Buffalo City’s Public Transport Infrastructure Systems (PTIS) grant has been cut significantly.
Figures released by the National Department of Transport show that the Metro received only R78.7 million in the 2011/12 financial year as opposed to the R184.8 million that was published in the Division of Revenue Act.
The figures show that the baseline for 2012/13 is R320 million for Buffalo City but that the Metro will only receive R78.8 million. No allocation has been made for the following year.
As far as the Public Transport Operating Grant is concerned, the Eastern Cape received a fraction under R167 million for the 2011/12 financial year and will get R174.5 million for 2012/13.
R183.9 million has been allocated for 2013/14 and R193.3 million for 2014/15.
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