Audited profile · year ended 30 June 2024
Inkosi Langalibalele
Kwazulu-Natal · Municipality KZN237
Latest audit outcome
Qualified
Financial year ended 30 June 2024
Three figures to check
Cash cover
4.1 months
How many months of operating costs the municipality could cover with cash held at year-end.
Capital budget variance
12.3% over
How actual capital spending compares with the adjusted budget.
UIFW spending share
24.38%
Unauthorised, irregular, fruitless and wasteful spending as a share of operating spending.
Audited money figures
Income, spending and debt
Income and spending · 2024
R757m income
R817m spending
View the breakdown by category and yearCapital spending · 2024
R105m
Spending on new assets, renewals and upgrades.
View capital spending by serviceAmounts owed · 2024
R1.1bn
77% is over a year old.
View amounts owed by service and ageCash flow · 2024
Cash increased by R151m
See cash receipts and paymentsRecent history
Four audited years
| Year ended | Audit outcome | Cash cover | Capital budget variance | UIFW share |
|---|---|---|---|---|
| 2024 | Qualified | 4.1 months | 12.3% over | 24.38% |
| 2023 | Qualified | 2.8 months | 2.5% under | 9.61% |
| 2022 | Qualified | 0.0 months | 349.1% over | 22.71% |
| 2021 | Disclaimer of opinion | 0.0 months | 48.6% over | 11.56% |