City sets record straight about salary increase of senior management
The City of Cape Town notes the reports of senior management increases for the 2018/19 financial year of 17% and upwards.
This is incorrect. The City has budgeted for an increase of 7,1% for the 2018/19 financial year.
Regrettably, an error crept into an external annexure table in the City’s tabled (draft) budget. The typo caused the figure to read 17% and not 7,1%. The City sincerely apologises for this error. Such errors really are uncharacteristic of our budgets. This has not impacted on the budget numbers and amounts in any way. The figure was only stated in one particular table, which serves as an annexure to the budgeted amounts-related information. This reporting error will be corrected when the final budget is adopted in May 2018.
No South African Local Government Bargaining Council Agreement is in place for 2018/19 and the rest of the medium term. The Bargaining Council is expected to meet early in December to discuss the local government wage curve and the cost of living adjustments for 2018/19.
For the 2018/19 financial year, the predicted Consumer Price Index increase (of 5,1%) plus 2% was provided for in the budget in the absence of a wage agreement.