National Treasury today releases the Municipal Finance Management Act (MFMA) compliance report for the 2024/25 year. The report assesses the compliance of municipalities with the Municipal Finance Management Act (MFMA).

Sections of the MFMA requires the National Treasury, in conjunction with Provincial Treasuries (PTs), to monitor and assess compliance by municipalities with the provisions of the Act. To give effect to this legislative responsibility in the Act, the National Treasury has compiled and issued a report titled “Strengthening Municipal Financial Management, MFMA Compliance Report” which provides the consolidated status of MFMA compliance and implementation by municipalities for the 2024/2025 financial year (01 July 2024 to 30 June 2025). The report is based on information submitted by municipalities through National Treasury’s compliance monitoring systems.

Report by National Treasury