Town Treasury

The department is also responsible for Financial Accounting and Reporting through the preparation of the Annual Financial Statements by International Financial Reporting Standards, Council policies, and the Urban Government Act No. 8 of 1969. It also ensures that the internal control and finance systems work efficiently and effectively.

The Department constitutes of three units, the Income, Expenditure and Procurement Units that work collectively to ensure a financially secure Council.

The unit is responsible for ensuring that all rates are billed correctly and sent to the correct ratepayers at the beginning of the financial year:

• Ensuring that all rates are paid as and when they become due
• If, any ratepayers default, the unit is responsible for ensuring that they are followed up as per the dictates of the Rating Act of 1995

• The unit is also responsible for ensuring that all user fees are billed on time and paid
• It is also supposed to chase after non-payers and ensure that they pay for services rendered

The role of the Expenditure Unit is to ensure that all services and goods required by Council are procured, and paid for according to set policies and standards, and also to ensure that they are accounted for properly.

• Budgetary control of Council’s annual estimates
• Procurement of all goods and services in accordance to the various legislation governing procurement at the Municipal level
• Payment of service and goods as they become due
• Properly accounting for the services and goods in the Council’s financial management system
• Managing and safeguarding all Council’s fixed assets