Audited profile · year ended 30 June 2024
Magareng
Northern Cape · Municipality NC093
Latest audit outcome
Qualified
Read the Auditor-General's reportFinancial year ended 30 June 2024
Three figures to check
Cash cover
1.4 months
How many months of operating costs the municipality could cover with cash held at year-end.
Capital budget variance
23.1% under
How actual capital spending compares with the adjusted budget.
UIFW spending share
38.79%
Unauthorised, irregular, fruitless and wasteful spending as a share of operating spending.
Audited money figures
Income, spending and debt
Income and spending · 2025
R158m income
R212m spending
View the breakdown by category and yearCapital spending · 2025
R62m
Spending on new assets, renewals and upgrades.
View capital spending by serviceAmounts owed · 2025
R1.0bn
87% is over a year old.
View amounts owed by service and ageCash flow · 2025
Cash increased by R37m
See cash receipts and paymentsRecent history
Four audited years
| Year ended | Audit outcome | Cash cover | Capital budget variance | UIFW share |
|---|---|---|---|---|
| 2024 | Qualified | 1.4 months | 23.1% under | 38.79% |
| 2023 | Qualified | 0.0 months | 41.5% under | 32.38% |
| 2022 | Qualified | 0.2 months | 36.3% under | 29.5% |
| 2021 | Qualified | 0.0 months | 13.5% under | 47.86% |