1 / 13

Select Committee on Finance National Council of Provinces Presented by:

Pre-audited Outcome of Provincial Budgets and Expenditure as at 31 March 2008 (2007/08 Financial Year) [Public Works, Roads and Transport]. Select Committee on Finance National Council of Provinces Presented by: Intergovernmental Relations National Treasury 13 August 2008.

tyson
Download Presentation

Select Committee on Finance National Council of Provinces Presented by:

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Pre-audited Outcome of Provincial Budgets and Expenditureas at 31 March 2008(2007/08 Financial Year)[Public Works, Roads and Transport] Select Committee on Finance National Council of Provinces Presented by: Intergovernmental Relations National Treasury 13 August 2008

  2. National Treasury’s Role • National Treasury (NT) develops culture of publishing information • Assessing credibility of provincial budgets • Ensure that each provincial treasury prepares quarterly reports for its Cabinet or Exco • NT prepares a consolidated quarterly report for all provinces

  3. Public Works, Roads and Transport • Spending at R24.7bn or 98.3% against R25.1bn adjusted budget • Pre-audited underspending of R418.9m in 8 provinces • Increase of R3bn or 13.8% compared to the previous year • Low rate of spending in FS (89.8%) • FS – due to overexpenditure in 2006/07 • EC (100%) and KZN (100%) reflects the highest rate of spending in PWRT • PWRT Personnel spending at R4.5bn or 98.1% (R4.6bn adjusted budget) • Pre-audited underspending of R131.2m in 6 provinces • Pre-audited overspending of R45.1m in 3 provinces • Programme 2: Roads Infrastructure • Spending at R15.5bn or 97.6% of R15.9bn adjusted budget • Lowest rate of spending in FS (81.2%) and GT (96.7%) • Highest in NW (102.1%)

  4. Public Works, Roads & Transport

  5. Public Works, Roads & Transport: Personnel

  6. Programme 2: Roads Infrastructure

  7. Public Works, Roads & Transport: Capital • The biggest capital budgets in provinces are in public works, roads and transport departments at 38% or R7.3bn of total adjusted capital budget of R19.1bn • Spending is at 99% or R7.2bn • Underspending of R219.5m in 4 provinces • FS at R112.3m, WC - R82.9m • Spending is 25.2% or R1.4bn more than the R5.7bn spent last year over the same period • The lowest rate of spending is recorded in FS (84.7%) and LP (85.8%) • EC and GP recorded the highest rates of spending at 104.1% and 111.8% respectively

  8. Public Works, Roads & Transport: Capital

  9. Monthly Expenditure: Payments for Capital Assets

  10. Transport GrantsGautrain Rapid Rail Link Grant • Objective (Schedule 5 Grant): • National government contribution to the Gauteng Provincial Government for the construction of the Gautrain Rapid Rail network • 4th Quarter year to date expenditure: • Government has contributed R4.5m towards Gautrain. R1.5bn is funded through the PES and R3.0bn is allocated towards the conditional grant allocation. • National Transport has transferred amounts of R3.0bn or 100.0% of national allocation • GP recorded expenditure of 133.8% or R4.1bn • The reported higher exp for Gautrain is inclusive of provincial portion • Implies that national funding has been fully spent • Service Delivery Outcome: • Department / Sector to respond

  11. Important dates and submissions

  12. Publication Dates for Provincial S32 Reports(financial and non-financial data) • 2008/09 Financial Year: • 2nd Quarter (as at 30 September 2008) 30 October 2008 • 3rd Quarter (as at 31 December 2008) 30 January 2009 • 4th Quarter (as at 31 March 2009) 30 April 2009

  13. THANK YOUTHANK YOU THANK YOU

More Related