Munsoft would like to remind all municipalities of the 2019/20 Final Budget that must be completed and submitted to National Treasury in terms of Section 24(3) of the MFMA and regulation 20(1) of the Municipal Budget and Reporting Regulations.
The MFMA and MBRR requires that the approved annual budget must be submitted to both National Treasury and the relevant Provincial Treasury within 10 working days after the council has approved the annual budget. E.g. if the council approves the annual budget on 31 May 2019, the final date for such a submission is Friday, 14 June 2019.
For assistance, please click the Help Button on the Munsoft system to find a detailed Budgeting Manual. Follow the steps to complete the Final Budget and A-Schedule in order for the ORGB Data Strings and A-Schedule to reconcile.
Please take note of locking the Tabled budget before the Final Budget can be captured on the system, refer to page 41 of the Budgeting manual.
We also advise municipalities to be on a regular communication with their respective Provincial Treasury to give an update on progress of the 2019/20 Final Budget.
All Municipalities that have a Consulting agreement will be contacted by their respective consultants for procedures to follow.
If you have any queries, please contact your Service Delivery Manager for assistance.