City of Joburg tries to strike balance between revenue, relief in new budget

In its R73.3-billion budget statement for the 2021/22 financial year, the City of Joburg (CoJ) has attempted to strike a balance between the needs of residents and the institution’s ability to provide services, considering continued Covid-19 impacts. The budget comprises of R65.1-billion in operating expenditure and R8.2-billion of capital expenditure. This while the medium-term budget to 2023/24 allows for a R25.5-billion capital expenditure budget.