The financial management of the Karibib Town Council involves managing the Council's financial affairs, increasing revenue through cost recovery measures, leveraging the town's strategic location, preparing the annual budget and financial statements.
The department is divided into Three units, including Creditors, Revenue, Human Resource and Administration. Creditors manage incoming payments, verify and reconcile vendor accounts, and ensure compliance with financial policies and the Procurement Act.
Revenue Management aims to simplify customer transactions with various payment methods. Payments are processed at the end of the month or within seven days for sundry payments. The Debt Relief Programme supports struggling residents through an Indigent policy, offering benefits like reduced costs for basic municipal services, with specific criteria for eligibility.