Why Timelines Matter

The Municipal Finance Management Act (MFMA) is the backbone of financial governance for municipalities in South Africa. Designed to promote transparency, accountability, and sound financial management, the MFMA sets strict deadlines for budgeting, financial reporting, and audits. 

These timelines are not just bureaucratic requirements—they are essential to ensuring that municipalities plan effectively, spend wisely, and deliver services that meet the needs of their communities.

The success of the MFMA depends heavily on the effectiveness of oversight mechanisms. This includes the work of elected officials, municipal managers, and external bodies like the Auditor-General. But there’s a vital role for community members like you. By understanding these timelines and holding leaders accountable, you can help strengthen oversight and demand better governance.