Municipal finances

The management of municipal finances is under the jurisdiction of the Municipal Finance Directorate, which is comprised of:

• Fiscal and Parafiscal Services
• Expenditure Services
• Accounting Services
• Budgeting Services

Each service is managed and run by a department head appointed by order of the President of the County and City Council and Mayor of the City, upon the proposal of the Secretary-General after consultation with the Director of Municipal Finance.

Fiscal and Parafiscal Service is charged with:

• Assess, liquidate and manage taxes, duties, taxes and levies.
• Research taxable activities
• Identify Potential Taxpayers
• Conduct Tax investigations
• Centralize all district level financial activities
• Manage Inactive values
• Prepare deliberations and orders for projects
• Educate citizens on taxes, duties, and levies
• Ensure Control of budget execution.

The expenditure service is charged with:

• Execute the municipal budget
• Centralize all municipality expenditures
• Ensure the liquidation of all municipal expenses
• Manage expenses on equipment.
• Monitor budget consumptions
• Produce Monthly expense reports
• Produce Monthly expense and debt reports

Accounting service is charged with:

• Prepare the municipality budget
• Monitor the receipt and expenditure of the municipal budget
• Analyze the municipal budget
• Prepare periodic accounting reports

Budgeting Services are responsible for:

• Paying the expenses for the operation of district councils within the limit of the amount of subsidy allocated to each.
• Produce Periodic statements of expenditures