Section 24 of the Local Government Municipal Finance Management Act No. 56 of 2003 (MFMA) states that, the council of a municipality must for each financial year approve an annual budget for the municipality before the start of the financial year.

Section 24(1) further states that, in order for a municipality to comply with subsection (1), the mayor of the municipality must table the annual budget at a council meeting at least 30 days before the start of the budget year.

Regulation 9 of the Municipal Budget and Reporting Regulations (MBRR) further prescribes that the annual budget and supporting documentation of a municipality must be in the format specified in Schedule A and include all the required tables, charts and explanatory information, taking into account any guidelines issued by the Minister in terms of Section 168 (1) of the act.

KZN 235 Mid Year and C Schedule 2025/2026

Section 24(1) further states that, in order for a municipality to comply with subsection (1), the mayor of the municipality must table the annual budget at a council meeting at least 30 days before the start of the budget year.

In terms of Section 28 of the Local Government Municipal Finance Management Act No. 56 of 2003 (MFMA): A municipality may revise an approved annual budget through an adjustment budget

Section 16(1) of the Local Government Municipal Finance Management Act No. 56 of 2003 (MFMA) states that, the council of a municipality must for each financial year approve an annual budget for the municipality before the start of the financial year.

Section 16(2) further states that, in order for a municipality to comply with subsection (1), the mayor of the municipality must table the annual budget at a council meeting at least 90 days before the start of the budget year.

In terms of the Section 28(4) of the MFMA: Only the mayor may table an adjustment budget in the municipal council but an adjustment in terms of subsection (2) (b) to (g) may only be tabled within any prescribed limitation as to timing or frequency.

The accounting officer of the municipality must by 25 January of each year

• Assess the performance of the municipality during the first half of the financial year considering– the monthly statements referred to in section 71 for the first half of the year.
• Submit the report on such assessments to – the mayor of the municipality, national treasury, and relevant provincial treasury.

Section 24(1) of the Local Government Municipal Finance Management Act No. 56 of 2003 (MFMA) states that, the municipal council must at least 30 days before the start of the budget year consider to approval of the annual budget

Section 16(1) of the Local Government Municipal Finance Management Act No. 56 of 2003 (MFMA) states that, the council of a municipality must for each financial year approve an annual budget for the municipality before the start of the financial year.

Section 16(2) further states that, in order for a municipality to comply with subsection (1), the mayor of the municipality must table the annual budget at a council meeting at least 90 days before the start of the budget year.

Section 16(2) further states that, in order for a municipality to comply with subsection (1), the mayor of the municipality must table the annual budget at a council meeting at least 90 days before the start of the budget year.