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North West Department of Finance 2012/13 Spending Presentation to the Select Committee on Finance

North West Department of Finance 2012/13 Spending Presentation to the Select Committee on Finance 29 May 2013. Slide 1. Overview. Preliminary Departmental Spending per Programme Actual Spending per Economic Classification Compensation of Employees Spending Trends Concluding remarks.

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North West Department of Finance 2012/13 Spending Presentation to the Select Committee on Finance

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  1. North West Department of Finance 2012/13 Spending Presentation to the Select Committee on Finance 29 May 2013 Slide 1

  2. Overview • Preliminary Departmental Spending per Programme • Actual Spending per Economic Classification • Compensation of Employees Spending Trends • Concluding remarks

  3. Preliminary Departmental Spending per Programme Preliminary departmental spending is 92 percent or R358.4 million of the approved Adjusted Budget of R388.5 million as at 31 March 2013 with underspending of R30.1 million. Slide 3

  4. Preliminary Departmental Spending per Economic Classification The 8% underspending translates to R30 million of the total budget as a result of : Compensation of employees R10.3 million, Goods and services R17.7 million and Capital assets R2 million. Slide 4

  5. Compensation of Employees (CoE) spending as at 31 March 2013 The Departmental average spending on Compensation of Employees (CoE) is 94 percent or R154.1 million of the allocated budget of R164.5 million. Slide 5

  6. Reasons for under spending • Delays in appointments of staff as per the new approved structure. • The under spending of R17.7 million under Goods & Services is associated with appointments of employees. • The provincial training for non-core financial managers started late in the financial year and the funds could not be fully expanded. Slide 6

  7. Concluding Remarks • Adherence to the implementation of the procurement plan; • Monitoring of monthly budgets v/s expenditure (IYM); • Filling of vacant post is being prioritised Slide 7

  8. Thank you Questions and Comments Suggestions/Improvements Slide 8

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