Directorate: Financial Services 

The Directorate: Financial Services is responsible for managing the financial affairs of the Council. This ranges from initial raising and collecting of rates and other debts, sourcing and ordering goods and services, information technology, payment of salaries and suppliers through to managing grants and investments of Council’s funds. 

Setting, monitoring and reviewing the annual budget are prime tasks, as is producing financial reports, from statutory, tri-annual and annual reports. 

THE MUNICIPALITY’S MANDATE 

The relevant sections of the Directorate: Financial Services operates within the

Ambit of the applicable legislation and prescriptions related to Local Government Finance of which the following legislation is the most important ones: 

• The Constitution of the Republic of South Africa, Act 108 of 1996
• The Local Government Finance Management Act, No 56 of 2003
• The Local Government Municipal Systems Act,2000 as amended
• The Local Government Municipal Structures Act
• The Public Office – Bearers Act
• Budget Reform Programme of National Treasury
• Circulars issued by the Auditor-General, Provincial Administration and National Treasury
• Council resolutions
• Council policies and Powers delegated by Council

STRATEGIC OBJECTIVES OF THE DIRECTORATE PER SECTION 

   INCOME

 

• To ensure optimal billing for services rendered and cash collection
• To ensure effective credit control, debt collections and  implementation of Council’s Indigent Policy
• To promote customer care

BUDGETARY AND TREASURY SERVICES 

• To compile well balanced, representative and affordable Budgets informed by the IDP
• To compile accurate and reliable financial statements which reflect the true financial position of the Council
• To ensure GAMAP/GRAP compliance and compliance with financial reforms

EXPENDITURE 

·        To ensure accurate accounting in the general ledgers in order to reflect actual expenditure

·        To ensure investment income are realized according to best quotations

·        To ensure the efficient administration of liabilities, both short term and long term.