OSHAKATI – The Oshakati Town Council on Friday tabled its provisional budget of about N$243.6 million for the financial year 2024/25. The budget is subject to approval by the Ministry of Urban and Rural Development.
Presenting the budget, Oshakati mayor Leonard Hango said that the total budget for the financial year 2024/25 amounts to N$243 575 908. This figure aligns with the total estimated operating income and expenditure, resulting in a balanced budget with no deficit or surplus.
“This budget is more than just a financial statement; it is a roadmap for our community’s future, a blueprint for progress, and a commitment to the well-being of every resident of Oshakati,” he said.
Hango emphasised that council has also taken a decision not to increase rates for water during this financial year.
He mentioned that several major projects are planned. The council allocated N$12.2 million for the construction of sewer reticulation in Oshakati North Ext 12 and Evululuko and N$3.5 million for the construction of services at Extension 16.
It allocated N$7.6 million for bulk water services in Ompumbu, while the biggest chunk of the council’s budget goes towards the formalisation of various informal settlements of Oshakati.
“This budget represents a bold and ambitious plan for Oshakati. It is a testament to our collective aspirations and our shared commitment to progress,” Hango said.
He added that together, they will build a stronger, more resilient, and more vibrant community and called on the residents to embrace this opportunity with optimism and determination, knowing that the best days for Oshakati are yet to come.
-Nampa