 0 00300 PAYE deductions 0 0 0 0 0 0 0 0 0

0400VAT (output lessinput) 0 0 0 0 0 0 0 0 0

0500

Pensions /Retirementdeductions 0 0 0 0 0 0 0 0 0

0600 Loan repayments 0 0 0 0 0 0 0 0 00700 Trade Creditors 7,076 0 0 0 0 0 0 0 7,0760800 Auditor General 0 0 0 0 0 0 0 0 00900 Other 0 0 0 0 0 0 0 0 01000 Total 7,076 0 0 0 0 0 0 0 7,076

TP01

C15380CARLETONVILLEPRESS (PTY) LTD 7,076 0 0 0 0 0 0 0 7,076

TP02 0 0 0 0 0 0 0 0 0TP03 0 0 0 0 0 0 0 0 0TOT Total 7,076 0 0 0 0 0 0 0 7,076

12


The summary report for OCTOBER 2014 indicates the following: “SUNDRY CREDITORS”Outstanding Creditors –OCTOBER 2014

Outstanding Creditors –SEPTEMBER 2014

Variance

R86 934 045 R57 141 982 R29 792 063

Sundry creditors 31 October 2014

JULY'14 AUG'14 SEPT'14 OCT'13Trade creditors 0 0 0 0(8170-90130)

Payments received in Advance(CREDIT BALANCES ON DEBT ACC.) R14,970,993 R 9 690 867 R7 588 109 R7 309 481

Retention(8170-90131) R30,760,059 R29 306 579 R25 428 348 R22 700 816

Other creditorsUNIDENTIFIED DEPOSITS(8143-91041) R646,475 R646 837 R652 758 R640 398SUNDRY DEBTORS CASHIER SHORTAGES(8143-91031) 0 0 0 0SALARIES CREDITORS CTL(8171-90140) 0 0 0 0SALARY CREDIT CONTROL(8171-90150) R276,766 R303 345 R329 819 R307 158CREDITORS UNCLAIMED LOANS(8170-90021) R50,000 R50 000 R50 000 R50 000

R923,241 R1 000 182 R1 032 577 R997 556

Outstanding Cheques R30 215 404 R12 696 849 R23 101 948 R55 926 192(BANK RECONCILIATION)

GRAND TOTAL R76 869 697 R52 694 477 R57 141 982 R86 934 045

It should be mentioned that major creditors (Rand Water and Eskom) were paid in full.

13


6. GENERAL FINANCIAL INFORMATION

This report is based upon financial information available at the time of preparation. However it doesn’tform part of the MFMA requirements. This is also important for the Budget and Treasury department toreport the following information to the Mayor. The financial results for the period ended 31 OCTOBER2014 are summarized as follows:

CREDIT CONTROL

Payment levels: Q2Month levied Payment %

OCTOBER 2014NOVEMBER 2014DECEMBER 2014Average Q2 R R

PAYMENT LEVELS FOR PERIOD 01 Sep 14 - 30 Sep 14

SURBURB BALANCEB/F

AMOUNTLEVIED

AMOUNTPAID

NEWBALANCE

% ONB/F

% ONLEVIED

CARLETONVILLE 95,101,831 25,244,483 13,667,787 106,678,527 14.37% 54.14%FOCHVILLE 26,214,050 11,791,392 5,826,839 32,178,603 22.23% 49.42%GREENSPARK 5,202,277 479,902 40,287 5,641,892 0.77% 8.39%KHUTSONG 113,094,641 3,506,367 229,471 116,371,537 0.20% 6.54%KOKOSI 73,554,153 3,984,144 392,390 77,145,907 0.53% 9.85%KHUTSONG SOUTH 51,620,640 2,351,903 98,520 53,874,023 0.19% 4.19%WEDELA 52,308,062 3,114,089 583,100 54,839,051 1.11% 18.72%BLYBANK 7,261,937 926,640 64,839 8,123,738 0.89% 7.00%WELVERDIEND 6,252,039 1,089,589 650,850 6,690,778 10.41% 59.73%PLASE 118,695,561 34,112,167 18,510,460 134,297,268 15.59% 54.26%

TOTALS 549,305,191 86,600,676 40,064,543 595,841,324 7.29% 46.26%

14


6.2 DISTRIBUTION LOSSES

ELECTRICITY – Q2DATE ELECTRICITY PURCHASED

UNITSELECTRICITY SALES

UNITSPERCENTAGE LOSS

OCTOBER 2014 17 930 470 15 275 568 14.81%NOVEMBER 2014DECEMBER 2014Average 17 930 470 15 275 568 14.81%

ELETRICITY LOSSES 2014/15100UNITS UNITS % %SOLD PURCHASED SOLD LOSS

Jul-14 15 579 800 20 967 364 74.31% 25.69%Aug-14 16 911 733 18 976 984 89.12% 10.88%Sep-14 17 170 013 18 223 051 94.22% 5.78%Oct-14 15 275 568 17 930 470 85.19% 14.81%Nov-14 0.00 0.00 #DIV/0! #DIV/0!Dec-14 0.00 0.00 #DIV/0! #DIV/0!Jan-15 0.00 0.00 #DIV/0! #DIV/0!Feb-15 0.00 0.00 #DIV/0! #DIV/0!Mar-15 0.00 0.00 #DIV/0! #DIV/0!Apr-15 0.00 0.00 #DIV/0! #DIV/0!May-15 0.00 0.00 #DIV/0! #DIV/0!Jun-15 0.00 0.00 #DIV/0! #DIV/0!

15


6.1 DISTRIBUTION LOSSES:

WATER – Q2DATE WATER SALES -KL WATER PURCHASED KL PERCENTAGE LOSSOCTOBR 2014 674 618 1 147 175 41.19%NOVEMBER 2014DECEMBER 2014

Average 674 618 1 147 175 41.19%

WATER LOSSES 2014/15100

UNITS UNITS % %SOLD PURCHASED SOLD LOSS

Jul-14 526,566.00 1,064,554.00 49.46 50.54%Aug-14 723 239.00 1 050 750.00 68.83% 31.17%Sep-14 556 560.00 1 164 897.00 47.78% 52.22%Oct-14 674 618.00 1 147 175.00 58.81% 41.19%Nov-14 0.00 0.00 #DIV/0! #DIV/0!Dec-14 0.00 0.00 #DIV/0! #DIV/0!Jan-15 0.00 0.00 #DIV/0! #DIV/0!Feb-15 0.00 0.00 #DIV/0! #DIV/0!Mar-15 0.00 0.00 #DIV/0! #DIV/0!Apr-15 0.00 0.00 #DIV/0! #DIV/0!May-15 0.00 0.00 #DIV/0! #DIV/0!Jun-15 0.00 0.00 #DIV/0! #DIV/0!

16


6.4 BANK RECONCILIATIONThe bank reconciliation is up to date and all items are dealt with and reconciled.

CASHBOOK BALANCE-OCTOBER 2014 BANK BALANCE-OCTOBER 2014-R55 193 252 R3 304 444

Bank Reconciliation ... 31 OCTOBER 2014

General Ledgerbalance... -R55 193 252- Outstanding deposits.. R17 168 652+ Unknown

deposits...... R50 129 492+ Outstanding

cheques... R55 926 192- Unknown

cheques....... -R13 828 674+ Cheque amount

diff.... 0.00- Other diff - G/L...... R31 112 323- Other diff - Statement -R14 551 660

Bank statementbalance... R3 304 444

6.5 EXTERNAL LOANSBALANCE OCTOBER 2014 BALANCE- SEPTEMBER 2014 VARIANCER46 044 203 R46 612 066 -R567 863

17


EXTERNAL LOAN REGISTER AS AT 31 OCTOBER 2014

INTERESTRATE

REDEMPTIONDATE LOAN NO.

BALANCEAS AT

RECEIVEDDURING

REDEEMEDOR

WRITTENBALANCE AS

AT

1/7/2014 THE YEAROFF

DURING 31/10/2014THE YEAR

R R R R

EXTERNAL LOANS

Standard Bank 10.97% 6/30/2016MERA-00-

0001 14,856,017 2,244,602 12,611,415Development Bank of SouthAfrica 5.00% 6/30/2025 N/W 102298 30,672,519 30,672,519TOTAL 45,528,536 0 2,244,602 43,283,934

FINANCE LEASES

Nashua Fixed NASHUA 2,760,269 2,760,269Konica1 Fixed KONICA1 0 0 0TOTAL 2,760,269 0 0 2,760,269

TOTAL LONG-TERMLIABILITIES 48,288,805 0 2,244,602 46,044,203

The external loan register exists out of the following: External loans – R43 283 934

Finance leases – R2 760 269

6.6 INVESTMENT PORTFOLIOThe table indicates the status of the investment portfolio.BALANCE – OCTOBER 2014 BALANCE SEPTEMBER 2014 VARIANCE

R97 862 035 R125 968 134 R28 106 099

18


6.7 TENDERSHere with is a tender statement for the month OCTOBER 2014

MERAFONG CITY LOCAL MUNICIPALITY

RESULTS OF QUOTATIONS AND TENDERS AWARDED FOR THE PERIOD 01 OCTOBER 2014 to 30 OCTOBER 2014

6.8 OUTSTANDING WATER AND ELECTRICITY – COUNCILLOR’S

COUNCILLORS SERVICES ACCOUNTS IN ARREARS OCTOBER 2014

NONE

LIST OF COUNCILLORS WITHOUT ACCOUNTS

NAME PERS NO COMMENTGM SELLO C201104 Farm area - no accountN MADIKIZELA C201119 Informal settlement B201 KhutsongTE THATOBA C201121 West deep levelsBJ QOTOYI C201129 Informal settlement no accountL QUINEBA C201132 Informal settlement no accountB MAPOLISA C201136 3C MTC Res, BlyvoorNP SOTASHE C201156 Eastdriefontein Hostel

TENDER NO

Date ofadvert

DATEAWARDED DESCRIPTION SUCCESSFUL

TENDERER/S AMOUNT ADDRESS SMME/ LESSR1M/ PERIOD

Closingdate

CS (SRACH)11/09/1415

AUG 2014SEP 2014

The Supply & Delivery ofBranded Sport Clothing for the2014 O.R Tambo Games 2014

Johabue Trading & Projects(Pty)) LTD R398 000.00

3478 Khayalethu SectionKhutsong LocationCarletonville, 2499

30 days.AUG2014

ID(E) 01/07/1415 June 2014 AUG 2014 The Electrification of 473 &465 Stands Khutsong South

Immediate Electrical (Pty)Ltd R7 872 857.78

No.4 Valty StreetDuncanvilleVerreeniging1939

60 days

19


M NKAYITSHANA C201151 Informal settlement no accountWM MBABA C201124 14 Stanite str Elandsridge CarletonvilleS MTHAKATHI C201141 R120 Rivonia Khutsong

Z GIWU C20115072 Limpop str Pholong EastDriefontein

BM MALIBE C201153 5 Tower BlyvoorMP TWALA C201120 TENANT AT 15 KHUTSOUNG SOUTH

MANAGER INCOMEM. Chauke

CouncilorsBALANCE–OCTOBER 2014 BALANCE SEPTEMBER 2014

R0.00(0)

R0.00(0)


PERSONNEL ACCOUNTS IN ARREARS OCTOBER’14

NAME ACC NO

OPENBALANCESEPT'14

AMOUNTBILLED

AMOUNTPAID

BALANCEOCT'14 OWNER

SALARYLEVEL

APPOLLIS S 010075000000017 3,283.50 3,445.27 (1,500.00) 5,228.77 YES 15

MAKUBALO MJ 00470670 6,184.64 282.13 (582.13) 5,884.64 YES 15

MALEBO TK 00217557 3,505.07 458.81 (604.50) 3,359.38 YES 12 to 11

MANOTO 01050251 15,387.16 392.02 (1,000.00) 14,779.18 YES 15

MATSEPE DW 00082677 47,640.77 1,151.37 (1,240.00) 47,552.14 YES 15

MOKONE NJ 00218134 3,564.55 727.58 (1,220.26) 3,071.87 YES 15

20


MOLEFE GK 00132166 25,813.32 750.48 (1,000.00) 25,563.80 YES 15

NYANISO V 080086600000028 874.06 1,036.56 (1,619.02) 291.60 NO

RANOKA MC 00523353 9,522.19 3,259.74 (2,000.00) 10,781.93 NO

SEYILANE SI 00576186 26,687.59 1,243.52 (1,600.94) 26,330.17 YES 15

TSABANGU PD 00488388 8,346.98 410.59 (882.54) 7,875.03 YES 15

TSEJANE M 02110418 24,611.62 286.71 (636.80) 24,261.53 YES 15

174,980.04

MANAGER INCOMEM. Chauke

BALANCE–OCTOBER 2014 BALANCE–SEPTEMBER 2014R174 980.04

(12)R175 42145

(12)

According to Local Government: Municipal Systems Act 32 of 2000, a Councilor’s and staff membermust not be in arrears to the Municipality for rates and services charges for a period longer than threemonths.

21



COUNCILLORS UP TO DATE ACCOUNTS FOROCTOBER’14

NAMEPERS

NO ACC NO

AMOUNTDUE

AUGUST '14

AMOUNTPAID

AUGUST'14 TOTALRI LETHEYA C201102 20060700000019 1099.40 -1099.40 0.00SH LWANA C201103 1053213 481.72 -481.72 0.00M DYONASE C201130 2108715 547.56 -547.56 0.00NM FANI C201138 1049231 473.38 -473.38 0.00MB LEPHUTING C201105 222324 337.94 -337.94 0.00WM MATTHIKGE C021157 80106500000038 1918.89 -1918.89 0.00MMW MOLUBI C201108 2025353 898.62 -898.62 0.00IM MOGALE C201107 134163 400.76 -400.76 0.00A ACKERMAN C201155 20049000000014 1605.73 -1605.73 0.00TK FOTENG C201144 80000500000037 1131.98 -1131.98 0.00L ISHERWOOD C201142 347549 1644.68 -1644.68 0.00NG KASIBI C201149 640314 309.60 -309.60 0.00VW MCUNANA C201118 30731100000007 271.81 -271.81 0.00TD MLAMBO C201123 414724 204.23 -204.23 0.00MF MOEKETSI C201135 1065924 282.13 -282.13 0.00MMK MOKWENA C201137 40200800000009 449.86 -449.86 0.00MP MOLAMU C201152 2068533 268.86 -268.86 0.00JM RAMOKGOATEDI C201154 10338500000014 975.02 -975.02 0.00MM SETONA C201140 2073484 280.16 -280.16 0.00EL SOBANTU C201114 2097534 433.24 -433.24 0.00M MOYENI C201106 10245300000003 2588.84 -2588.84 0.00M KAWE C201110 20266400000022 250.92 -250.92 0.00M J MOLOKE C201111 40108900000004 19.07 -19.07 0.00J JOOSTE C201158 280654 5184.66 -5184.66 0.00BJ NGWETSHENI C201131 2114765 428.22 -428.22 0.00MV JIBA C201126 90267872000011 200.28 -200.28 0.00HM MAMOME C201116 3004412 849.07 -849.07 0.00MJ MAKITI C201109 10129400013072 903.20 -903.20 0.00IR KOBOYANKWE C201113 00322008 4075.46 -4075.46 0.00CMD REBELO C201160 00367418 1315.94 -1315.94 0.00MJ PUSHO C201122 117143 371.12 -371.12 0.00BC XULU C201115 050315800000009 164.84 -164.84 0.00DV TABANE C201159 10522200000026 781.57 -781.57 0.00BR MAFIKA C201162 50425100000008 200.96 -200.96 0.00MJ MAKITI C201109 10129400013072 903.20 -903.20 0.00JDW ZWART C201143 20104424000015 399.04 -399.04 0.00

22


M P TELILE C201127 120061700000012 762.77 -762.77 0.00J ROSSOUW C201117 501020061000004 237.99 -237.99 0.00WT MOSIANE C201161 02062796 309.15 -309.15 0.00

7. FINANCIAL STATEMENTS/BUDGETS/Midyear report

The Revised budget was tabled on 28 February 2014. The first draft budget was tabled on 27March 2014. The final budget was tabled and approved by Council on 29 May 2014. The financialstatements are in process and must be finalized on or before 31 August 2014, according to MFMA 126 (1)(a). The External Auditors are currently auditing the financial statements.

8. CONCLUSIONS

This report is in compliance of section 71 of the MFMA, by providing a statement to the ExecutiveMayor containing certain financial particulars, as legislated.

23


RECOMMENDATION

i) The Accounting Officer submits to the Executive Mayor a statement reflecting certain financialparticulars for the month ending 31 OCTOBER 2014

ii) In order to comply with Section 71(4) of the MFMA, the Accounting Officer ensure that thisstatement be submitted to National and Provincial Treasury, in both a signed document format andin electronic format.

________________________________CHIEF FINANCIAL OFFICERAR NGWENYA

________________________________ACTING MUNICIPAL MANAGERLR THIBINI

________________________________PORTFOLIO HEAD FINANCECLLR (Ms) WM MATHIKGE

_______________________________EXECUTIVE MAYORCLLR (Ms) SM MOGALE-LETSIE

Date post:	16-Mar-2019
Category:	Documents
Upload:	lynga
View:	218 times
Download:	0 times

BUDGET AND TREASURY DEPARTMENT of site 170,932 HSG 56,977 Contigencies 917,688 HSG 305,896 TOTAL...

Documents