Operating deficit
Reported annual operating expenditure exceeded revenue excluding capital transfers. This financial pressure is distinct from proof of service failure.
Municipality directoryEvidence note 01
2023/24 2022/23 2021/22 2020/21 2019/20 2018/19 2017/18 2016/17 2015/16 2014/15 2013/14 2012/13 2011/12 2010/11
Free State / B / FS161
Letsemeng
A closer look at the financial evidence behind your local government.
Reported expenditureR 359,9M2023/24
Reported revenueR 247,5MRevenue is not necessarily cash collected
Maintenance ratio0,337%Repairs and maintenance relative to the asset base
Cash coverage7,753 monthsLiquidity indicator
Historical context
Follow the financial trajectory.
Revenue & expenditure
Nominal ZAR · Financial-year endView exact figures
| Financial year | Expenditure | Revenue |
|---|---|---|
| 2022/23 | R 159,9M | R 212,7M |
| 2023/24 | R 359,9M | R 247,5M |
| 2024/25 | R 368M | R 255,4M |
Maintenance over time
View exact figures
| Financial year | Maintenance ratio |
|---|---|
| 2022/23 | 0,279% |
| 2023/24 | 0,337% |
| 2024/25 | 0,226% |
Where expenditure goes
Eight largest reported categories are shown individually. All remaining reported categories are summed as “Other”; the exact data table lists each source category.
View exact figures
| Category | Expenditure |
|---|---|
| Finance | R 144 822 943,00 |
| Asset Management | R 57 410 771,00 |
| Electricity | R 48 885 353,00 |
| Administrative and Corporate Support | R 33 205 439,00 |
| Waste Water Treatment | R 19 673 670,00 |
| Water Distribution | R 15 425 335,00 |
| Mayor and Council | R 9 371 380,00 |
| Municipal Manager, Town Secretary and Chief Executive | R 6 801 182,00 |
| Property Services | R 4 819 853,00 |
| Fleet Management | R 3 691 758,00 |
| Governance Function | R 2 949 568,00 |
| Supply Chain Management | R 2 656 733,00 |
| Legal Services | R 2 636 617,00 |
| Project Management Unit | R 1 906 833,00 |
| Water Treatment | R 1 869 403,00 |
| Street Lighting and Signal Systems | R 1 744 649,00 |
| Community Halls and Facilities | R 887 600,00 |
| Sewerage | R 470 096,00 |
| Health Services | R 171 228,00 |
| Human Resources | R 162 580,00 |
| Sports Grounds and Stadiums | R 149 940,00 |
| Corporate Wide Strategic Planning (IDPs, LEDs) | R 123 805,00 |
| Storm Water Management | R 21 500,00 |
| Roads | R 12 770,00 |
| Solid Waste Removal | R 8 779,00 |
Reporting & compliance
The audit record.
Qualified
Source link unavailableQualified
Source link unavailableQualified
Audit evidenceQualified
Audit evidenceQualified
Source link unavailableQualified
Source link unavailableQualified
Audit evidenceDisclaimer of opinion
Audit evidenceQualified
Audit evidenceQualified
Audit evidenceDisclaimer of opinion
Audit evidenceQualified
Audit evidenceQualified
Audit evidenceDisclaimer of opinion
Audit evidenceAn audit opinion assesses financial reporting and compliance. It does not certify service delivery or rule out all wrongdoing.
Trace each indicator
The evidence behind the view.
| Indicator | Reported value | What it tells you | Evidence |
|---|---|---|---|
| Repairs and maintenance | 0,337% | Audited annual repairs divided by reported property, plant, equipment and investment property. Reference 8%; ratios outside 0–100% need source review. | |
| Cash coverage | 7,753 months | Year-end cash divided by one twelfth of audited annual operating expenditure. Reference 3 months. | |
| Operating balance | -45,398% | Revenue excluding capital transfers minus operating expenditure, divided by that revenue. |