Karoo Hoogland Local Municipality policy

Virement

Senior management and budget managers can request the transfer of an approved budget allocation from one operating line item or capital project to another, subject to the stated municipal approvals. The mechanism is intended to help management respond to disasters, unforeseen expenditure and savings while supporting service delivery.

Who it is for

senior management and municipal budget managers

How to act on it

Initiate a transfer of an approved budget allocation and obtain approval from the relevant Manager and Council, with the clarification section also requiring approval by the Accounting officer, IDP Manager, relevant Head of Department and CFO.

The document's recorded date is 1 July 2024. Confirm on the official source.