Council budgets N$130 million
08 June 2018 | Local News
Speaking at the latest monthly council meeting, the chairperson of the council’s management committee, Erkkie Shitana, said that the N$38,7 million of the amount will be used to implement carry over projects from the 2017/2018 financial year while N$99,4 million is for new capital projects planned for the 2018/2019 financial year.
According to Shitana maintaining and improving Swakopmund’s infrastructure will continue to require significant and planned investment, considering the restrained resources available in council’s investment and current accounts.
“We are nevertheless convinced that the anticipated property sale transactions will generate sufficient revenue, and together with current existing funds, can place council in a more favourable position to finance the projects anticipated for 2018/2019 financial year,” he said.
The majority of the funds will be used for sewerage works (N$18,8 million), business and market malls (N$18,7 million) as well as for streets.
“An amount of N$18,4 million is included in this budget for the resurfacing of streets and roads in Swakopmund. Council has taken up the initiative to provide the required material, and local small contractors (SMEs) are being appointed to provide the required labour. This concept has proven itself to be more economical for council and also established a business partnership between the small contractors in our community. With this council creates employment and contribute to poverty eradication which is worth applauding, especially in light of the difficult economic conditions our community faces.”
Streets to be resurfaced will be prioritised by council. Council has further committed itself for future upgrading of the current storm water system, by annually availing funds for this re-occurring situation. Other projects which the town council has prioritised for this financial year include: Formalising the DRC informal area (from government funds); relocating the sewerage mid-block system in Mondesa (N$11,6 million); the completion of public buildings (N$8,6 million); upgrading of parks, gardens and the Mole (N$11,5 million); as well as the provision of serviced land and future town planning (N$7,2 million).