Draft Rates Policy 2023/2024

The petty cash must be approved by the Accounting Officer and kept by a designate of the Chief Financial Officer (CFO) in the Finance Department who will keep the cash under lock and key of all times. In terms of the Municipality’s Supply Chain Management policy under Sub-paragraph 12 (1) (a), purchases from R1 up to R2000 (inclusive of VAT) to be procured using petty cash.

In terms of the Municipal Finance Management Act, No. 56 of 2003, Chapter 4 on Municipal Budgets,Subsection (16), states that the council of a municipality must for each financial year approve an annualbudget for the municipality before the commencement of that financial year.

Final Banking and Investment Policy 2023/2024

Inventory Management Policy 2023/24

Okhahlamba Local Municipality Final Assets Management Policy & Procedure 2023/24

Introduction
In keeping with the principles that Local Government conducts its affairs in an effective, economical and efficient manner with a view to optimising the use of its limited resources in addressing the needs of the community, the OKHAHLAMBA Municipality hereby sets out its Indigent Support Policy to promote social and economic development within the community of OKHAHLAMBA.

Okhahlamba Municipality has a legal, obligation to protect municipal assets against abuse, which could result in a loss to the Municipality.
These assets include the municipal vehicle fleet as well as vehicles, used by the municipality on lease or loan basis.

This policy excludes vehicles used subject to specific agreements, such as vehicles used by councillors, and private vehicles of officials subject to specific conditions of employment.

Background and Purpose
Virement is the process of transferring funds from one-line item of a budget to another, however this can only take place within a function or sub-function and the same source of funding. The term is derived from a French word meaning a commercial transfer.

Customer Care, Credit Control and Debt Collection Policy 2023