The final budget for the current administration of the City of Johannesburg tabled on Tuesday will see residents pay an additional 5.9% in property rates from July‚ while tariffs for water and sanitation services will rise 13.2%. Metro residents should expect a 6.93% tariff hike for electricity‚ and an average 6% rise in tariffs for waste removal services‚ member of the mayoral committee for finance Geoffrey Makhubo said while delivering the City of Johannesburg's budget speech in central Johannesburg on Tuesday.  The 2016/2017 budget is the last of the current African National Congress (ANC) led city council‚ with Makhubo saying categorically the budget was a reflection of five years of work by the current administration‚ including the expansion of services and public transport  Despite constrained economic conditions‚ the metro expected to meet a revenue collection to operate at a rate of 92% to 93%‚ Makhubo said during a briefing ahead of his speech. "Our financial capacity has improved and I can say here without fear of contradiction this administration has delivered‚" he said. This was a view shared by a wide range of ratings agencies‚ analysts and ratings agencies‚ including ratings upgrades by global agencies Fitch (in December) and Moody's (in May)‚ Makhubo said. Makhubo on Tuesday tabled a R45.3 billion operating budget‚ and R9.5 billion capital budget‚ 71% of which will be funded by loans and internal funds. A GDP growth forecast of 0.7% was expected to put pressure on City revenues‚ Makhubo's speech read.Tariff increases for services – lower than 2015 increases – had seen reductions due to increased internal efficiencies...