BUDGET AND TREASURY
VISION 2035
By 2035, Umvoti shall be a municipality which embraces rural development, economic growth, sustainability, social cohesion and a people centred society.
MISSION
As part of fulfilling its mandate, Umvoti Municipality commits itself to:
• Provide democratic, transparent and accountable local government;• Ensure equity and integrated transformation;
• Ensure sound inter-governmental relations for integrated development planning;
• Facilitate economic and social development;
• Promote a safe and healthy environment; and
• Render and expand affordable and sustainable services in a transparent and accountable manner and promote a culture of payment for services.
The Budget and Treasury Department plays a crucial role in managing financial resources, ensuring compliance with regulations, and supporting the municipality's operations by preparing and monitoring budgets, managing cash flow, and advising on financial matters.
Core responsibilities and functions:
- Strategic planning and budget process guidelines.
- Budget Planning, Preparation, and Implementation
- Preparation of tariffs.
- Management of the consolidation and presentation of the budgets to the council.
- Assisting in the alignment of the Integrated Development Plan (IDP)
- Budget monitoring and control.
- Preparation of end-of-year comparative reports, dashboard financial indicators, and financial information for the municipal manager, mayor, provincial and national treasury
- Providing strategic advice and support to departments
- Implementation of budget reforms in terms of National Treasury guidelines
- Implementation and management of tariff policies that govern tariffs and coordinate the determination of tariffs
- Preparation of a long-term and medium-term expenditure framework, IDP and Long-term Development Framework
- Development and maintenance of a financial model
- Compliance with budget and financial issues in terms of the Municipal Finance Management Act
Financial statements
- The department is responsible for the overall planning, direction, management, and coordination for the preparation of Umvoti Municipality's Annual Financial Statements
- Managing the consolidation and presentation of the financial statements to the council.
- Coordinating the preparation of audit working papers
- Attending to areas of weakness as identified in the Auditor General's Report
- Implementing Generally Accepted Municipal Accounting Practices (GAMAP)
- Improving financial management reporting
- Processing of Value Added Tax returns
- Authorising amendments to the chart of accounts
CONTACT DETAILS
Telephone: 033 413 9244
Email: samson.kaziko@umvoti.gov.za
