n IMFO : Official Journal of the Institute of Municipal Finance Officers - Integrating asset management into the strategic management process of a municipality

Volume 6, Issue 4
  • ISSN : 1607-520X



Extracted from text ... 14 IMFO ? Winter 2006 INTRODUCTION In terms of the latest legislation, and specifically the Municipal Finance Management Act (MFMA) 56 of 2003, asset management has become an important facet of financial manage-ment in local government. It is there-fore essential that specific attention be given to this by all officials who are responsible for assets. It would be foolish, however, not to follow a holistic approach to asset management as its monetary value is of such a nature that it ought to be included in the planning, budgeting, monitoring and revision processes of a municipality. THE LOGICAL POINT OF ..

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