Municipalities' revenue loss headache - News Summed Up

Municipalities' revenue loss headache


A government white paper states that the revenue generated by municipalities is expected to cover 90% of their expenses. Municipalities have been falling far short of the revenue-raising targets that were once expected of them, as revenue losses eat into their earnings. Outgoing Sarpa president, Belinda Dawson, said that the focus of municipal revenue losses is often on lost revenue from electricity. "However, there can also be revenue losses in town planning, building, rates, water, tariffs, and we have subsequently ended up with losses from refuse," said Dawson. Rian Knoesen, an executive at Visual Revenue Management, a company that also provides revenue management services said Polokwane was able to increase its revenue by around R10 million per month following a revenue enhancement drive.


Source: News 24 August 06, 2023 18:37 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */