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Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003)

Chapter 8 : Responsibilities of Municipal Officials

Part 1 : Accounting officers

72. Mid-year budget and performance assessment


(1) The accounting officer of a municipality must by 25 January of each year—
(a) assess the performance of the municipality during the first half of the financial year, taking into account—
(i) the monthly statements referred to in section 71 for the first half of the financial year:
(ii) the municipality's service delivery performance during the first half of the financial year, and the service delivery targets and performance indicators set in the service delivery and budget implementation plan;
(iii) the past year's annual report, and progress on resolving problems identified in the annual report; and
(iv) the performance of every municipal entity under the sole or shared control of the municipality, taking into account reports in terms of section 88 from any such entities; and
(b) submit a report on such assessment to—
(i) the mayor of the municipality;
(ii) the National Treasury; and
(iii) the relevant provincial treasury.


(2) The statement referred to in section 71(1) for the sixth month of a financial year may be incorporated into the report referred to in subsection (1)(b) of this section.


(3) The accounting officer must, as part of the review—
(a) make recommendations as to whether an adjustments budget is necessary; and
(b) recommend revised projections for revenue and expenditure to the extent that this may be necessary.