Budget & Treasury

Contact Details

Manager: Mr. M Nolan

Tel.: 051 603 1320

Email: nolanm@senqu.gov.za

Strategic objectives of the Section​

FINANCIAL MANAGEMENT

To annually assess and report on the % of the budget spent on implementing its WSP and financial viability as expressed by the following ratios:                A(debt coverage) = B (total op rev received) – C (op grants) divided by D ( debt service payment due within the FY).                                   

A (outstanding service debtors to revenue) = B ( total outstanding debt) divided by C(actual rev received for services).           

A (cost coverage) = B ( all available cash at a particular time ) + C (investments) divided by D (Monthly fixed opl expenditure).

To annually report on the % of the Municipality’s budget actually spent on capital projects identified a particular financial year in terms of the Municipality’s IDP.

To expand and protect the municipal revenue base by providing accurate bills for services rendered. 

BUDGET COMPILATION

To ensure compliance with the MFMA and MSA requirements regarding the adjustment budget and annual budget development and submission requirements.

REPORTING

To develop and submit S 71, S 72 & S 52 reports as per MFMA guidelines and prescripts.