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Municipal revenue managementZondo, Cordelia Promise Thandekile 11 1900 (has links)
Public Administration and Management / M. Admin. (Public Administration)
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A model for the determination of the creditworthiness of municipalities in South AfricaScott, Daniel 06 1900 (has links)
Because the nature of municipalities differs from that of commercial institutions, norms
and standards for the determination of creditworthiness are also different. Although
various documented models and studies addressing credit rating related issues in the
commercial sector are available, no objective model for determining the
creditworthiness of municipalities has been published in South Africa.
This model has been developed specifically for the determination of the
creditworthiness of municipalities and is based on objective standards. All the
indicators applied in the model are calculated objectively. The net product of the model
is therefore a numerical figure indicating creditworthiness at a specific time. The
model shows the numerical composition of the figure, and specific indicators or norms
of interest can be studied in greater detail.
The model has the following unique features:
• It calculates a numerical value, representing the creditworthiness of a
municipality.
• The determination of the creditworthiness figure is objective.
• Trends are calculated and form part of the calculation of the creditworthiness
figure.
• The model is parameter-driven - by merely changing the values in the
parameter file, all the calculations are changed accordingly.
• The creditworthiness figure from the model does not claim to be an absolutely
accurate representation of the creditworthiness of a municipality, but claims to
be accurate enough (80/20 principle) to form a basis for reliable and effective
management decisions.
This model is the first in South Africa. to offer a means of determining the
creditworthiness of municipalities objectively. It is a simple model which is based on the elements representing creditworthiness. / Accounting / D. Comm. (Accounting)
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A model for the determination of the creditworthiness of municipalities in South AfricaScott, Daniel 06 1900 (has links)
Because the nature of municipalities differs from that of commercial institutions, norms
and standards for the determination of creditworthiness are also different. Although
various documented models and studies addressing credit rating related issues in the
commercial sector are available, no objective model for determining the
creditworthiness of municipalities has been published in South Africa.
This model has been developed specifically for the determination of the
creditworthiness of municipalities and is based on objective standards. All the
indicators applied in the model are calculated objectively. The net product of the model
is therefore a numerical figure indicating creditworthiness at a specific time. The
model shows the numerical composition of the figure, and specific indicators or norms
of interest can be studied in greater detail.
The model has the following unique features:
• It calculates a numerical value, representing the creditworthiness of a
municipality.
• The determination of the creditworthiness figure is objective.
• Trends are calculated and form part of the calculation of the creditworthiness
figure.
• The model is parameter-driven - by merely changing the values in the
parameter file, all the calculations are changed accordingly.
• The creditworthiness figure from the model does not claim to be an absolutely
accurate representation of the creditworthiness of a municipality, but claims to
be accurate enough (80/20 principle) to form a basis for reliable and effective
management decisions.
This model is the first in South Africa. to offer a means of determining the
creditworthiness of municipalities objectively. It is a simple model which is based on the elements representing creditworthiness. / Accounting / D. Comm. (Accounting)
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