MEC MAILE OUTLINES THE STATE OF GAUTENG MUNICIPAL FINANCES IN THE FIRST HALF OF 2025/26 FINANCIAL YEAR
LEGISLATIVE BACKGROUND At the end of every month, Accounting Officers of municipalities submit financial statements to the Gauteng Provincial Treasury detailing their state of municipal budgets as required by Section 71.1 of the Municipal Finance Management Act, No.56 of 2003 (MFMA). Furthermore, on a quarterly basis, the Gauteng Provincial Treasury compiles a consolidated statement on…

