Chiredzi Town proposes US$9 million budget


CHIREDZI – Chiredzi Town Council (CTC) is proposing a US$9 450 890.18 million for 2024. The 2023 budget was US$7 million.
CTC Finance Director Lyoid Musasa told a stakeholder budget feedback meeting at Chitsanga Hall on Monday that US$7.8 million will be raised from internal sources. The reminder of US$ 1.5 million will be raised from external sources.
Major projects on the budget include purchasing of five management vehicles pegged at US$275 000, rehabilitation of Inyati Road at US$738 000, construction of Makondo Clinic at US$80 000, construction of a new primary school pegged at US$100 000, purchase of a refuse truck pegged at US$140 000 and water reticulation.
Musasa said the 35% (US$3 33 073. 00) of the budget will be channeled to capital expenditure, 30% (2 835 267.05) towards salaries and 35% (3 280550.12) to recurrent expenditure.
“US$7.8 million will be generated from council’s own funds generated through rate collection and licensing among others while US$1.5 million will come from Devolution funds,” said Musasa.
He also added that water and sewer rates have been revised to US$0.55 per kilolitre.
โ€œOur water bills were low and at one time the Minister noted that we were charging below rates so this time our water bills will be charged at US$0.55 per kilolitre and in high density they use at least 10 kilolitres, “said Musasa.

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