FINANCE

The Municipal Finance Management Act requires that certain quarterly reports be prepared and made available for scrutiny. These reports may be found on these pages.

2021 – 2022

2018 – 2019

2017 – 2018

2016 – 2017

2015 – 2016

2014 – 2015

2013 – 2014

2012 – 2013

“Municipalities are fast emerging as the fulcrum of South Africa’s newly created system of multi-sphered government. First, the Constitution recognizes local government as an independent sphere with its own unique set of roles and importance. Second, it is central to the implementation of Government’s growth strategies. For example, over 80% of the nation’s GDP is urban based, with the economic nodes concentrated in the country’s metropolitan centres. The governance and management of these areas is obviously critical to achieving government’s broader economic objectives. Similarly, there is greater recognition that non-urban local governments will play an essential role in facilitating Government’s push for integrated rural development. Third, the delivery of basic municipal services to all communities – urban and rural – is dependent on the effective performance of local government. Finally, at the political level, the 1999 national election campaign revealed the importance communities gave to their interface with local councils and administration – an interface that may well signal the strength of South Africa’s new democracy. In sum, the final shape, capacity and performance of local governments in South Africa will have direct implications for the political, social and economic fabric of the society. Recognizing this, government published the White Paper on Local Government in March 1998. The intention of that document was to provide a general framework for the formulation of more detailed policies and legislation on a range of matters, including the fiscal and financial structure of the local sphere. As with the document on fiscal transfers from central to local government (“The Introduction of an Equitable Share of National Revenue for Local Government”, published by the Department of Finance in 1998), the document that government publishes today is a detailed follow-up to the White Paper. It expands on the framework for municipal finance and focuses, in particular, on the design of the regulatory framework for local government borrowing. In addition it deals in detail with the related matter of central government’s response to the financial and fiscal difficulties that the municipal sector confronts. The central objective of this document is thus twofold: first, to provide the policy framework for the overall financial structure of the local sphere and the borrowing powers of municipalities; and, second, to outline government’s main initiatives in respect of municipalities which face financial crisis. Any consequential legislation will be tabled in Parliament during 2000, while the envisaged fiscal programmes will be introduced from fiscal year 2000/01 onwards.” – POLICY FRAMEWORK FOR MUNICIPAL BORROWING AND FINANCIAL EMERGENCIES

From this policy comes the requirement to publish quarterly borrowing reports. These reports may be found in the respective years.

2017 – 2018

2016 – 2017

2015 – 2016

2014 – 2015

Quarterly reports relating to investment monitoring my be found under the relevenat year.

2017 – 2018

2016 – 2017

2015 – 2016

Municipalities must report on all long term contracts (LTC) with a contract period exceeding three years and a total contract value of R1 million and above (a return must be completed each quarter for the term of the LTC). Each quarter every municipality must submit this return to National Treasury disclosing for that quarter:

1. any new Long Term Contract established, and

2. any Long Term Contract terminated or that came to an end, and

3. changes to any of the details of an existing Long Term Contract, or

4. that there has been no changes to any Long Term Contract (no changes to details previously submitted, no new Long Term Contract established, no Long Term Contract terminated or that came to an end), or

5. no Long Term Contract exists.

These reports are published in their respective years.

2017 – 2018

2016 – 2017

2015 – 2016

2014 – 2015

Documentation relating to the Monitoring and Implementation of the MFMA may be found under the relevant year

2017 – 2018

2016 – 2017

2015 – 2016

A municipal entity is a mechanism used by a municipality to deliver services to its community. Each municipal entity is an “organ of state” and must comply with the legislative framework which ensures accountability, transparency and consultative processes, similar to requirements that apply to a municipality in its own right.

Municipal entities are accountable to the municipality or municipalities (e.g. a multijurisdictional entity) that established the entity. The entity must perform according to a service delivery agreement and performance objectives set by the municipality. As their debts, liabilities and decisions are made on behalf of the municipality they may be disestablished if they fail to perform satisfactorily or if they experience serious or persistent financial problems.

Reports on these entities are published under their respective years

2017 – 2018

2016 – 2017

2015 – 2016

2014 – 2015

2023 – 2024

2022 – 2023

2021 – 2022

2020 – 2021

2019 – 2020

2018 – 2019

2017 – 2018

2016 – 2017

2015 – 2016

2014 – 2015

2013 – 2014

2012 – 2013

2011 – 2012

2010 – 2011

2009 – 2010