WUC debt exacerbates SPTC financial woes

Tuesday, May 26, 2015

SELEBI-PHIKWE: Selebi-Phikwe Town Council (SPTC) is faced with dire financial challenges and wants the Ministry of Finance to bail it out. To make matters worse, the council’s efforts to recover a debt of P724,270 from the cash-strapped Water Utilities Corporation (WUC) are not bearing fruit. The debt emanates from the patching of numerous road cuts by WUC done as far back as 2012.

The council has received correspondence to the fact that though the request is being looked into, there is no guarantee that additional funding would be granted from the Ministry of Finance.

In an attempt to keep afloat, the local authority is currently operating on an advanced Revenue Support Grant of the second quarter of the year. This means that the council is likely to plunge into further financial woes before the year ends.

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WUC debt exacerbates SPTC financial woes