Local Government: Getting Municipal Finances Right

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The book delves into the challenges faced by South African municipalities regarding financial management, particularly in the context of budget deficits and infrastructure stagnation. It emphasizes the necessity of effective reporting, governance, and accountability to maintain public confidence and integrity in local government. The relationship between municipal budget planning and community needs is explored, highlighting the importance of financial statements in assessing a municipality's health. Additionally, it discusses the impact of the economic environment on the municipal tax base and resource allocation.