OVERBERG WATER

1
OVERBERG WATER

• Presentation to Parliamentary Portfolio Committee
  for Water Services
• 19th March 2007

2
GENERAL

• Opportunity to Address the Committee
• Compliance Constitution
• Mandate
• Scrutinizing and overseeing executive action
• Presentation/ Annual Report/ Policy Document / 5
  Year Business Plan

3
THE BOARD

• New Board 2005
• 5 Board members
• 3 Male 2 Female
• Alternate monthly meetings
• Audit Comm
• Technical Comm
• Remuneration Comm

4
2006 WAY FORWARD

• Consolidate Financial Position
• Develop Capacity
• Equity
• Secondary Activities

5
FINANCE

• Unqualified Audit
• DWAF Assessment
• Overall Overbergs Income statement has improved
  significantly
• an improvement of 534 over last year .
• operating costs per ML has dropped .. This is a
  remarkable achievement..
• revenue exceeds inflation Overberg is on a
  growth path.
• Overberg Water has produced good results
• Investment Portfolio Plus Minus R4m

6
EQUITY

• High Priority
• Variable Salary Packages
• Competition
• Existing equity/gender balance

7
CAPACITY

• Skills Shortages
• Local Colleges
• SETAs
• SAAWU Initiatives
• Chambers of Commerce
• International Opportunities

8
Succession/Risk Management

• Close Alignment
• National Policy / Employment Equity
• Security and Auditing Research
• Audit Committee
• Credible Results

9
Tariffs

• Principles Conservation/Efficiency
• Additional Capacity for Service Delivery
• Bulk / Retail Sector
• Consultative Processes
• Primary Income Source

10
Operations

• Tariff Structures
• Operational Manuals
• Alternative Systems
• Occupational Health and Safety

11
Audit Committee

• Inception
• Assessment
• Results

12
Alternative Income Streams

• Work for Water
• Management of Resources and fixed assets
• Water Services Act / PFMA

13
Health and Safety

• On site Systems
• Manuals
• HIV / AIDS
• Pilot Training Programmes

14
General - Summary

• Healthy Economic Base
• Sustainable Strategy Policy
• Integrated H.R. Policy
• Equity Balance Improvement
• Legislative Compliance
• Municipal Partnership Policy
• Local Consultative Process

15
Conclusion

• Financial Stability
• Investment Options
• Sound Operating Systems
• Local Authorities
• Bucket System

16
Overberg Water

• We thank you for your indulgence and look forward
  to your comments and advice.