27 Oct State of City Finances 2022 Report
The State of City Finances Report is one of the flagship publications of the South African Cities Network. As with previous editions (in 2011, 2013, 2015, 2018, and 2020), this sixth State of City Finances Report examines the finances of the biggest cities in South Africa: Buffalo City, Cape Town, eThekwini, Ekurhuleni, Johannesburg, Mangaung, Msunduzi, Nelson Mandela Bay and Tshwane.
The State of City Finances 2022 report analyses municipal finances over two local government administrative terms: 2011−2016 and 2016−2021, following the watershed local government election of 2016 when political control of some metropolitan municipalities changed for the first time.
In a significant departure from previous reports and recognising that city finances are affected by national policy choices and global economic trends, the report begins by outlining the major events that affected cities and their impact. In telling the 10-year story of municipal finances, it describes the governance environment that shaped city budgets, to extract lessons from that experience, and suggests a policy agenda to ensure the sustainability of municipal finances into the future.