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Municipalities hold their breaths as Auditor-General to release annual audit outcomes

The Auditor General is ready to release the results of the audits of municipalities today, amid deteriorating local government finances and reporting, and the worst municipalities in the Northwest, Free State and Mpumalanga. The financial resources available to municipalities have failed to meet service and infrastructure delivery needs for the past 20 years, hampering the ability of municipalities to fulfill their constitutional mandate. According to the US Local Government Association (Salga), this is exacerbated by limited tax revenue, withdrawn economic growth and rising debt levels. https://www.citizen.co.za/news/south-africa/3060549/polokwane-municipality-produces-fifth-qualified-audit/ The proposed reduction in equity share of R6.5 is of particular concern to the association billion, …

Municipalities hold their breaths as Auditor-General to release annual audit outcomes Source link Municipalities hold their breaths as Auditor-General to release annual audit outcomes

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