City of Johannesburg deputy mayor and member of the mayoral committee for finance Loyiso Masuku on Wednesday presented the municipality's budget for 2026/27.
City of Johannesburg deputy mayor and Finance Member of the Mayoral Committee Loyiso Masuku announced the municipality’s R97.1 billion budget on Wednesday.
Masuku tabled the budget amidst the city’s financial troubles, including Finance Minister Enoch Godongwana’s concerns over its finances.
“Allow me to now table before council the budget for the 2026/27 financial year: operating revenue: R90.4bn, operating expenditure: R88.3bn, projected surplus: R2.1bn (before taxation and capital grants), capital budget: R8.8 bn (R25.3bn over the medium term),” Masuku said.
She added that that the municipality was tabling a total budget of R97.1bn for the 2026/27 financial year.
