Expenditure

Grants and expenditure section is responsible for the liability management, payroll management, Financial risk management and grants administration. It is comprised of four units namely; Accounts payable, Payroll, Grants administration and Short term Insurance.

FUNCTIONS

1. Payroll
   • Payment of staff salaries and councillor allowances
   • Payment of third parties
   • Submitting statutory returns to SARS
2. Accounts payable
   • Payment of service providers
   • Reconciliation of accounts payable
   • Submitting VAT returns
3. Short term insurance
   • Preparing and monitoring of the short term insurance portfolio
   • Handling claims for loss/damages of municipal assets.
4. Grants and subsidies administration
   • In-year reporting of grants and subsidies in terms of Division of Revenue Act
   • Monitoring of grant receipts
   • Updating and monitoring of grants and subsidies register