6.16 The Administrator further reported that the 2008/2009 financial year budget has not yet been closed due to a number of anomalies discovered, including the fact that bank reconciliations have not been properly completed since 2006, clearing of audit queries and stock adjustment queries. This issue was receiving priority attention. The Administrator will shortly be engaging a debt collection agency to collect and reduce the current outstanding debt of R69 million. The costs of this are self funding since the agencies fees are funded from a percentage of the debt that they will recover. Lastly, the Administrator has signed a letter of engagement with the Auditor- General to address audit queries of the Municipality.