Question 2 Tracking budget and expenditure variance represents an important aspect in monitoring and tracking progress in delivery ITEM THEME BUDGET Planned Monthly spent Actual Monthly spent Monthly Variance Monthly Variance Economic Growth Job Creation R23 320 611 R2 225 000 R1 308 863 R 916 137 41 1 Interpret the data that is given in the table above, explaining what it means to a layman ( 15 mark) Using the information from your analysis above, can you devise a plan or strategy for an efficient and effective use of resources Explain your reasoning ( 10 marks) Most municipalities have challenges with credit and collection households, businesses and government In your opinion, what are the major issues with the credit or collection policy in municipalities when it pertains to these three constituencies Explain your reasoning (15 marks)

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Question: Question 2 Tracking budget and expenditure variance represents an important aspect in monitoring and tracking progress in delivery. ITEM / THEME BUDGET Planned Monthly spent

Question 2

Tracking budget and expenditure variance represents an important aspect in monitoring and tracking progress in delivery.

ITEM / THEME

BUDGET

Planned Monthly spent

Actual Monthly spent

Monthly Variance

Monthly Variance %

Economic Growth &

Job Creation

R23 320 611

R2 225 000

R1 308 863

R -916 137

-41.1%

Interpret the data that is given in the table above, explaining what it means to a layman. (15 mark)
Using the information from your analysis above, can you devise a plan or strategy for an efficient and effective use of resources? Explain your reasoning.(10 marks)
Most municipalities have challenges with credit and collection households, businesses and government. In your opinion, what are the major issues with the credit or collection policy in municipalities when it pertains to these three constituencies? Explain your reasoning.(15 marks)

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