Ventersdorp/Tlokwe was established on 3 August 2016 through the amalgamation of Ventersdorp and Tlokwe City Council.
Mayor/Executive Mayor
  • Khotso Khumalo
Municipal Manager
  • Nomathemba Emily Mokgethi
Deputy Mayor/Executive Mayor
Not Available
Chief Financial Officer
  • Manato Isaac Moruti

Contact Details last updated: March 2017

Financial Performance

Audit outcomes

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Cash Balance July 2015 - June 2016

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Cash Coverage July 2015 - June 2016

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Spending of Operating Budget July 2015 - June 2016

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Spending of Capital Budget July 2015 - June 2016

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Spending on Repairs and Maintenance July 2015 - June 2016

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Fruitless and Wasteful Expenditure July 2013 - June 2014

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Current Ratio Quarter

Not available
The value of a municipality's short-term assets as a multiple of its short-term liabilities.
good More than 1.5
average Between 1 and 1.5
bad Less than 1
Did you know?

The current ratio compares the value of a municipality's short-term assets (cash, bank deposits, etc) compared with its short-term liabilities (creditors, loans due and so on). The higher the ratio, the better. The normal range of the current ratio is 1.5 to 2 (the municipality has assets more than 1.5 to 2 times its current debts). Anything less than that and the municipality may struggle to keep up with its payments.

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Reference: Circular 71
Formula:

Note: The quarterly summary looks at the state at the end of each quarter. If the monthly data is missing for the last month in the quarter, the previous month in that quarter. If all months are missing, that quarter is shown as blank.

Liquidity Ratio Quarter

Not available
The municipality's immediate ability to pay its current liabilities
good More than 1
bad Less than 1
Did you know?

Liquidity ratios show the ability of a municipality to pay its current liabilities (monies it owes immediately such as rent and salaries) as they become due, and their long-term liabilities (such as loans) as they become current.

These ratios also show the level of cash the municipality has and / or the ability it has to turn other assets into cash to pay off liabilities and other current obligations.

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Formula:

Note: The quarterly summary looks at the state at the end of each quarter. If the monthly data is missing for the last month in the quarter, the previous month in that quarter. If all months are missing, that quarter is shown as blank.

Current Debtors Collection Rate Quarter

Not available
The percentage of new revenue (generated within the financial year) that a municipality actually collects
good 95% or more
bad Less than 95%
Did you know?

Municipalities don't manage to collect all of the money they earn through rates and service charges. This measure looks at the percentage of new revenue that a municipality collects. It is also referred to as the Current Debtors Collection Ratio.

Play video
Formula:

Note: The quarterly summary looks at the state at the end of each quarter. If the monthly data is missing for the last month in the quarter, the previous month in that quarter. If all months are missing, that quarter is shown as blank.

Income

Where does Ventersdorp/Tlokwe get its money from?

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Where money comes from

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Spending - How money is spent

Staff Wages and Salaries July 2015 - June 2016

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Contractor Services July 2015 - June 2016

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

What is Money Spent On?

Ventersdorp/Tlokwe was established on 3 August 2016. Annual financial performance indicators will only be available after the end of the July 2014 - June 2015 financial year. Until then, you can explore the historical performance of Ventersdorp and Tlokwe City Council, which became part of Ventersdorp/Tlokwe.

Resources

Understanding Municipal Finance


Financial Reports

Read more about Local Government Finances and learn about how your money is spent.

Further Reading

Resources from the South African and international community.

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