Menu

#Novus3

George Municipality

George Municipality Budget 2025/26: A Budget of Difference

, , , , , ,

Novus3 is extremely proud of the recognition given to us by Mayor Jackie von Brandis of George Municipality in her recent council address as part of the tabling of the budget (2025/26) speech. The role of Novus3’s CP3 system in supporting George Municipality in developing a defendable budget and capital projects pipeline for the next 10 years was specifically mentioned. She also referred to the prioritisation framework that was established through the use of CP3 and the role it played in fitting these priorities into an affordable envelope of expenditure.

Reciprocally, Novus3 is proud to be associated with a Municipality that is so well-run and responsive to its legislated mandate as well as to the varied needs of its constituents. We are looking forward to the journey with George as a leading example of how things can be done.

#Novus3 #CP3 #GeorgeLocalMunicipality #Planning #LocalGovernance #Budgets #Municipal

1

Novus³ at CIGFARO 2022

, , , , , , , , , , ,

Novus³ is proud to be exhibiting our collaborative planning, prioritisation, budgeting and performance reporting solution (CP3) at CIGFARO 2022. Come and visit us at stand 42 in the exhibition centre!

#Novus³ #AdvisoryServices #CP³ #Budgets #SoftwareSolutions #PeopleOrientated #LetsMakeADifference #CEF #Capex #ValueAdd #CP³Modules #CP³Functions

Facebook Post Template V1.2_20220113_CR

CP3 is MSCOA 6.6 Compliant!

, , , , , , 0

Novus3 is proud to announce that CP3 is MSCOA 6.6 compliant and has simplified and integrated complex MSCOA budgeting requirements into the CP3 capturing module. This means that all our clients are MSCOA 6.6 compliant in terms of their capital expenditure budgeting process.

What is MSCOA?

MSCOA (Municipal Standard Chart of Accounts) is part of the National Treasury’s ongoing budget and reporting reforms aimed at improving financial reporting, and is a mandatory requirement of National Treasury. Essentially, MSCOA enables a municipality to capture standardised project level detail pertaining to the location of a project, the funding source of a project, the asset type, and the nature of the project.

With this information CP3 is able to amongst other things, prioritise projects in terms of the above-mentioned details.Novus3 is proud to announce that CP3 is MSCOA 6.6 compliant and has simplified and integrated complex MSCOA budgeting requirements into the CP3 capturing module.