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An assessment of capital budget planning and municipal borrowing as funding source in Overstrand Municipality in the Western Cape

The major challenges confronting municipalities in South Africa are poor governance, lack of effective performance, backlogs in service delivery, over- and in most cases under-spending on capital infrastructure, and poor audit outcomes. It is therefore very important for municipalities to deliver on...

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Main Author: Alexander, Donovan Patrick
Other Authors: Biekpe, Nicholas
Format: Thesis
Language:English
Published: GSB: Faculty 2016
Subjects:
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access_status_str Open Access
author Alexander, Donovan Patrick
author2 Biekpe, Nicholas
author_browse Alexander, Donovan Patrick
Biekpe, Nicholas
author_facet Biekpe, Nicholas
Alexander, Donovan Patrick
author_sort Alexander, Donovan Patrick
collection Thesis
description The major challenges confronting municipalities in South Africa are poor governance, lack of effective performance, backlogs in service delivery, over- and in most cases under-spending on capital infrastructure, and poor audit outcomes. It is therefore very important for municipalities to deliver on the constitutional mandate as enshrined in the South African Constitution in terms of Section 153. Municipalities need to structure and manage the organisation's budgeting, administration and planning processes effectively in terms of their strategic five-year Integrated Development Plan (IDP). The research problem of this study encompasses the assessment of the capital budget planning processes and expenditure patterns in relation to capital infrastructure to determine whether the planning processes followed are in alignment with the IDP and the relevant legislation. The core objective of the research was to investigate the extent to which the Overstrand Municipality funded their capital budget with external borrowing in terms of the budget planning process in relation to capital infrastructure spending over a three year period in compliance with the relevant legislation.
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institution University of Cape Town (South Africa)
language eng
last_indexed 2026-06-10T12:31:54.917Z
license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2016
publishDateRange 2016
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publisher GSB: Faculty
publisherStr GSB: Faculty
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spelling oai:open.uct.ac.za:11427/20027 An assessment of capital budget planning and municipal borrowing as funding source in Overstrand Municipality in the Western Cape Alexander, Donovan Patrick Biekpe, Nicholas Alagidede, Paul Development Finance The major challenges confronting municipalities in South Africa are poor governance, lack of effective performance, backlogs in service delivery, over- and in most cases under-spending on capital infrastructure, and poor audit outcomes. It is therefore very important for municipalities to deliver on the constitutional mandate as enshrined in the South African Constitution in terms of Section 153. Municipalities need to structure and manage the organisation's budgeting, administration and planning processes effectively in terms of their strategic five-year Integrated Development Plan (IDP). The research problem of this study encompasses the assessment of the capital budget planning processes and expenditure patterns in relation to capital infrastructure to determine whether the planning processes followed are in alignment with the IDP and the relevant legislation. The core objective of the research was to investigate the extent to which the Overstrand Municipality funded their capital budget with external borrowing in terms of the budget planning process in relation to capital infrastructure spending over a three year period in compliance with the relevant legislation. 2016-06-17T06:28:00Z 2016-06-17T06:28:00Z 2015 Master Thesis Masters MCom http://hdl.handle.net/11427/20027 eng application/pdf GSB: Faculty Faculty of Commerce University of Cape Town
spellingShingle Development Finance
Alexander, Donovan Patrick
An assessment of capital budget planning and municipal borrowing as funding source in Overstrand Municipality in the Western Cape
thesis_degree_str Master's
title An assessment of capital budget planning and municipal borrowing as funding source in Overstrand Municipality in the Western Cape
title_full An assessment of capital budget planning and municipal borrowing as funding source in Overstrand Municipality in the Western Cape
title_fullStr An assessment of capital budget planning and municipal borrowing as funding source in Overstrand Municipality in the Western Cape
title_full_unstemmed An assessment of capital budget planning and municipal borrowing as funding source in Overstrand Municipality in the Western Cape
title_short An assessment of capital budget planning and municipal borrowing as funding source in Overstrand Municipality in the Western Cape
title_sort assessment of capital budget planning and municipal borrowing as funding source in overstrand municipality in the western cape
topic Development Finance
url http://hdl.handle.net/11427/20027
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