- Council Development Fund: Each council must maintain a fund for all revenues and liabilities.
- Revenue Sources: Councils can generate revenue from taxes, licenses, rents, grants, and other sources.
- Budgetary Procedures: Councils have the right to formulate, approve, and execute balanced budgets, with a focus on development activities.
- Audit and Accountability: The Auditor General is responsible for auditing council accounts, ensuring proper financial management and transparency.