The Chris Hani District Municipality will present its draft annual report for 2015/2016 in Cofimvaba today.
The 2015/2016 financial year came to a close at the end of June 2016 and as directed by the Local Government: Municipal Finance Management Act, 56 of 2003 (MFMA) as well as National Treasury MFMA Circular 63 of 2012, the Chris Hani District Municipality undertook a process of preparing the annual report for the said financial year. In terms of this, the 2015/2016 Draft Consolidated Annual Report was tabled by the Executive Mayor Kholiswa Vimbayo to Council in its sitting of December 15, 2016. As per directives of the MFMA, the municipality must, immediately after the Draft Annual Report is presented to Council, allow for communities and relevant stakeholders, to provide comments in respect of the contents of the report.
In line with the above, the executive mayor will be presenting the 2015/2016 Draft Consolidated Annual Report to communities and stakeholders in a stakeholder engagement session scheduled for today at 10am at Cofimvaba High School in the Intsika Yethu Municipality.