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The City of Cape Town has once again gotten a clean audit, making it the first metro to do so for the fiscal year 2022/23, Cape {town} Etc reports.

Also read: City’s seven-fold budget increase to protect sewer pumps from loadshedding

The Auditor-General (AG) has praised the City as a ‘pocket of excellence,’ despite the fact that audits for municipalities across South Africa typically worsened during the fiscal year under review.

‘At its heart, this recognition means that public money that is earmarked for service delivery is spent correctly, transparently and within all the requirements of legislation governing public spending,’ said the City’s mayoral committee member for finance, Siseko Mbandezi.

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‘The ones who ultimately win when government performs well are the residents. We go out to bat for our residents every day and will continue to find ways to improve on our service delivery, building on the sound backbone of accountability and good governance that we’ve developed over more than a decade. We are proud to have a clean audit, but to be the only metro in South Africa to get a clean audit is a real concern. Nevertheless, the City will continue to strive to maintain this accolade.’

‘Cape Town plans to spend R39.5bn on infrastructure from July 2024 to June 2027, as approved in its ‘Building For Jobs’ Budget. This is South Africa’s largest ever three-year infrastructure investment by a metropolitan municipality. A clean audit, underpinned by good governance, great future vision and sound financial management is vital for Cape Town’s development,’ 

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According to the Auditor-General, clean audits are generally characterised by:

  • Sound financial and performance management practices, as well as compliance with current legislation.
  • Projects that are well-managed allow for the timely detection and correction of faults in order to meet deadlines, budgets, and quality standards.
  • These communities have a good control environment and procedures in place.

Also read:

Clean audit doesn’t mean all needs are addressed says ANC

Picture: Muaaz / Pexels

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