No CLASSIFICATION AG Exception/Finding Par ACTIVITY/ACTION TO No RESOLVE REPORTING PROGRESS Responsible Due Date/ Report date Status Person frequency EMPHASIS OF MATTERS Going Concern The current liabilities 7 Develop a revenue MM 10/1/2018 10/1/2018 A draft revenue Municipality’s exceeded its current assets by R7.2M. enhancement plan to enhancement plan to The situation, along with other matters improve the collection rate improve the collection as disclosed in note 45, indicates that and to maximise all revenue rate of debt and other 1 the Municipality may encounter difficulty streams. revenue due to council realising its assets and discharging its has been developed liabilities during the normal course of and is attached as business Annexure B
No CLASSIFICATION AG Exception/Finding Par No ACTIVITY/ACTION TO RESOLVE REPORTING PROGRESS Responsible Person Due Date/ frequency Report date Status EMPHASIS OF MATTERS 1 Going Concern The Municipality’s current liabilities exceeded its current assets by R7.2M. The situation, along with other matters as disclosed in note 45, indicates that the Municipality may encounter difficulty realising its assets and discharging its liabilities during the normal course of business 7 Develop a revenue enhancement plan to improve the collection rate and to maximise all revenue streams. MM 10/1/2018 10/1/2018 A draft revenue enhancement plan to improve the collection rate of debt and other revenue due to council has been developed and is attached as Annexure B
IDP-2018-2019-FINAL.docx