POLICY BRIEF - DETECTING FISCAL DISTRESS WITHIN LOCAL - TopicsExpress

POLICY BRIEF - DETECTING FISCAL DISTRESS WITHIN LOCAL GOVERNMENT Many municipalities are exhibiting signs of fiscal distress, which not only affects the local communities, but also drains the fiscus by requiring other spheres of government to intervene. Fiscal distress refers to the sustained inability of a municipality to fund the delivery of basic services and other requirements as per their constitutional mandate. Fiscal distress develops gradually, and so an early warning system could play a critical role in preventing the occurrence or mitigating the impact of fiscal distress. Read the full document ffc.co.za/index.php/component/docman/doc_download/537-2013-policy-brief-4-detecting-fiscal-stress-within-local-government?Itemid=

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