2017-2018 BUDGET: Putting Joburg on the road to a new trajectory

24 May 2017

 

City of Johannesburg Member of the Mayoral Committee for Finance Cllr Rabelani Dagada has allocated the Transport Department an operating budget of R1.5-billion for the 2017-2018 financial year and a three-year capital budget of R3.5-billion to fund a number of key projects in the city.

 

These include:

• Transit-oriented development in identified priority areas;

• The purchase of new buses for Rea Vaya and Metrobus;

• The continued rollout of the Rea Vaya infrastructure; and

• The development of various public transport facilities.

Johannesburg Metrobus has been allocated a budget of R706-million for the coming financial year and a three-year capital budget of R308-million.

The Johannesburg Roads Agency will receive an operating budget of R1.1-billion in the 2017-2018 financial year and a three-year capital budget of R4-billion.

Cllr Dagada said of this, R105-million had been allocated for the installation and repair of broken down traffic lights throughout the City. Another R79-million has been set aside to continue with the City’s war against potholes. The City has committed itself to repairing 80% of all reported potholes within seven working days.

An amount of R1.2-billion has been budgeted to upgrade gravel roads in Orange Farm, Ivory Park, Diepsloot, Doornkop, Braamfischerville, Tshepisong, Lawley, Protea South, Drieziek, Poortjie, Slovoville, Kaalfontein and Mayibuye in the next three years.

The Metropolitan Trading Company, which runs the City’s broadband business, has been allocated an operating budget of R385-million and a capital budget of R88-million over the medium term.

The Johannesburg Property Company has been allocated an operating budget of R899-million for the 2017-2018 financial year and a three-year capital budget of R557-million.