Implement and strengthen cost % savings on operating Monthly actual Director Financial reduction and containment strategy; budget (controllable expenditure versus 5% 1.25% 2.5% 3.75% 5% Management and cost/general expenditure) budget Reports Budgets Progressive SDBIP reporting to Quarterly 100% compliance with provide strategic alignment of Performance performance reporting 100% 100% 100% 100% 100% CFO operations; Assessments requirements Continuous performance monitoring, Quarterly 100% compliance with reporting and review; Performance Report performance reporting 100% 100% 100% 100% 100% CFO Coaching and mentorship on all requirements reporting levels Revisit the tariff structure and amend Monthly Reports to 100% of review & approval Director Financial tariffs to be cost recovery driven Portfolio Committee of tariffs during the budget 100% 100% 100% 100% 100% Management and taken into consideration affordability process Budgets and benchmarking Enhance processes to ensure 3 Internal reviews of 3 Internal reviews of adequate review of financial AFS. AFS Director Financial statements to prevent material 3 Management and misstatements, maintaining Budgets unqualified audit status and improve to clean audit status Revisit powers and functions in line 1 draft tariff guide Draft tariff guide for Director Financial with sect 84 of the MSA developed for 18/19 & 18/19 & 19/20 outer 1 1 Management and 19/20 outer years years Budgets Align strategy development and 100 Percentage of Aligned budget, Director Financial budget to create an enabling Programmes aligned to Procurement Plan, 100% 0 0 100% 100% Management and environment for investment; Budget and SCM Dashboard Budgets Provide support to Local 4 CFO Forums Minutes, and municipalities through district CFO engagements held Attendance Register forum IGR structure 4 1 1 1 1 CFO
Implement and strengthen cost reduction and containment strategy; % savings on operating budget (controllable cost/general expenditure) Monthly actual expenditure versus budget Reports 5% 1.25% 2.5% 3.75% 5% Director Financial Management and Budgets Progressive SDBIP reporting to provide strategic alignment of operations; 100% compliance with performance reporting requirements Quarterly Performance Assessments 100% 100% 100% 100% 100% CFO Continuous performance monitoring, reporting and review; Coaching and mentorship on all reporting levels 100% compliance with performance reporting requirements Quarterly Performance Report 100% 100% 100% 100% 100% CFO Revisit the tariff structure and amend tariffs to be cost recovery driven taken into consideration affordability and benchmarking 100% of review & approval of tariffs during the budget process Monthly Reports to Portfolio Committee 100% 100% 100% 100% 100% Director Financial Management and Budgets Enhance processes to ensure adequate review of financial statements to prevent material misstatements, maintaining unqualified audit status and improve to clean audit status 3 Internal reviews of AFS. 3 Internal reviews of AFS 3 Director Financial Management and Budgets Revisit powers and functions in line with sect 84 of the MSA 1 draft tariff guide developed for 18/19 & 19/20 outer years Draft tariff guide for 18/19 & 19/20 outer years 1 1 Director Financial Management and Budgets Align strategy development and budget to create an enabling environment for investment; 100 Percentage of Programmes aligned to Budget Aligned budget, Procurement Plan, and SCM Dashboard 100% 0 0 100% 100% Director Financial Management and Budgets Provide support to Local municipalities through district CFO forum IGR structure 4 CFO Forums engagements held Minutes, and Attendance Register 4 1 1 1 1 CFO
SDBIP%202017-%2030%20June.%20Council.1.docx