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Presented by Cathy Motsisi Chief Financial Officer. Presentation of the Devolution of Property Rates and Taxes Grant to Provinces as at 30 June 2010. Responsibilities of the National Department.
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Presented by Cathy MotsisiChief Financial Officer Presentation of the Devolution of Property Rates and Taxes Grant to Provinces as at 30 June 2010
Responsibilities of the National Department • The national Department of Public Works will oversee the transfer of the function, provide support and training as needed to the Provincial Departments of Public Works • Monitor performance of Provinces • Support the Department of Rural Development and Land Reform in vesting of relevant properties in the Provinces' name • Transfer payments to Provincial Departments of Public Works • Monitor and evaluate the transfer of function into the relevant Provinces • Submit quarterly performance reports to National Treasury • Submit the allocation criteria, 2010 MTEF allocations and the final conditional grant framework that relate to this grant to National Treasury.
Responsibilities of the Provincial Department of Public Works • As part of the report required in terms of sec 71 of the MFMA and sec 40(4)(c) of the PFMA report to the relevant • Report to the relevant Provincial Treasury, the National Treasury and National Public Works spending and financial performance of the grant • Submit quarterly reports within 30 days after the end of the quarter, including non-financial performance reports to NDPW and National Treasury • The receiving officer must, within two months after the end of the financial year, and where relevant the municipal financial year, evaluate its performance in respect of the grant and submit such evaluation to the transferring national officer.
Summary of 10x10 Intervention • Additional budget for undertaking the property audits • Lobby additional funding for the short fall • Waiver/write off all interests due until the challenges experienced both the Municipalities and DPW have been resolved. • Extent the period for objection to valuations for state properties to 90 months instead of the prescribed 30 days. • Retrospective billing to be limited to 3 years