Amendment Act, (k): the development of a uniform for the assessment No 97 of 1996 structuring of user tariffs; process. Electricity Section 4: Powers and Duties of Regulator Segments set-up to assist in the Regulation Act, No (a)(ii): Regulate prices and tariffs extraction of 4 of 2006 Section 16: Tariff Principles information to use in the rates assessment process. Municipal Fiscal Definition for base tariff” Segments set-up to “municipal Powers and assist in the Functions Act, No extraction of 12 of 2007: information to use in the rates assessment process. REGULATIONS Municipal Annexure: Costing Segment Segments set-up to Regulation on a assist in the 7. This segment provides for a classification Standard of extraction of structure for secondary cost elements and acts Accounts information to use in as a cost collector in determining inter alia total (mSCOA) the rates cost of a service or function, identification of assessment productivity inefficiencies and tariff process. determination of municipal services. Classification codes are identified with reference to departmental charges, internal billing and activity based recoveries for purposes of recording specific activities and functions in terms of their unit costs and cost categories. CIRCULARS: MFMA Circular No. Accrual based Financial Management Segments set-up to assist in the 42 Funding a The focus on accrual based financial extraction of Municipal Budget, management will assist decision-makers with 30 March 2007 information to use in comprehensive information when funding the rates strategies are discussed prior to adoption of the assessment budget. Discussions on proposed borrowing, the process. utilisation of grants, and setting of appropriate tariffs to ensure ongoing sustainability of existing and proposed services will be strengthened. Information will also assist in the review of ratepayer’s/consumers contributions towards services, for the years covered by the
Amendment Act, No 97 of 1996 (k): the development of a uniform for the structuring of user tariffs; assessment process. Electricity Regulation Act, No 4 of 2006 Section 4: Powers and Duties of Regulator (a)(ii): Regulate prices and tariffs Section 16: Tariff Principles Segments set-up to assist in the extraction of information to use in the rates assessment process. Municipal Fiscal Powers and Functions Act, No 12 of 2007: Definition for “municipal base tariff” Segments set-up to assist in the extraction of information to use in the rates assessment process. REGULATIONS Municipal Regulation on a Standard of Accounts (mSCOA) Annexure: Costing Segment 7. This segment provides for a classification structure for secondary cost elements and acts as a cost collector in determining inter alia total cost of a service or function, identification of productivity inefficiencies and tariff determination of municipal services. Classification codes are identified with reference to departmental charges, internal billing and activity based recoveries for purposes of recording specific activities and functions in terms of their unit costs and cost categories. Segments set-up to assist in the extraction of information to use in the rates assessment process. CIRCULARS: MFMA Circular No. 42 Funding a Municipal Budget, 30 March 2007 Accrual based Financial Management The focus on accrual based financial management will assist decision-makers with comprehensive information when funding strategies are discussed prior to adoption of the budget. Discussions on proposed borrowing, the utilisation of grants, and setting of appropriate tariffs to ensure ongoing sustainability of existing and proposed services will be strengthened. Information will also assist in the review of ratepayer’s/consumers contributions towards services, for the years covered by the Segments set-up to assist in the extraction of information to use in the rates assessment process.
mSCOA%20Project%20Summary%20Document%20-%20Costing%20%20Segment%20V6.docx