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​Section 71 of the Municipal Finance Management Act (MFMA) requires that:

The accounting officer of a municipality must by no later than 10 working days after the end of each month submit to the mayor of the municipality, and the relevant provincial treasury, a statement in the prescribed format on the state of the municipality's budget reflecting certain particulars for that month and for the financial year up to the end of that month.

 In-Year Monthly Financial Reports

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