Counting the Cents: Municipal Budgets and Mayors Responsibilities Under the MFMA.

A new era has dawned in municipal finances with the enactment of the Municipal Finance Management Act 56 of 2003. The main objective of the MFMA is to ensure sound and sustainable financial management. In short the MFMA will pave the way for three year budget planning on capital appropriations.

application/pdf Vol 6 no.2 Counting the Cents; Municipal Budgets and Mayors Responsibilities under the MFMA..pdf — 73 KB