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
Kwazulu-Natal / B / KZN227
Richmond
A closer look at the financial evidence behind your local government.
Reported expenditureR 170M2023/24
Reported revenueR 147,9MRevenue is not necessarily cash collected
Maintenance ratio3,588%Repairs and maintenance relative to the asset base
Cash coverage16,351 monthsLiquidity indicator
Historical context
Follow the financial trajectory.
Revenue & expenditure
Nominal ZAR · Financial-year endView exact figures
| Financial year | Expenditure | Revenue |
|---|---|---|
| 2022/23 | R 155,6M | R 140,8M |
| 2023/24 | R 170M | R 147,9M |
| 2024/25 | R 166,3M | R 150,8M |
Maintenance over time
View exact figures
| Financial year | Maintenance ratio |
|---|---|
| 2022/23 | 3,517% |
| 2023/24 | 3,588% |
| 2024/25 | 2,456% |
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 |
|---|---|
| Road and Traffic Regulation | R 28 252 639,00 |
| Roads | R 27 962 320,00 |
| Finance | R 24 367 176,00 |
| Administrative and Corporate Support | R 16 911 944,00 |
| Community Halls and Facilities | R 14 906 844,00 |
| Mayor and Council | R 13 572 098,00 |
| Municipal Manager, Town Secretary and Chief Executive | R 5 844 535,00 |
| Economic Development/Planning | R 5 687 590,00 |
| Security Services | R 5 547 698,00 |
| Solid Waste Disposal (Landfill Sites) | R 4 644 438,00 |
| Sports Grounds and Stadiums | R 3 740 035,00 |
| Corporate Wide Strategic Planning (IDPs, LEDs) | R 3 496 640,00 |
| Disaster Management | R 3 383 436,00 |
| Libraries and Archives | R 3 195 509,00 |
| Solid Waste Removal | R 2 062 600,00 |
| Project Management Unit | R 1 806 566,00 |
| Governance Function | R 1 580 974,00 |
| Cemeteries, Funeral Parlours and Crematoriums | R 1 063 562,00 |
| Street Cleaning | R 1 016 490,00 |
| Public Toilets | R 492 699,00 |
| Housing | R 469 184,00 |
| Recreational Facilities | R 5 367,00 |
Reporting & compliance
The audit record.
Unqualified - No findings
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceQualified
Audit evidenceAdverse opinion
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceUnqualified - No findings
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceUnqualified - Emphasis of Matter items
Audit evidenceUnqualified - No findings
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 | 3,588% | Audited annual repairs divided by reported property, plant, equipment and investment property. Reference 8%; ratios outside 0–100% need source review. | |
| Cash coverage | 16,351 months | Year-end cash divided by one twelfth of audited annual operating expenditure. Reference 3 months. | |
| Operating balance | -14,928% | Revenue excluding capital transfers minus operating expenditure, divided by that revenue. |