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Annual Reports

Section 121(1) of the Local Government: Municipal Finance Management Act 56 of 2003 (MFMA) stipulates that: "Every municipality and municipal entity must for each financial year prepare an annual report in accordance with its guidelines."
 
The purpose of the annual report is to:
(a) Provide a record of the activities of the eThekwini Council during the financial year.
(b) Provide a report on performance against the budget of the eThekwini Council for the financial year reported on.
(c) Promote accountability to the local community for the decisions made throughout the year by the Municipality.
 
According to the MFMA, this Report should include:
(a) The annual financial statements of the Municipality, and consolidated annual financial statements, submitted to the Auditor-General for audit in terms of section 126 (1) of the MFMA
(b) The Auditor-General’s audit report in terms of section 126 (3) of the MFMA and in accordance     with s45 (b) of the MSA; on the financial statements in (a) above;
(c) The annual performance report of the Municipality as prepared by the eThekwini Municipality in terms of section 45(b) of the Local Government: Municipal Systems Act 32 of 2000 (MSA);
(d) An assessment of the arrears on municipal taxes and service charges;
(e) An assessment of the Municipality’s performance against the measurable performance objectives referred to in Section 17 (3)(b) of the MFMA for revenue collection from each revenue source and for each vote in the Municipality’s approved budget for the financial year 
(f) Corrective action taken in response to issues raised in the audit reports referred to in paragraphs (b) and (d); and
(g) Recommendations of the Municipality’s Audit Committee.
 
Interested stakeholders of eThekwini Municipality are encouraged to study this document to understand the workings of the organisation.
 
 
 
 
 
Contact details:
Phindi Nonyane
Tel: 031 322 7205
Email: Phindi.Nonyane@durban.gov.za​​​​​​
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