Transcription of THABAZIMBI LOCAL MUNICIPALITY
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THABAZIMBI LOCAL MUNICIPALITY
ANNEXURE 4. THABAZIMBI . LOCAL MUNICIPALITY . BUDGET PROCESS POLICY. THABAZIMBI LOCAL MUNICIPALITY 1. BUDGET PROCESS POLICY. 1. Objective The objective of this policy is to set out the budgeting principles and procedures which the MUNICIPALITY will follow in preparing each annual budget, as well as the responsibilities of various officials and office bearers in compiling such a budget. 2. Compliance with Legal Provisions In the process of preparing the budget, the MUNICIPALITY , its Mayor, political office bearers, Municipal Manager, Chief financial Officer and other officials shall comply with all relevant legal requirements, including in particular: the provisions of Chapter 4 (Sections 15 to 33) of the LOCAL Government: Municipal Finance Management Act, 2003 ( the mfma ), as well as Sections 42, 43, 52, 53, 54,55, 68, 69, 70, 71, 72, 75, 80, 81 and 83 thereof; and the Municipal Budget and Reporting Regulations ( the Regulations ) published in terms of Section 168 of the mfma under General Notice 393 of 2009; and al
THABAZIMBI LOCAL MUNICIPALITY BUDGET PROCESS POLICY 3 terms of the MFMA to the accounting officer and the chief financial officer, but may not interfere in the exercise of those responsibilities;
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