4.4 National Treasury National Treasury (NT) reported that the budgets of most municipalities that made a presentation were unrealistic, even though they had been provided with training on how to prepare their budgets. It was reported that the Mafikeng Local Municipality required assistance from NT, but when the secondees arrived at this municipality, no senior officials, including the CFO, were present. Municipalities were also having a challenge in terms of the reporting standards on section 71 reports. Some of them submitted their reports late and others did not submit at all even though they had been trained together with Provincial Treasury.