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South Africa

SA’s Organisation Undoing Tax Abuse says municipalities need more accountability for spending

todayDecember 13, 2023 7

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SA’s Organisation Undoing Tax Abuse says municipalities need to rethink how they raise revenues and apply more accountability and consequence management when it comes to spending or misspending revenues. A recent report by the National Treasury revealed that municipal collection rates stood at a staggeringly low 56.1-percent as opposed to the budgeted 83.1-percent collection anticipated. Outa’s Jonathan Erasmus says there seems to be a tendency among municipalities to budget for income they know they won’t get.

 

Written by: Leonard Witbeen

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