The objectives of the finance directorate are as follows:

• To revise and complete the entire Municipality’s asset register to be GRAP Compliant (Generally Recognised Accounting Practice) over a period of one year.
• Ndlambe is able to raise sufficient revenue  (internal and external sources) and manage the assets to meet their responsibilities in terms of service delivery incorporating both capital and operational costs.
• An updated (contemporary) financial system of Ndlambe is optimally used by competent staff.
• To maintain Finance assets.
• To improve communication of the budget process.
• Households living below the poverty line (R 800 per month), as well as vulnerable groups, have improved access to all required basic services, health facilities and social/ work creating programs.
• Develop the Supply Chain Management System to be in line with the SCM policy and meet the requirements of good practice.
• To ensure financial resources are utilised in an economical, efficient and effective manner.
• Develop the capacity of the Budget and Treasury Office (BTO) to meet the requirements of credible financial management.
• To ensure that all revenue is collected on a monthly basis to cover the operating expenditure of the municipality on a daily basis.
• To ensure all indigents have access to free basic services.
• To ensure an effective customer care service to all residents.

To meet our objectives the following indicators were set that we needed to achieve:

• Percentage of progress made towards maintenance and rehabilitation of Asset register including all Finance Leases, Operating Leases, Infrastructure Assets and municipal and Investment properties.
• New asset acquisitions are recorded/captured on a monthly basis.
• The existence of all assets is verified half yearly.
• All assets acquired are bar coded and insured on a monthly basis.
• Percentage increase in the possible local revenue base.
• 100% spending of FMG and MSIG funds.
• Increase in % of equitable share based on more accurate statistics in terms of the DORA.
• Percentage decrease in non payment.
• Percentage of elements of financial system utilized.
• Increased in number of staff trained to effectively use the financial system.
• Increase in number of useful reports generated for planning and monitoring purposes.
• Increase in the investments of maintenance / upgrade of financial system.
• Number of reports that meet the legal requirements at the right time.
• Percentage of improved cash flow by reducing expenditure to match actual cash on hand.
• Number of Finance assets assessed and ensuring that they are utilized economically.
• Relevant advertisements and loud hailing are done within the legislated time frames.
• Increase in number of households benefiting from poverty alleviation programs.
• Fully operational computerised SCM system in line with SCM Policy and MFMA implemented.
• Income and expenditure reports are provided on a monthly basis to offices and directorates for them to do budget control.
• Infrastructure investment plan is developed  for development priorities in the IDP.
• BTO is established in line with treasury guidelines (structure).
• Relevant officials are trained to ensure that they are able to contribute to the financial management system (treasury departments and departmental managers).
• A process plan in place to ensure all new buildings, additions to buildings, re-zoning of properties, sub-divisions and consolidations are forwarded to the finance directorate on a monthly basis for billing and valuation purposes.
• All residents who do not have the financial means to pay for basic services in terms of the indigent policy are registered.
• A complaint register to reduce number of complaints from residents resulting from system errors is developed.
• Increase in response time and resolution of complaints to be within 7 days of receipt.