Page 142 - Provincial Treasury Estimates.pdf

Department: 3URYLQFLDO /HJLVODWXUH

6. Receipts and financing

6.1 Summary of receipts

Table 2: Summary of departmental receipts
Main Adjusted
Outcome Revised estimate Medium-term estimates % change
appropriation appropriation
R thousand 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 from 2022/23
Treasury funding
Equitable share 584 253 570 256 563 025 570 619 621 392 639 199 607 400 633 942 639 631 (5.0)
Conditional grants – – – – – – – – –
Total receipts: Treasury funding 584 253 570 256 563 025 570 619 621 392 639 199 607 400 633 942 639 631 (5.0)
Departmental receipts
Tax receipts – – – – – – – – –
Casino taxes – – – – – – – – –
Horse racing taxes – – – – – – – – –
Liquor licences – – – – – – – – –
Motor vehicle licences – – – – – – – – –
Sales of goods and services other than capital assets 126 233 32 202 202 241 211 221 231 (12.6)
Transfers received – – – – – – – – –
Fines, penalties and forfeits – – – – – – – – –
Interest, dividends and rent on land 235 371 19 104 104 355 109 114 119 (69.3)
Sales of capital assets 335 82 680 221 221 116 231 241 252 99.1
Transactions in financial assets and liabilities – – 2 – – 71 – – – (100.0)
Total departmental receipts 696 686 733 527 527 784 551 576 602 (29.7)
Total receipts 584 949 570 942 563 758 571 146 621 919 639 982 607 951 634 518 640 233 (5.0)

Table 2 above provides the summary of the department’s funding from 2019/20 to 2025/26 financial years.
Equitable share increased from R584.949 million in 2019/20 to a revised estimate of R639.982 million in

2022/23. The increase was mainly driven by funding for improvement of conditions of living and rollover
funds for Enterprise Resource Planning (ERP) system from the previous financial year. In the 2023/24, the
budget decreases by 5.0 per cent to R607.951 million due to impact of new data updates in the Provincial

Equitable Share (PES) formula.

6.2 Summary of receipts
Table 3: Departmental receipts collection

Main Adjusted
Outcome Revised estimate Medium-term estimates % change
appropriation appropriation
from 2022/23
R thousand 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26
Tax receipts – – – – – – – – –
Casino taxes – – – – – – – – –
Horse racing taxes – – – – – – – – –
Liquor licences – – – – – – – – –
Motor vehicle licences – – – – – – – – –
Sales of goods and services other than capital assets 126 233 32 202 202 241 211 221 231 (12.6)
Transfers received – – – – – – – – –
Fines, penalties and forfeits – – – – – – – – –
Interest, dividends and rent on land 235 371 19 104 104 355 109 114 119 (69.3)
Sales of capital assets 335 82 680 221 221 116 231 241 252 99.1
Transactions in financial assets and liabilities – – 2 – – 71 – – – (100.0)
Total departmental receipts 696 686 733 527 527 784 551 576 602 (29.7)

Table 3 above provides the summary of the institution’s own revenue from 2019/20 to 2025/26 financial
years. Institutional own revenue increased from R696 thousand in 2019/20 to a revised estimate of
R784 thousand in 2022/23 due interest earned on positive cash balances from bank account. In 2023/24,

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