PDF4PRO ⚡AMP

Modern search engine that looking for books and documents around the web

Example: bankruptcy

MFMA Circular No 68 Municipal Finance Management Act No ...

MFMA Circular No 68 Unauthorised, irregular , Fruitless and Wasteful expenditure October 2021 (updated October 2021 for use during the 2021/22 financial year) Page 1 of 21 Unauthorised, irregular , Fruitless and Wasteful expenditure The purpose of this Circular is to provide clarity on the procedures when dealing with unauthorised, irregular , fruitless and wasteful expenditure (UIFW) as per the Municipal Finance Management Act, 2003 (MFMA). It will be updated from time to time. Municipalities are organs of state within the local sphere of government that collect monies from the public in the form of rates, levies, surcharges, fees and service charges, receive grants from national and provincial government, invest surplus cash and borrow for capital expenditure for long-term purposes or bridging Finance for short ter

Unauthorised, Irregular, Fruitless and Wasteful Expenditure The purpose of this Circular is to provide clarity on the procedures when dealing with unauthorised, irregular, fruitless and wasteful expenditure (UIFW) as per the Municipal Finance Management Act, 2003 (MFMA). It will be updated from time to time.

Fullscreen Download

Tags:

  Irregular, Expenditure

Information

Domain:

Source:

Link to this page:

Please notify us if you found a problem with this document:

Spam in document Broken preview Other abuse

Transcription of MFMA Circular No 68 Municipal Finance Management Act No ...

Documents from same domain

MFMA Circular No 68 Municipal Finance Management Act No ...

mfma.treasury.gov.za

Unauthorised, Irregular, Fruitless and Wasteful Expenditure The purpose of this Circular is to provide clarity on the procedures when dealing with unauthorised, irregular, fruitless and wasteful expenditure (UIFW) as per the Municipal Finance Management Act, 2003 (MFMA). It will be updated from time to time.

  Fruitless, Wasteful, Fruitless and wasteful

SECTION B – EXPENDITURE MANAGEMENT - National Treasury

mfma.treasury.gov.za

Strategic Manager Heads of Departments Chief Financial Officer Municipal Manager Finance Committee Council Legislation GRAP Standard GRAP Line-Item Proposed mSCOA Item KPI 1 Follow the procedures, as set out in Chapter 5 of the Municipal Systems Act (Act of 2000) to develop, implement and approve an Integrated Development Plan (IDP).

  Chief

Internal Audit and Audit Committee Purpose

mfma.treasury.gov.za

Internal Audit and Audit Committee November 2012 Page 2 of 25 would derive immediate benefits through a closer interaction between council and senior management, and internal audit and audit committee. Legal framework In terms of section 216(1)(c) of the Constitution of the Republic of South Africa, (Act 108 of

  Internal, Constitution, Audit, Internal audit

Municipal Budget Circular for the 2021/22 MTREF

mfma.treasury.gov.za

Municipal Finance Management Act No. 56 of 2003 Municipal Budget Circular for the 2021/22 MTREF ... 5.2 SETTING COST-REFLECTIVE TARIFFS ... per cent in 2022 and 1.5 per cent in 2023, averaging 2.1 per cent over the medium term.

  Municipal, Tariffs

Municipal Budget Circular for the 2020/21 MTREF

mfma.treasury.gov.za

Municipal Finance Management Act No. 56 of 2003 Municipal Budget Circular for the 2020/21 MTREF 06 December 2019 ... 4.2 SETTING COST REFLECTIVE TARIFFS ... a slight decrease from the 8.9 per cent realised in the 2018 budget.

  Municipal, Tariffs

SCM REGULATION 32: PROCUREMENT OF GOODS OR …

mfma.treasury.gov.za

Municipal Finance Management Act No. 56 of 2003 Regulation 32 of the Municipal SCM Regulations July 2019 Page 1 of 6 SCM REGULATION 32: PROCUREMENT OF GOODS OR SERVICES UNDER CONTRACTS SECURED BY OTHER ORGANS OF STATE PURPOSE The purpose of this Circular is to provide further elaboration to municipalities and municipal

  Finance, Management, Municipal, Municipal finance management

MFMA Circular No. 108 Municipal Finance Management Act …

mfma.treasury.gov.za

The 2020/21 municipal financial year represents the last year of the current municipal councils' electoral term. Therefore, the next municipal election to usher in new councils is expected to take place between August and November 2021 in terms of the Section 24 (2) of the Municipal Structures Act, 2000 (Act No. 32 of 2000) (MSA).

  Municipal, Of the municipal

MFMA Circular - Revenue Management - 20 Nov 2012

mfma.treasury.gov.za

MFMA Circular No 64 Revenue Management November 2012 Page 3 of 15 Part One: Revenue Management 1 Legislative Framework The Local Government Municipal Systems Act, 2000 (Act 32 of 2000) Chapter 2, Legal Nature and Rights and Duties of Municipalities, establishes the right of municipal councils ‘to fund the affairs of the municipality by charging fees for services’.

  Revenue

Municipal Budget Circular for the 2022/23 MTREF

mfma.treasury.gov.za

R1.3 billion is reduced from the public transport network grant for City of Cape Town to align to its revised implementation plan of myCiti phase 2A. Neighbourhood Development Partnership Grant – R841 million is added to the direct neighbourhood development partnership grant for local government to create 32 663 jobs

  Development, City, Local

Uniform Financial Ratios and Norms - mfma.treasury.gov.za

mfma.treasury.gov.za

MFMA Circular No. 71 Uniform Financial Ratios and Norms January 2014 Page 2 of 23 categories to address the different financial aspects and operations of a municipality or municipal entity. 1) Financial Position 2) Financial Performance 3) Budget Implementation Financial Ratios, Formulas, Norms and Interpretation

  Budget, Mfma

Related documents

Auditor-General calls on government leaders to ensure ...

www.agsa.co.za

Irregular expenditure decreases o Irregular expenditure decreased to R54,34 billion from the R66,90 billion in the previous year. It includes the irregular expenditure (R7,71 billion) of those auditees of which the audits were completed after the cut-off date for this report (30

  Irregular, Expenditure, Irregular expenditure

Annexure A: Irregular Expenditure Framework

www.treasury.gov.za

expenditure and pardons the action that has resulted in the incurrence of irregular expenditure; “ determination ” means an informal assessment conducted by the Loss Control Function or another relevant function to examine or analyse the particulars of non-compliance in order to

  Irregular, Expenditure, Irregular expenditure

COMPLIANCE MANAGEMENT FRAMEWORK

oag.treasury.gov.za

• makes or permits an unauthorised expenditure, an irregular expenditure or a fruitless and wasteful expenditure; and Sections 83(3) of the PFMA - An official to whom a power or duty is assigned in terms of section 56 commits an act of financial misconduct if that official wilfully or negligently fails to exercise that power or perform ...

  Irregular, Expenditure, Irregular expenditure

Public Audit Act [No. 25 of 2004] - Gov

www.gov.za

“irregular expenditure”, in relation to expenditure of the Auditor-General, means expenditure incurred by the Auditor-General in contravention of, or that is not in accordance with, a requirement of this Act or any other legislation applicable to the Auditor-General; ...

  Public, Audit, Irregular, Expenditure, Irregular expenditure, Public audit act

LOCAL GOVERNMENT: MUNICIPAL FINANCE …

www.westerncape.gov.za

99. Expenditure management 100. Budget implementation Part 4: Reports and reportable matters 101. Impending under-collection, shortfalls, overspending, overdrafts and non-payment 102. Irregular or fruitless and wasteful expenditure 103. Reporting of improper interference by councillors 104. General reporting obligations

  Finance, Government, Irregular, Municipal, Local, Expenditure, Local government, Municipal finance

Irregular Expenditure Framework - National Treasury

www.treasury.gov.za

irregular expenditure in the Checklist, as contained in Annexure A to this Framework. 19. The details and amounts of confirmed irregular expenditure and losses determined must be recorded in the irregular expenditure Lead Schedule, as contained in Annexure B to this Framework. Confirmation of Non-compliance 20.

  Irregular, Expenditure, Irregular expenditure

Strategies for schools to improve attendance and manage ...

dera.ioe.ac.uk

are indicators of persistent absenteeism or irregular attendance, it is possible to identify the extent of the problem. The school can then target time provided by the education welfare officer and pastoral staff more effectively by producing: • individual attendance records which highlight reasons for absence and the pattern

  Attendance, Irregular, Irregular attendance

Related search queries

Irregular expenditure, Expenditure, Public Audit Act, LOCAL GOVERNMENT: MUNICIPAL FINANCE, Irregular, Attendance, Irregular attendance