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The City of Cape Town has again received a clean audit and is the only metro to have achieved this for its 2022/23 financial year. The Auditor-General has lauded the City as being a ‘pocket of excellence’ while audits for municipalities across South Africa generally worsened for the year under review. Read more below:
‘At its heart, this recognition means that public money that is earmarked for service delivery is spent correctly, transparently and within all the requirements of legislation governing public spending. The ones who ultimately win when government performs well are the residents. We go out to bat for our residents every day and will continue to find ways to improve on our service delivery, building on the sound backbone of accountability and good governance that we’ve developed over more than a decade. We are proud to have a clean audit, but to be the only metro in South Africa to get a clean audit is a real concern. Nevertheless, the City will continue to strive to maintain this accolade.
‘Cape Town plans to spend R39,5bn on infrastructure from July 2024 to June 2027, as approved in its ‘Building For Jobs’ Budget. This is South Africa’s largest ever three-year infrastructure investment by a metropolitan municipality. A clean audit, underpinned by good governance, great future vision and sound financial management is vital for Cape Town’s development,’ said the City’s Mayoral Committee Member for Finance, Councillor Siseko Mbandezi.
According to the Auditor-General, clean audits are generally characterised by:
- sound financial and performance management disciplines and performing their functions in accordance with applicable legislation.
- well-managed projects, enabling prompt identification and rectification of deficiencies to adhere to timelines, budgets and quality standards.
- a well-functioning control environment and good systems that are present at these municipalities.
Issued by: Media Office, City of Cape Town
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