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Presentation on the Expenditure of Department of Public Works to Joint Budget Committee, Parliament by Director- G

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Presentation on the Expenditure of Department of Public Works to Joint Budget Committee, Parliament by Director- G

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    1. 1 Presentation on the Expenditure of Department of Public Works to Joint Budget Committee, Parliament by Director- General, DPW 12 August 2008

    2. 2 Agenda Part 1: Presentation by Public Works Part 2: Questions & Deliberations

    3. 3 Part 1: Presentation by Public Works

    4. 4 Budget allocation 2008/09

    5. 5 1. Spending Review – 1st Quarter 08/09 1.1 Total Spending 1.2 Spending according to Economic Classification of Expenditure 1.2.1 Review of Current Payments 1.2.2 Review of Transfer & Subsidies 1.2.3 Review of Capital Expenditure (CAPEX)

    6. 6 1.1. Review of Total Expenditure The expenditure below is arranged according to the quarters and total expenditure for the first quarter is 17%. This is reflected in the graph below:

    7. 7 1.2. Review of Total Expenditure

    8. 8 1.2 Spending according to Economic Classification of Expenditure 1.2.1 Review Current Payments 1.2.2 Review of Transfer & Subsidies 1.2.3 Review of Capital Expenditure (CAPEX)

    9. 9 1.2.1 Review of Current Payments Current expenditure is a fiscal provision on compensation of employees, goods and services. Expenditure for current payments is 27%. Current payments expenditure for 2007/08 first quarter was 22%. Expenditure trend for 2008/09 is reflected in the graph below:

    10. 10 1.2.1 Review of Current Payments

    11. 11 1.2.2 Review of Transfer & Subsidies Transfers and subsidies include all unrequited payments made by the department. A payment is unrequited if the department does not receive anything directly, financial or otherwise, in return from the recipient party. Total of R 139 million was paid in a form of transfers and subsidies, and the bulk of the spending being made for Augmentation of Property Management Trading Entity. Transfer payment for 2007/08 first quarter was 35%.

    12. 12 1.2.2 Review of Transfer & Subsidies

    13. 13 1.2.3 Review of Capital Expenditure (CAPEX) CAPEX is comprised of five main categories, namely buildings and other fixed assets, machinery and equipment, cultivated assets, software and other intangible assets and sub-soil assets. Expenditure on equipment less than five thousand are not included capital expenditure, but classified as goods and services.

    14. 14 1.2.3 Review of Capital Expenditure (CAPEX) Capital expenditure for the first quarter is R 120 million which is equal to 11% of the total allocation. Total expenditure for Infrastructure in the first quarter is R 111 million and the balance is for Machinery and Equipment. Infrastructure expenditure for 2007/08 for the first quarter was 5%

    15. 15 1.2.3 Review of Capital Expenditure (CAPEX)

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