Audited profile · year ended 30 June 2024
Abaqulusi
Kwazulu-Natal · Municipality KZN263
Latest audit outcome
Unqualified - Emphasis of Matter items
Read the Auditor-General's reportFinancial year ended 30 June 2024
Three figures to check
Cash cover
2.6 months
How many months of operating costs the municipality could cover with cash held at year-end.
Capital budget variance
41.6% over
How actual capital spending compares with the adjusted budget.
UIFW spending share
44.69%
Unauthorised, irregular, fruitless and wasteful spending as a share of operating spending.
Audited money figures
Income, spending and debt
Income and spending · 2025
R873m income
R1.1bn spending
View the breakdown by category and yearCapital spending · 2025
R59m
Spending on new assets, renewals and upgrades.
View capital spending by serviceAmounts owed · 2025
R1.0bn
74% is over a year old.
View amounts owed by service and ageCash flow · 2025
Cash fell by R58m
See cash receipts and paymentsRecent history
Four audited years
| Year ended | Audit outcome | Cash cover | Capital budget variance | UIFW share |
|---|---|---|---|---|
| 2024 | Unqualified - Emphasis of Matter items | 2.6 months | 41.6% over | 44.69% |
| 2023 | Unqualified - Emphasis of Matter items | 2.6 months | 27.6% over | 44.71% |
| 2022 | Unqualified - Emphasis of Matter items | 2.8 months | 13.8% under | 29.51% |
| 2021 | Qualified | 14.8 months | 2.0% over | 32.02% |