City of Johannesburg budget to be approved by 10 July
JOBURG — The City was meant to have approved the budget by 1 July.
The City of Johannesburg has agreed to approve the 2020/21 budget by 10 July, after the initial budget meeting was postponed on 2 July.
The financial year of the City of Johannesburg ended on 30 June 2020. In terms of section 24(2) of the Local Government: Municipal Finance Management Act (MFMA) 2003 (Act 56 of 2003) the Council of the City of Johannesburg ought to have approved the budget by 1 July 2020.
The executive committee for the City convened an extraordinary executive council meeting on 4 July to deliberate on steps to take following the Municipal Council not being able to approve an annual budget timeously.
City of Johannesburg Mayor Geoff Makhubo said, “We accept and welcome the directives of the provincial government. The City will endeavour to satisfy all its obligations and we remain confident that a budget will be passed within the timelines set. This will allow us to ensure that the work of providing services to the residents of Johannesburg and responding to the needs of the most vulnerable and poor within the City continues.”
Related articles:
https://www.citizen.co.za/fourways-review/249341/citys-next-term-priorities-listed/
https://www.citizen.co.za/fourways-review/355259/city-of-johannesburg-asks-for-your-input/
