Audited profile · year ended 30 June 2024
Richmond
Kwazulu-Natal · Municipality KZN227
Latest audit outcome
Unqualified - No findings
Read the Auditor-General's reportFinancial year ended 30 June 2024
Three figures to check
Cash cover
16.4 months
How many months of operating costs the municipality could cover with cash held at year-end.
Capital budget variance
17.2% under
How actual capital spending compares with the adjusted budget.
UIFW spending share
0.29%
Unauthorised, irregular, fruitless and wasteful spending as a share of operating spending.
Audited money figures
Income, spending and debt
Income and spending · 2025
R151m income
R166m spending
View the breakdown by category and yearCapital spending · 2025
R25m
Spending on new assets, renewals and upgrades.
View capital spending by serviceAmounts owed · 2025
R108m
88% is over a year old.
View amounts owed by service and ageCash flow · 2025
Cash increased by R225m
See cash receipts and paymentsRecent history
Four audited years
| Year ended | Audit outcome | Cash cover | Capital budget variance | UIFW share |
|---|---|---|---|---|
| 2024 | Unqualified - No findings | 16.4 months | 17.2% under | 0.29% |
| 2023 | Unqualified - Emphasis of Matter items | 19.0 months | 58.1% over | 0% |
| 2022 | Unqualified - Emphasis of Matter items | 22.2 months | 14.3% under | 2.6% |
| 2021 | Unqualified - Emphasis of Matter items | 17.9 months | 123.0% over | 23.04% |