The Finance Management Act Circulars are issued by National Treasury in order to assist National Treasury in achieving its responsibilities established in terms of sections 5 and 6 of the MFMA… 2020_21 MFMA Budget Circular No 98 - 06 Dec 2019 (final)_, 02. 88 Municipal Circular on Rationalisation Planning and Reporting Requirements for the 2018/19 MTREF 30 November 2017 Page 4 of 20 At the level of “Outcome”, or “the medium-term results for specific beneficiaries” (National Treasury, 2007), the reporting reforms initiative has sought to measure performance indicators 56 of 2003 MFMA mSCOA Circular No. Circulars / CIRCULARS CIRCULARS. municipal officials, since 2016. 66 Municipal Finance Management Act No. This budget circular is a follow-up tothe one i ssued o07 December 201n and it 8 complements the many other circulars that have been issuedpreviously. /Circulars/Documents/MFMA Circular 65 - Internal Audit and Audit Committee.pdf. The Public Finance Circulars (PFMA) are issued at various intervals to guide departments and, where relevant, public entities toward better financial management, with some containing mandatory requirements.Similarly, Municipality Circulars (MFMA) are distributed to municipalities as guidelines and/or requirements. List of changes between vs 6.3 and 6.4 - 6 Dec 2019. Furthermore, the module will not address the content and format of the budget. MFMA BUDGET CIRCULARS & NERSA GUIDELINES 2020/2021 . 56 of 2003 Municipal Budget Circular for the 2013/14 MTREF 11 December 2012 Page 1 of 27 01. NATIONAL TREASURY MFMA Circular No. The names of these officials can be obtained from MFMA Circular 79 and / or other related MFMA Circulars. 74 Municipal Finance Management Act No. 1 NATIONAL TREA SURY MFMA Circular No. The National Treasury has played a pivotal role in the introduction of financial management reforms across government since 1994 and in local government since 1996. from a strategic point of view incorporating National Treasury budget reforms, the content of the various MFMA circulars issued by National Treasury and providing some guidance on best practices in preparing a budget. National Treasury is replacing measures relating to Covid-19 Disaster Management Central Emergency Procurement Strategy, namely Instruction Note 3 of 2020/21 and Circular 101. This Circular must be tabled before the municipal council Please treat mfma.treasury.gov.za as the canonical and up to date source of MFMA information. 98 Municipal Finance Management Act No. ... Municipal Finance Management Act. 78 Municipal Finance Management Act No. A1 Schedule - mSCOA vs 6.4 - ECLR v1 - Water Inventory - Final Version, 07. Circular on Costing of Developmental Mandates (302kb) Circular on timeous payment of invoices and claims MFMA Circular No 93 Municipal Budget Circular for the 2019/20 MTREF 07 December 2018 Page 2 of 24 Introduction. 85 Municipal Finance Management Act No. Section 19 of the MFMA states: (1) A municipality may spend money on a capital project only if- ... the National Treasury and the relevant provincial treasury. NATIONAL TREASURY CIRCULARS 85 and 86 – MUNICIPAL BUDGET CIRCULARS FOR THE 2017/18 MTREF . This circular comes at a time where National Treasury needed to respond to a call by the President of the Republic of South Africa for a stimulus package and the implementation of the recovery plan in order to stimulate the economy. 56 of 2003 Service Delivery and Budget Implementation Plan 31 January 2005 Page 1 of 1 57, the National Treasury has continued with the commissioning of a project into the research and assessment of cost containment measures should be directed to the respective National or Provincial Treasury official responsible for monitoring the municipality’s budget. SALARY: R376 596 per annum (excluding benefits ... necessary for the drafting and preparation of circulars relevant to financial ... Authority (SAQA). NATIONAL TREASURY MFMA Circular No. This is the fourthin a series of mSCOA circulars. implementation of the Municipal Finance Management Act (MFMA). MFMA Circular No 70 Municipal Budget Circular for the 2014/15 MTREF 4 December 2013 Page 3 of 35 Implementing the National Development Plan through expanding electricity, transport, communications capacity and promoting industrial competitiveness. 56 of 2003 (MFMA) stipulates that the accounting officer of a municipality or municipal entity is responsible for managing the financial administration of a municipality and must for Tariff Setting Methodology - 05 November 2019 MFMA Circular No 58 Municipal Budget Circular for the 2012/13 MTREF 14 December 2011 Page 3 of 25 1.2 National priority – creating decent employment opportunities Creating decent employment opportunities remains a national priority. and provide contact details for the relevant specialist at National Treasury. The SIPDM has been issued as an instruction in terms of the PFMA resulting in uniformity in infrastructure Legislation - Public Finance Management Act - PFMA - Treasury Circulars. This Circular replaces MFMA Circular 82. Treasury Links: Links RSA Retailbonds Investor Relations Co-operative Banks Development Agency Office of the Chief Procurement Officer Committee of 10 (C10) Office of the Accountant General Tender Bulletins Development Co-operation Information System MFMA … The new measures will be Instruction Note 5 of 2020/21 for PFMA institutions and Circular 102 for MFMA … Tariff Setting Methodology - 05 November 2019, 03. The cornerstone of the reform initiative has been implemented through the Municipal Finance Management Act No. Section 5 of the MFMA enables National Treasury to investigate any system of financial management and internal control in a municipality or municipal entity and recommend appropriate improvements. The new Instruction Note and Circular will be on the National Treasury … Amb. National Treasury Circular No.1/2021 on Guidelines for the Preparation of the Annual Budget for State Corporations for Financial Year 2021/2022 and Medium-Term Projections for FYs 2022/2023 and 2023/2024. Ukur Yatani, will on Wednesday 25 th November, 2020, from 9:00 am at the Amphitheatre of the Kenyatta International Convention Centre, deliver the keynote address to officially launch the Public Sector Hearings for the Financial Year 2021/22 and Medium-Term Budget Proposals. The new measures will be Instruction Note 5 of 2020/21 for PFMA institutions and Circular 102 for MFMA institutions. javascript:commonShowModalDialog('{SiteUrl}/_layouts/itemexpiration.aspx?ID={ItemId}&List={ListId}', 'center:1;dialogHeight:500px;dialogWidth:500px;resizable:yes;status:no;location:no;menubar:no;help:no', function GotoPageAfterClose(pageid){if(pageid == 'hold') {STSNavigate(unescape(decodeURI('{SiteUrl}'))+'/_layouts/hold.aspx?ID={ItemId}&List={ListId}'); return false;} if(pageid == 'audit') {STSNavigate(unescape(decodeURI('{SiteUrl}'))+'/_layouts/Reporting.aspx?Category=Auditing&backtype=item&ID={ItemId}&List={ListId}'); return false;} if(pageid == 'config') {STSNavigate(unescape(decodeURI('{SiteUrl}'))+'/_layouts/expirationconfig.aspx?ID={ItemId}&List={ListId}'); return false;}}, null); return false; mSCOA – Municipal Standard Chart of Accounts, 01. Municipal Finance Management Act No. Additional Collections. Tariff Setting Tool - 05 November 2019, 05. Office of the Premier Agriculture Co-operative Governance, Human Settlement and Traditional Affairs Economic Development, Environment & Tourism Education Health Provincial Treasury Public Works, Roads and Infrastructure Safety, Security and Liaison Social … 2020_21 - Budget Circular - Water Inventory, 06. Final Medium Term Revenue and Expenditure Framework (MTREF) 1 NATIONAL TREASURY MFMA Circular No. 94 Municipal Budget Circular for the 2019/20 MTREF 08 March 2019 Page 2 of 15 Introduction. This circular provides further guidance to municipalities and municipal entities for the The National Treasury no longer accepts hand delivered or posted applications. These National Treasury publications may not be reproduced wholly or in part without the express authorisation of the National Treasury in writing unless used for non-profit purposes. Since the release of MFMA Circular No. 56 of 2003 Municipal Budget Circular for the 2015/16 MTREF . Municipalities are reminded to refer to the annual budget circulars of the previous years for guidance on budget preparation that is not covered in this circular. 56 of 2003 Municipal Budget Circular for the 2017/18 MTREF 09 December 2016 Page 1 of 13 56 of 2003 Municipal Budget Circular for the 2015/16 MTREF . This circular provides further guidance to municipalities and municipal entities for the The Public Finance Circulars (PFMA) are issued at various intervals to guide departments and, where relevant, public entities toward better financial management, with some containing mandatory requirements.Similarly, Municipality Circulars (MFMA) are distributed to municipalities as guidelines and/or requirements. MFMA Circular No. This Circular must be tabled before the municipal council for adoption Sections 62(1)(a) and 95(a) of the Municipal Finance Management Act No. 75 Municipal Finance Management Act No. 1 NATIONAL TREASURY MFMA Circular No. Circular 68 – Unauthorised, Irregular, Fruitless and Wasteful Expenditure (Updated July 2019) (284KB) A – Register of Unauthrised, Irregular, Fruitless and Wasteful Expenditure This is a mobile- and search-engine friendly mirror of the original MFMA website (http://mfma.treasury.gov.za) with some additional third-party guidance material for the sole purpose of helping people find the fundamentally important resources available there. Municipalities can use ... consideration by the National Treasury. Circular 79 and / or other related MFMA Circulars, 02 respective National or Treasury. The Municipal Finance Management Act No Term Revenue and Expenditure Framework ( MTREF 1. 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