Unveiled under the theme “A Financially Sustainable Joburg,” the budget was presented in Braamfontein by the city’s Member of the Mayoral Committee (MMC) for Finance, Margaret Arnolds. She described the budget as both “pro-poor and pro-growth,” saying it reflects a commitment to fiscal responsibility while addressing pressing needs in SA’s largest city.

The city projects an operating revenue of approximately $4.7 billion against an operating expenditure of about $4.4 billion, leaving a projected surplus of around $226 million before taxes and capital grants. A capital budget of roughly $479 million has been set aside for the 2025/26 year, with an estimated $1.4 billion earmarked for infrastructure investment over the medium term.

Arnolds said the focus will be on stabilising municipal finances while channelling resources towards essential services such as water, electricity, housing, and transport. “This budget lays the foundation for a resilient, inclusive, and efficient city that serves all residents,” she said.

With many municipalities across SA struggling financially, Johannesburg’s leadership is positioning the city as a model for sustainable urban governance. The budget also aims to stimulate local economic growth and expand job opportunities, particularly in underserved communities.

City officials maintain that the funding plan aligns with Johannesburg’s long-term development goals and is designed to meet the complex demands of a growing urban population.

--ChannelAfrica--