Document SRC-0006
Stellenbosch Municipality Audited Annual Financial Statements for the year ended 30 June 2025
- Original address
- https://lg.treasury.gov.za/supportingdocs/WC024/WC024_Audited%20Annual%20Financial%20Statement_2025_Y_20260302T133211Z_lindsay_syster.pdf
- Retrieved
- 29 October 2026
- Archived copy
- An archived copy is held by the project
- Why it matters
- Audited AFS 2024/25 - primary source for financial position, irregular/fruitless expenditure notes, leases and contingencies.
Original document
Claims citing this document
- VerifiedEditor-approved Figure: stage unknown Stellenbosch Municipality's audited revenue from 'Parking Fees' (sales of goods and rendering of services) was R5 028 539 in 2024/25, down from R5 722 596 in 2023/24.
- VerifiedEditor-approved Figure: stage unknown Audited 'Parking Fees' revenue was R4 422 045 in 2022/23 (comparative in the 2023/24 AFS), so parking tariff income rose about 29% to 2023/24 and fell about 12% in 2024/25 (calculated from the audited figures).
- VerifiedEditor-approved Figure: stage unknown Audited revenue from municipal traffic fines was R169 181 492 in 2024/25 and R143 096 788 in 2023/24; 'Law enforcement' fines were R95 036 and R22 720. Total fines, penalties and forfeits were R187 263 479 and R166 867 895.
- VerifiedEditor-approved Figure: stage unknown Traffic fines written off as irrecoverable were R102 206 318 in 2024/25, R101 264 460 in 2023/24 and R82 979 503 in 2022/23; the municipality explains the write-offs by an NPA directive cancelling fines not converted to a summons within 18 months under the Criminal Procedure Act.
- VerifiedEditor-approved Figure: stage unknown At 30 June 2025 gross traffic-fine receivables were R261 099 733 (R233 078 454 a year earlier) against an impairment allowance of R208 198 318 (R180 782 289), leaving R52 901 415 (R52 296 165) carried as recoverable; impairment is set from the ratio of receipts to the value of fines issued.
- VerifiedEditor-approved Figure: stage unknown The municipality outsources traffic-fine administration: 'Traffic Fines Management' contracted services cost R14 785 281 in 2024/25, R13 065 594 in 2023/24 and R9 646 176 in 2022/23, and agent TMT collects traffic fines and pays the money over to the municipality.
- VerifiedEditor-approved Figure: stage unknown In 2024/25 Stellenbosch Municipality recorded R9.92 million of current-year irregular expenditure (all of it, together with R0.26m identified from the prior period, attributed to breaches of the SCM procurement process), wrote off R19.40 million, and reported a closing irregular expenditure balance of R2.87 million; it reported no unauthorised or fruitless and wasteful expenditure in 2024/25 or 2023/24.
- VerifiedEditor-approved Figure: stage unknown At 30 June 2025 Stellenbosch Municipality's property rental debtors stood at R33.1 million gross, of which R32.4 million (about 98%) was provided for as impaired, leaving R0.74 million net.
- VerifiedEditor-approved Figure: stage unknown At 30 June 2025 gross consumer service receivables were R503.6 million with an impairment allowance of R263.2 million; non-exchange receivables were R338.3 million gross, including R261.1 million in traffic fines of which R208.2 million was impaired.
- VerifiedEditor-approved Figure: stage unknown Stellenbosch Municipality's borrowings fell from R584.3 million at 30 June 2024 to R514.7 million at 30 June 2025, while cash and cash equivalents fell from R150.7 million to R30.7 million and short-term investments rose from R455.7 million to R518.8 million.
- VerifiedEditor-approved Figure: stage unknown Unspent conditional grants at 30 June 2025 totalled R27.2 million (capital R9.2m, operational R18.1m), down from R37.2 million a year earlier.