Wall, Kevin2021-11-022021-11-022021http://hdl.handle.net/2263/82379Papers presented virtually at the 39th International Southern African Transport Conference on 05 -07 July 2021Treasury has laid down that municipalities shall budget for maintenance and repair an annual sum equivalent to 8% of the “carrying value” of “property, plants and equipment and investment property”. The guidance provided by this ruling is invaluable. However to what extent do municipalities pay much heed? This paper outlines and comments on the current guidelines, presents the spending realities and points to the consequences of these, and speculates on ways forward. Treasury has laid down that municipalities shall budget for maintenance and repair an annual sum equivalent to 8% of the “carrying value” of “property, plants and equipment and investment property”. The guidance provided by this ruling is invaluable. However to what extent do municipalities pay much heed? This paper outlines and comments on the current guidelines, presents the spending realities and points to the consequences of these, and speculates on ways forward.10 pagesPDFenSouthern African Transport Conference 2021Article