Mid-Year Budget and Performance Assessment Report (ended 31 December 2022) – MFMA Sec 72
MFMA: SECTION 72 – SERVICE DELIVERY AND BUDGET IMPLEMENTATION PLAN – MID TERM REPORT
This report assesses the performance of the municipality during the first half of the financial year. This report takes into accounts the 239 projects/programmes of service delivery targets and performance indicators as set out in the Service Delivery and Budget implementation Plan. However, the Mid-Term report accounts for 215 of projects/programmes due for implementation for 01 July to 31 December 2022. Performance is accounted for, based on the delivery of projects and/or services in the IDP and SDBIP for which the Mangaung Council is responsible for implementing.
This report is to assist the accounting officer as part of the review:
• Make recommendations as to whether an adjustment budget is necessary;
• Recommend revised projections for revenue and expenditure to the extent that this may be necessary; and
• Provide intervention mechanisms or corrective actions for lower than expected and/or unsatisfactory / unacceptable performance that have been identified and be implemented by the Executive Management Team in the next quarter (January – March 2023).