April 11, 2024 -

Finance & economy

LOCAL GOVERNMENT (FINANCE AND AUDIT) BILL, 2004

  • 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.

Attachments

  • LOCAL-GOV-FIN-ACT-2002-AMENDED (1) pdf (251kb)

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