ZF Mgcawu District Municipality Approves 2024/2025 Adjustment Budget: A Step Towards Financial Sustainability

The ZF Mgcawu District Municipality has officially approved its 2024/2025 adjustment budget, marking a significant milestone in its commitment to responsible governance, financial sustainability, and the well-being of the communities it serves. This approval ensures that the municipality remains aligned with its financial objectives while effectively addressing emerging needs and challenges.

As outlined in the Municipal Finance Management Act (MFMA), municipalities are required to periodically review and adjust their budgets to ensure alignment with actual revenue collection and expenditure patterns. The approval of an adjustment budget enables the ZF Mgcawu District Municipality to reallocate resources where they are most needed, ensuring efficient and effective governance. During the budget adjustment proceedings, a presentation was made by the Provincial Treasury, emphasising its ongoing commitment to collaborate with the District Municipality.

The Council welcomed the Audit Committee’s Report, highlighting its importance in strengthening transparency and accountability. The recommendations provided serve as a roadmap for management to enhance financial controls, mitigate risks, and improve service delivery. The ZF Mgcawu District Municipality expresses its gratitude to all stakeholders, including the Provincial Treasury and the Audit Committee, for their continued support and engagement. Through collective efforts, the ZF Mgcawu District Municipality reaffirms its commitment to transparent leadership, financial prudence, and good governance.

The District Municipality will continue to implement the best financial practices and accountability measures to ensure that public funds are managed effectively and in accordance with legal and ethical standards.

𝐈𝐒𝐒𝐔𝐄𝐃 𝐁𝐘 𝐓𝐇𝐄 𝐙𝐅 𝐌𝐆𝐂𝐀𝐖𝐔 𝐃𝐈𝐒𝐓𝐑𝐈𝐂𝐓 𝐌𝐔𝐍𝐈𝐂𝐈𝐏𝐀𝐋𝐈𝐓𝐘