Cape Town allocates R31.9 million for unfinished projects in adjustment budget
The City of Cape Town has approved a R31.9 million allocation from surplus funds to finance incomplete projects from the previous financial year, pending approval from the National and Provincial Treasury.
The City of Cape Town has allocated R31.9 million from its surplus funds to complete unfinished projects in the 2026/27 financial year, pending approval of rollover of funds by the National and Provincial Treasury. The funds will be used to roll over unspent capital grants and donations across various directorates, increasing the total budget for the new financial year.
Mayoral committee member for finance Siseko Mbandezi emphasized that these adjustments will not negatively impact the provision of basic services and noted an increase in the adjusted capital program to R13.375 billion for the 2026/27 financial year.
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