Grocott's Mail
  • NEWS
    • Courts & Crime
    • Features
    • Politics
    • People
    • Health & Well-being
  • SPORT
    • News
    • Results
    • Sports Diary
    • Club Contacts
    • Columns
    • Sport Galleries
    • Sport Videos
  • OPINION
    • Election Connection
    • Makana Voices
    • Deur ‘n Gekleurde Bril
    • Newtown… Old Eyes
    • Incisive View
    • Your Say
  • ARTSLIFE
    • Cue
    • Makana Sharp!
    • Visual Art
    • Literature
    • Food & Fun
    • Festivals
    • Community Arts
    • Going Places
  • OUR TOWN
    • What’s on
    • Spiritual
    • Emergency & Well-being
    • Safety
    • Civic
    • Municipality
    • Weather
    • Properties
      • Grahamstown Properties
    • Your Town, Our Town
  • OUTSIDE
    • Enviro News
    • Gardening
    • Farming
    • Science
    • Conservation
    • Motoring
    • Pets/Animals
  • ECONOMIX
    • Business News
    • Entrepreneurship
    • Personal Finance
  • EDUCATION
    • Education NEWS
    • Education OUR TOWN
    • Education INFO
  • Covid-19
  • EDITORIAL
  • Cue Media
    • Cue online
    • Cue Archives
Facebook Twitter Instagram
Trending
  • You can be bold. You can be you
  • Willows Cricket Club bonus point win over Rhodes
  • Hendrik Kanise learners at risk from crumbling building
  • Illuminating the World with Curiosity and Science
  • Feature Friday series announces winnner of competition
  • The ART of our life
  • Joza to host Annual Aerobics Marathon
  • Makana Tigers finding their feet
Facebook Twitter Instagram
Grocott's Mail
  • NEWS
    • Courts & Crime
    • Features
    • Politics
    • People
    • Health & Well-being
  • SPORT
    • News
    • Results
    • Sports Diary
    • Club Contacts
    • Columns
    • Sport Galleries
    • Sport Videos
  • OPINION
    • Election Connection
    • Makana Voices
    • Deur ‘n Gekleurde Bril
    • Newtown… Old Eyes
    • Incisive View
    • Your Say
  • ARTSLIFE
    • Cue
    • Makana Sharp!
    • Visual Art
    • Literature
    • Food & Fun
    • Festivals
    • Community Arts
    • Going Places
  • OUR TOWN
    • What’s on
    • Spiritual
    • Emergency & Well-being
    • Safety
    • Civic
    • Municipality
    • Weather
    • Properties
      • Grahamstown Properties
    • Your Town, Our Town
  • OUTSIDE
    • Enviro News
    • Gardening
    • Farming
    • Science
    • Conservation
    • Motoring
    • Pets/Animals
  • ECONOMIX
    • Business News
    • Entrepreneurship
    • Personal Finance
  • EDUCATION
    • Education NEWS
    • Education OUR TOWN
    • Education INFO
  • Covid-19
  • EDITORIAL
  • Cue Media
    • Cue online
    • Cue Archives
Grocott's Mail
You are at:Home»Uncategorized»Makana tackles cash flow crisis
Uncategorized

Makana tackles cash flow crisis

Grocott's MailBy Grocott's MailJune 12, 2014No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email

Lack of political will to enforce credit control measures is one of the reasons Makana is heavily in debt, according to a document outlining a plan to turn the situation around.

Lack of political will to enforce credit control measures is one of the reasons Makana is heavily in debt, according to a document outlining a plan to turn the situation around.

As Makana Municipality's arrear debt rockets, its finance department is working on a plan to bring in what it's owed and the draft Revenue Enhancement Strategy is set to be tabled in Council next week.

The municipality's sharp rise in debt is due to a failure to collect all the money owed in rates, according to the draft strategy document. Instead of dropping during the 2011/12 and 2012/13 financial years, the arrear debt increased by 11%.

"The challenge we are facing in Makana municipality is to successfully turn around the current declining position and to build a sustainable municipality for the future. Revenue enhancement is one of the key elements of the turnaround strategies that can and should be used to address the challenge," the document reads.

Identified in the draft strategy as critical in helping the municipality become sustainable were its communication strategy; the provision of metered services; accurate billing and revenue collection.

"To effectively deal with the current challenges, Makana Municipality must plan and implement an effective and integrated revenue enhancement strategy," the document reads.

"To improve on the current business model, it is important to identify all the critical elements that currently affect the municipal revenue performance."

The document said the reasons for Makana's inability to collect its debt are numerous.

Those listed include "lack of political will to enforce credit control measures"; lack of accurate data on which credit control measures can be taken, and lack of skills and capacity to manage collection of outstanding debt".

The average collection rate of Makana Municipality for the current financial year ending June 30 is 75%.

The municipality is working towards collecting 95% of the money owed to them in the new financial year.

The Revenue Enhancement Strategy document will be tabled in Council on 20 June.

Previous ArticleVIDEO: The silence that haunts Rhodes University
Next Article Fest offers family fun
Grocott's Mail

    Comments are closed.

    Tweets by Grocotts
    Newsletter



    Listen

    The Rhodes University Community Engagement Division has launched Engagement in Action, a new podcast which aims to bring to life some of the many ways in which the University interacts with communities around it. Check it out below.

    Humans of Makhanda

    Humans of Makhanda

    Weather    |     About     |     Advertise     |     Subscribe     |     Contact     |     Support Grocott’s Mail

    © 2023 Maintained by School of Journalism & Media Studies.

    Type above and press Enter to search. Press Esc to cancel.