Financial Reports

Financial Quarterly Report by Executive Mayor – June 2026

Published 2026-07-27

Information Statement: Proposed Long-Term Debt

INVITATION FOR PUBLIC AND TREASURY COMMENT

This information statement is published for public comment and submitted to the National Treasury and the Western Cape Provincial Treasury, at least 21 days prior to the Council meeting at which approval of the proposed debt will be considered, as required by Section 46(3) of the MFMA.

The proposed long-term debt is intended to finance capital expenditure and is therefore considered under section 46 of the Municipal Finance Management Act, 2003. The debt will not be used to fund operating expenditure and remains subject to final Council approval after consideration of public, National Treasury and Provincial Treasury comments.

Please see attached document.