Page 110 - Provincial Treasury Estimates.pdf

Department: Office of the Premier

6. Receipts and financing

6.1 Summary of receipts

Table 2: Summary of departmental receipts
Main Adjusted
Outcome Revised estimate Medium-term estimates % change from
appropriation appropriation
R thousand 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 2022/23
Equitable share 864 883 989 468 945 894 1 101 275 1 109 412 1 135 706 1 208 377 1 069 189 1 126 066 6.4
Conditional grants – – – – – – – – –
Departmental receipts 864 883 989 468 945 894 1 101 275 1 109 412 1 135 706 1 208 377 1 069 189 1 126 066 6.4
of which
Total receipts 214 234 486 420 420 2 703 438 458 480 (83.8)

Table 2 above shows the summary of departmental receipts. The main source of funding for the

department is the equitable share whilst provincial receipts take a minimal share. Departmental receipts
grew from R864.883 million in 2019/20 to revised estimate of R1.135 billion in 2022/23 due to allocations

made for intervention projects which included Small Town Revitalisation programme and Broadband. In
2023/24, the budget increased by 6.4 per cent to R1.208 billion due to additional funding received as a
result of new data updates in the Provincial Equitable Share formula; funding received for the wage

agreement as well as Isiqalo youth fund to provide financial and non-financial support to youth owned
enterprises.

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