Page 165 - UGU Dstrct Mun IDP Report '21-22

Cash Flow Management
3.8.11 Municipal Financial Viability and Management SWOT Analysis
The SWOT Analysis with regards to the Municipal Financial Viability and Financial Management analysis are summarised as follows:
Table 3.13.11.1: Municipal Financial Viability and Management SWOT Analysis
Strengths
Weaknesses
• Stability of Budget and Treasury Office
• Financial management turnaround strategy in place. • Critical managerial posts have been filled
• Non-compliance with MFMA – Policies and procedures
• Not fully MSCOA compliant
• No standard operating procedures for financial
management.
• Misalignment of skills within the organisation.
• Inaccurate billing
• Lack of contracts management
• Inaccurate customer information’s database
Opportunities
Threats
• Potential for investment to enhance economic development and revenue collection.
• Larger Urban areas to enhance revenue
• Support from National and Provincial treasury and CoGTA
• Financial management trainings are not specific to the Treasury department.
• Under collection of revenue threatens cash flow. • Non-performance of service provider
3.8.12 Municipal Financial Viability and Management
Below is a table showing the MEC comments for the IDP reviews for Municipal Financial Viability and Management
IDP REVIEW 163