Overview and Services Rendered

The Finance Directorate is responsible for the financial governance, sustainability and accountability of the municipality. It ensures sound budgeting, efficient revenue collection, effective expenditure control, transparent reporting, fair procurement processes, strong internal controls and compliant property valuation systems. Through these integrated functions, the Directorate upholds the principles of the Municipal Finance Management Act (MFMA), National Treasury Regulations and other applicable legislation to enable sustainable and credible municipal service delivery.

The Directorate performs the following key functions and services:

1. Budgeting and Treasury Services

Services Rendered:

• Preparation and management of the Medium-Term Revenue and Expenditure Framework (MTREF).
• Development and monitoring of the annual operational and capital budgets.
• Cash flow management, investment of funds and liquidity planning.
• Banking administration and treasury operations.
• Preparation of monthly, quarterly and annual financial reports in line with MFMA and Treasury requirements.
• Submission of Section 71, 52(d) and other statutory reports.
• Monitoring budget implementation and providing financial support to departments.
• Ensuring compliance with MFMA circulars, Treasury guidelines and financial legislation.

2. Revenue Management Services

Services Rendered:

• Billing and collection of municipal revenue (rates, services, fees and other income).
• Customer account management, reconciliations and query resolution.
• Implementation of credit control, debt collection and indigent management.
• Meter reading coordination and consumption verification.
• Development of revenue enhancement strategies.
• Maintaining accurate customer information and revenue systems.

3. Expenditure Management Services

Services Rendered:

• Processing of payments for all municipal goods and services.
• Payroll administration and employee cost management.
• Verification of invoices, supporting documents and compliance checks.
• Monitoring expenditure patterns and preventing unauthorised, irregular, fruitless and wasteful expenditure (UIFW).
• Ensuring timely payments to suppliers as required by MFMA.
• Implementing cost containment measures and expenditure controls.

4. Accounting and Asset Management Services

Services Rendered:

• Maintaining the general ledger, financial accounting systems and financial records.
• Ensuring GRAP compliance and application of relevant accounting standards.
• Managing municipal assets including asset registers, acquisition, verification and disposals.
• Coordinating audit support and responses to internal and external audit queries.
• Supporting financial year-end processes and accounting reconciliation functions.

5. Valuation Services

Services Rendered:

• Coordinating preparation and implementation of the General Valuation Roll (GVR).
• Managing Supplementary Valuation Rolls and updates.
• Ensuring compliance with the Municipal Property Rates Act (MPRA).
• Handling valuation objections, appeals and public participation processes.
• Maintaining valuation data for billing and revenue purposes.
• Providing valuation advice to Council and municipal departments.

6. Procurement and Supply Chain Management (SCM) Services

Services Rendered:

• Managing demand, acquisition, logistics, contract and disposal components of SCM.
• Ensuring fair, transparent and compliant procurement processes.
• Managing bids, tenders, quotations and supplier evaluations.
• Monitoring contract performance and ensuring compliance with SCM regulations.
• Updating and maintaining the supplier database.
• Supporting local economic development and inclusive procurement practices.

7. Internal Control Services

Services Rendered:

• Developing, implementing and monitoring internal control systems.
• Ensuring compliance with MFMA, internal policies and Treasury frameworks.
• Detecting and preventing financial irregularities, fraud and non-compliance.
• Ensuring segregation of duties and safeguarding municipal assets.
• Supporting internal audit, risk management and clean audit initiatives.
• Conducting compliance reviews across all financial processes.

Summary

Through its integrated functions—budgeting and reporting, treasury management, revenue collection, expenditure control, accounting, asset and valuation management, supply chain management and internal controls—the Finance Directorate ensures financial stability, transparency, accountability and compliance. These functions underpin sustainable service delivery and support the municipality’s broader strategic objectives.