AG Tsakani Maluleke paints grim picture on state of municipal finances

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AG Tsakani Maluleke paints grim picture on state of municipal finances
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Briefing MPs on Wednesday, Maluleke said some municipalities failed to bring in their own revenue and overly relied on conditional grants, even to pay the salaries of councillors and staff.

Auditor-general Tsakani Maluleke has painted a grim picture of the state of finance and accounting at the country's municipalities.

“Some of the things that make financial health of municipalities so concerning are that revenue is budgeted for but even at the point of budgeting and those budgets being approved, it is clear that revenue is unlikely to be collected,” said Maluleke. Maluleke said municipalities spent up to 46% of their equitable share and conditional grants on salaries for staff and politicians.

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