Finance and Economic Development

Director
Riaaz Lorgat

Assets and Funding Management

The proper utilisation and management of capital assets is one of the prime mechanisms by which a municipality can fulfil its constitutional objectives for:

The municipality has a legal and moral obligation to ensure it implements policies to provide for the effective and efficient usage of its capital assets over the useful life thereof. The asset management section deals with the municipal rules required to ensure the enforcement of appropriate stewardship of capital assets.

Stewardship has three components:

  1. a) Management, utilisation, and control by the Municipal Officials.
  2. b) Financial administration by the Chief Financial Officer.
  3. c) Physical administration by the Senior Managers.

The Asset and Funding Management Section comprises of:

Infrastructure Assets/Movable Assets Section

Focusing on the implementation and reporting on the GRAP Accounting Standards when compilating the Fixed Asset Register.

Insurance Section

Facilitating the submission and processing of all insurance related matters and claims as well as the risk assessments process. 

Property Leases

Responsible for the contract management of all lease agreements relating to properties. 

Funding Management

Source funding for unfunded capital and operational projects.

Budget and Treasury

The municipal budget and treasury office is legislated in terms of the Local Government: Municipal Finance Management Act. This section is tasked with the Financial Management and Financial Accounting of the municipality and provides a support function to all the departments within the municipality. The primary role is dealing with the management of a municipal's funds and ensures financial sustainability for the institution. This includes the preparing of strategic, credible, and sustainable financial budgets, credible financial reporting and Budget implementation monitoring.

Another key function is the preparation of credible Annual Financial Statements in line with Kouga Municipality’s vision of achieving a clean audit. This includes the co-ordination and controlling of the Audit. 

Economic Development and Tourism

Local Economic Development

The LED section facilitates, promotes, and encourages collaboration with private sector, stakeholders, and local people to work together to achieve sustainable economic growth and development to improve quality of life for all residents within Kouga.

The following functions fall under Local Economic Development –

Tourism

There are three Local Tourism Offices:

These offices promote all activities and accommodation available within the respective areas to tourists.

Events Safety Management

To provide measures to safeguard the physical well-being and safety of persons and property at all events/festival and gatherings according to the SASREA Act of August 2010 and the SANS standards. 

The municipality hosts events within Kouga with the main intention of driving tourism and economic growth into the area.

Expenditure

Creditors

The Creditors Section is responsible for all payments to suppliers of goods and services rendered to Kouga. We strive to pay our suppliers within 30 days of the statement.

Payroll Section

All salaries paid to permanent and contract workers are processed by the Payroll Section. 

Revenue

The Revenue Department is divided into three components:

Service

The Services component is responsible for all the billing of customer accounts ie.

meter readings both water and electricity, billing of rates, septic tanks, etc. 

This team ensures that:

Valuation and Rates

The Valuation and Rates team ensures the following:

All the above processes must be performed in compliance with the Municipal Property rates Act 2004.

Credit Control

This component is responsible for all the indigent applications and processing thereof to ensure that the indigents receive their free basic services allocations.

This component is required to implement the Customer Care and Credit Control Policy of the Municipality and thus assists customers that are struggling to pay their accounts, to make payment arrangements.

Supply Chain Management

Supply Chain Management is a central support function to Service Delivery within the Municipality. It incorporates legislative guidelines with business concepts and strategy to promote principles of good governance and to address socio-economic objectives. At its core, it deals with procurement of goods and services through an authorized process and related functions starting with initiating procurement plans through to performance management and compliance audits. 

The Supply Chain Management unit consist of the following sub-units: