The total budget for the Oshakati Town Council for the 2023/2024 financial years amounts to N$214 million which is against a total estimated operating income of N$214 million and expenditure of the same amount, giving a balance budget of no deficit and no surplus.
Oshakati mayor Leonard Hango said the council took note of current global economic trends and local economic conditions and did not increase the tariffs of basic services.
He made these remarks during the tabling of the town’s council budget for 2023/2024 on Wednesday at Oshakati.
“On this overall budget, council took note of the current global economic trends and local economic situations in our town and tried as far as possible to balance the cost of services in this regard; hence, it is important to note that council have not made any tariff increase on the basic services such as water, sewerage, and refuse removal during the upcoming financial year. However, some other services were minimally adjusted using a cost recovery cost principle,” he said.
Hango strongly urged the residents of Oshakati to honour their municipal bills in a timely manner.
“The method of collecting revenue will be regularly modified and intensified to minimise and control bad debt default as it has already been done since 2022.
Additionally, initiatives such as the elderly debt incentive programme are established with the aim to assist the pensioners of Oshakati by waiving all interest accumulated on their municipal service accounts for single residential zoned properties,” he said.
He furthermore urged residents to participate in community engagement meetings where residents are afforded the opportunity to engage with the councillors to share their views and provide input on various matters to improve the town, along with emerging initiatives.