Section 72 Mid-Year Budget and Performance Assessment Report 2020/2021
In terms of Section 72 (1) of the Local Government: Municipal Finance Management Act, 2003 (Act 56 of 2003), the Accounting Officer of a Municipality must, by 25 January of each financial year, assess the performance of the municipality during the first half of the financial year and submit a report on such an assessment to the Mayor of the Municipality, the National Treasury and the relevant Provincial Treasury. The Mayor must in turn, comply with the provisions of Section 54, which includes submitting the report to Council by 31 January of each year. The Section 72 Mid-Year Budget and Performance Assessment Report was approved by Council and can be found below: