Significant investments in new and upgraded infrastructure as well as housing development are key features of Johannesburg's R47-billion Budget for the 2014/15 financial year.
Delivering the City's annual budget, the Member of the Mayoral Committee for Finance, Councillor Geoffrey Makhubo, said the City will take over the provincial housing function from 1 July. In support of this function, the Human Settlement Capacity Grant of R59.5 million has also been appropriated to the City for the first time to ensure that the City has appropriate capacity.
The City's housing department has been allocated a three-year capital budget of R2.6 billion. This will be used for the upgrading of existing informal settlements, hostel refurbishment and the development of mixed-used precincts in the Inner City and the urban core.
Among the capital projects provided for are the refurbishment of the Helen Joseph hostel and the provision of bulk infrastructure in Klipspruit / Kliptown, Lehae, Lufhereng, Matholesville and Sol Plaatje.
The Johannesburg Social Housing Company (Joshco) is responsible for a number of projects including the project management of housing development, the repair and maintenance of city hostels and flats and the administration of tenant leases. Among the new housing projects provided for in the budget are in Dobsonville (R50-million), Fleurhof Junction (R20-million), the Klipspruit staff hostel (R60-million) and Selkirk (R35-million).
Member of the Mayoral Committee for Finance, Councillor Geoffrey Makhubo, said City Power would receive an operating budget of R13.2 billion and a multi-year capital budget of R7.3 billion. This will be allocated towards new infrastructure and the refurbishment of existing infrastructure in areas such as Riversdale, Berea, Ferndale, Lenasia and Halfway House.
To curb the scourge of vandalism and cable theft, City Power will invest in alarm monitoring devices at substations as well as pylon monitoring alarms. Obsolete meters are being replaced with pre-paid units and smart meters across the City.
The upgrading of water infrastructure is continuing in areas such as Driefontein, Bushkoppies, Diepsloot, Lenasia and Ennerdale. Through Operation Gcin'amanzi Johannesburg will invest R234.2 million in rolling out prepaid meters for water conservation and addressing water losses city wide.
Pikitup receives R1.8 billiion for its operations which include waste management, street sweeping and the removal of illegal dumping. A waste treatment facility is being built in Diepsloot and new plant equipment for the composting of organic waste will be provided in Orange Farm.
2014 Budget Speech
2014 Media Briefing Statement