Local Government revenue and expenditure: Second Quarter Local Government Section 71 Report for the period: 1 October 2021 – 31 December 2021 National Treasury has released the local government revenue and expenditure report for the second quarter of the 2021/22 financial year. This report covers the performance against the adopted budgets of local government for the second quarter of the municipal financial year ending on 31 December 2021 and includes spending against conditional grant allocations for the same period.