Get the free Section 72 MFMA, Mid-Year Performance Assessment Report

Compiled in terms of In terms of Section 72 of the Local Government Municipal Finance Management Act No.56 of 2003 (MFA),1SUBMISSION OF THE MID YEAR PERFORMANCE REPORT 2022/2023 PERIOD 01 JULY 2022

How to fill out section 72 mfma mid-year

How to fill out section 72 mfma mid-year

1. Obtain a copy of the MFMA mid-year report template for section 72.
2. Fill in the relevant financial information for the mid-year period, including budget vs actual figures.
3. Provide explanations for any significant variances or deviations from the budget.
4. Complete all required sections and ensure all calculations are accurate.
5. Submit the completed section 72 MFMA mid-year report to the appropriate authorities within the designated timeline.

Who needs section 72 mfma mid-year?

1. Municipalities and local governments that are required to comply with the Municipal Finance Management Act (MFMA) need to fill out and submit section 72 MFMA mid-year reports. These reports help to track and monitor the financial performance of the municipality during the mid-year period, ensuring transparency and accountability in financial management.

For pdfFiller’s FAQs

How do I modify my section 72 mfma mid-year in Gmail?

section 72 mfma mid-year and other documents can be changed, filled out, and signed right in your Gmail inbox. You can use pdfFiller's add-on to do this, as well as other things. When you go to Google Workspace, you can find pdfFiller for Gmail. You should use the time you spend dealing with your documents and eSignatures for more important things, like going to the gym or going to the dentist.

How can I edit section 72 mfma mid-year on a smartphone?

You can easily do so with pdfFiller's apps for iOS and Android devices, which can be found at the Apple Store and the Google Play Store, respectively. You can use them to fill out PDFs. We have a website where you can get the app, but you can also get it there. When you install the app, log in, and start editing section 72 mfma mid-year, you can start right away.

How do I complete section 72 mfma mid-year on an iOS device?

Install the pdfFiller app on your iOS device to fill out papers. If you have a subscription to the service, create an account or log in to an existing one. After completing the registration process, upload your section 72 mfma mid-year. You may now use pdfFiller's advanced features, such as adding fillable fields and eSigning documents, and accessing them from any device, wherever you are.

What is section 72 mfma mid-year?

Section 72 of MFMA mid-year refers to the requirement for municipalities to prepare and submit a mid-year budget report detailing their financial performance and projections.

Who is required to file section 72 mfma mid-year?

All municipalities in South Africa are required to file section 72 MFMA mid-year reports.

How to fill out section 72 mfma mid-year?

To fill out section 72 MFMA mid-year, municipalities need to provide detailed information on their financial performance for the first half of the fiscal year, including revenue, expenditures, variances, and projections for the remainder of the year.

What is the purpose of section 72 mfma mid-year?

The purpose of section 72 MFMA mid-year is to ensure transparency and accountability in municipal finances by providing an update on the financial performance and projections of municipalities during the fiscal year.

What information must be reported on section 72 mfma mid-year?

Information that must be reported on section 72 MFMA mid-year includes revenue collected, expenditures incurred, budget variances, cash flow projections, and any other financial details relevant to the municipality's financial position.