Statistics Act, 1999
R 385
Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)Chapter 8 : Responsibilities of Municipal OfficialsPart 1 : Accounting officers72. Mid-year budget and performance assessment |
(1) | The accounting officer of a municipality must by 25 January of each year— |
(a) | assess the performance of the municipality during the first half of the financial year, taking into account— |
(i) | the monthly statements referred to in section 71 for the first half of the financial year: |
(ii) | the municipality's service delivery performance during the first half of the financial year, and the service delivery targets and performance indicators set in the service delivery and budget implementation plan; |
(iii) | the past year's annual report, and progress on resolving problems identified in the annual report; and |
(iv) | the performance of every municipal entity under the sole or shared control of the municipality, taking into account reports in terms of section 88 from any such entities; and |
(b) | submit a report on such assessment to— |
(i) | the mayor of the municipality; |
(ii) | the National Treasury; and |
(iii) | the relevant provincial treasury. |
(2) | The statement referred to in section 71(1) for the sixth month of a financial year may be incorporated into the report referred to in subsection (1)(b) of this section. |
(3) | The accounting officer must, as part of the review— |
(a) | make recommendations as to whether an adjustments budget is necessary; and |
(b) | recommend revised projections for revenue and expenditure to the extent that this may be necessary. |