Council at its monthly meeting on 25 February 2016 approved its second adjustments budget for the 2015/2016 financial year. The total approved adjustments budget amounts to R1 005 750 245 compared to the first adjustments budget of R983  574 064 and the original budget of R949 762 159.

The second adjustments budget is comprised of an operating budget of R831 719 360 and a capital expenditure budget of R174 031 000. This compares with the original budgets of R807 387 857 and R142 374 000  respectively.

The adjusted capital expenditure budget makes provision for additional funding of R1 million for the replacement of water meters, an additional R750 000 for a traffic circle at the Alhof, Marsh and Ninth Street intersection in Da Nova and an additional R616 000 for the upgrading of the Point.

In the adjusted operating budget provision for the repair and maintenance of assets was increased by R8 million. This included an amount of R600 000 to replace stolen overhead powerlines. Depreciation was also increased by R7,6 million.