a) Total operating costs for 2017/2018 Financial year (FY) are R129, 134,245.00 with a projection of R258, 518,892.00 and R372, 900,948.00 for 2018/2019 and 2019/2020 financial years, respectively.
b) (i) A proportion of fares for 2017/2018 FY is R16,859,365.00 with a projection of R52,476,670.00 and R111,438138.00 for 2018/2019 and 2019/2020 Financial years, respectively.
(ii) Grants allocated for 2017/2018 FY is R700,718,000.00 with a projection of R671,906,000 and R670,650,000 for 2018/2019 and 2019/2020 Financial years, respectively.
(iii) Of the total operating costs, Council is funding R67, 979,972.00 for 2017/2018; with a projection of R311, 124,374.00 and R508, 413,969.00 for 2018/2019 and 2019/2020 financial years, respectively.
The above costs and projections are based on the starter service which has been operational since October 2017.