Tshwane mayor confident metro will achieve an unqualified audit opinion
The municipality received a qualified audit opinion for the last financial year – while it’s still recovering from R10 billion in irregular expenditure uncovered by the Auditor General for the 2021/22 period.
City of Tshwane mayor Cilliers Brink. Picture: Thabiso Goba/Eyewitness News
JOHANNESBURG - Tshwane Mayor Cilliers Brink says he’s confident the metro will achieve an unqualified audit opinion after being slapped with two negative outcomes consecutively.
The municipality received a qualified audit opinion for the last financial year – while it’s still recovering from R10 billion in irregular expenditure uncovered by the Auditor-General for the 2021/22 period.
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Speaking during his State of the City Address on Thursday, Brink assured Tshwane residents that the time of financial mismanagement has come to an end.
"For the 2022/23 financial year, our audit outcome has improved from adverse to qualified. Two of the three adverse findings by the Auditor-General have been cleared, namely cash flow and creditors. This year, we will clear the last one related to property, plant and equipment, and I am confident that we will achieve an unqualified audit."