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Drakenstein Municipality has officially been rated the most financially healthy municipality in the Western Cape by National Treasury.
It shares the number one position of South Africa’s top 27 municipalities (with the largest budgets) with the City of uMhlathuze (Richards Bay).
This is according to the State of Local Government Finances and Financial Management as at 30 June 2017 report, released by Treasury earlier this month. This report assesses the financial health of all municipalities in South Africa.
The results show that Drakenstein Municipality (covering Paarl, Wellington, Gouda, Hermon, Saron and Simondium) has excelled as a secondary city.
In the Western Cape – the top-performing province in South Africa and home to one metro and three secondary cities - Drakenstein Municipality was rated the Number One city, followed by Stellenbosch Municipality in second place, and the City of Cape Town and George Municipality, jointly in third place.
Of the other 21 local municipalities and five district municipalities in the Western Cape, two local municipalities (Overstrand and Swartland) and four district municipalities (West Coast, Cape Winelands, Overberg and Eden) received the same rating as Drakenstein - on a local municipality and district municipality level.
Drakenstein Municipality for the 2016/17 financial year also received a fourth consecutive clean audit together with the City of uMhlathuze and 31 other municipalities in South Africa.
“We are incredibly proud of this accomplishment,” says Councillor Conrad Poole, executive mayor of Drakenstein.
“Not only is this perfectly in line with our vision of growing a city of excellence, but it also confirms that we are on the right track as we continue our pursuit of clean administration and governance in Drakenstein. It has certainly been a team effort.”
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