Midvaal council approves R2.1 billion Budget, targets water efficiency and infrastructure upgrades

By Nkhensani Chauke

The Midvaal Local Municipality has achieved financial stability for the 2025/2026 fiscal year with the unanimous approval of a R2 billion budget and Integrated Development Plan (IDP).

The budget is a key component of the Medium Term Revenue and Expenditure Framework (MTREF), spanning the years 2025/2026 to 2027/2028.

According to the Office of the Executive Mayor, Peter Teixeira, the Draft IDP and MTREF reflect extensive consultations conducted over several months with various communities and stakeholders throughout the municipality.
“This R2 billion 2025/2026 MTREF was drafted with careful consideration of the challenging economic climate facing the people of Midvaal, as well as the wider challenges faced by South Africa,” the Office of the mayor said in a statement.

“It showcases a government that prioritises the well-being and interests of its residents. The MTREF budget is credible, effective, efficient, realistic and fully funded.”

Key highlights of the approved budget