Stats SA: Municipal revenue increased by R27bn

About 30% of the revenue was made up of grants and subsidies while 28% was supported by electricity sales.

FILE: Statistician-General Pali Lehohla. Picture: EWN.

JOHANNESBURG - Stats South Africa says nationwide municipal revenue grew by R27 billion to R333 billion, partly driven by increases in water and electricity sales.

Statistician General Pali Lehohla released the 2016 financial year census of municipalities at a briefing in Pretoria on Wednesday.

Stats SA’s latest figures show municipal revenue increased from R306 billion in 2015 to R333 billion in the most recent financial year.

About 30% of the revenue was made up of grants and subsidies while 28% was supported by electricity sales.

Stats SA’s Patrick Naidoo says several factors contributed to the increase in revenue.

“There’s more water being sold, more electricity being sold and furthermore the grant that is being given to municipalities has also gone up from year-to-year.”

State subsidies increased by 8.9% year-on-year.

(Edited by Zinhle Nkosi)