Page 55 - Provincial Treasury Estimates.pdf

Estimates of Provincial Revenue and Expenditure (EPRE) -2023/24 Financial Year
PROVINCIAL BUDGET PROCESS

BUDGET AGGREGATES
Main Adjusted % change
Outcome Revised estimate Medium-term estimates
appropriation appropriation from
R thousand 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 2022/23
Provincial receipts
Transfers from national 81 557 388 81 038 669 84 153 943 86 081 366 88 085 036 88 084 189 87 928 310 90 193 073 94 489 396 (0.2)
Equitable share 68 824 353 69 195 253 70 949 697 72 230 960 73 592 515 73 592 515 73 291 569 76 021 540 79 620 090 (0.4)
Conditional grants 12 733 035 11 843 416 13 204 246 13 850 406 14 492 521 14 491 674 14 636 741 14 171 533 14 869 306 1.0
Total transfers from National 81 557 388 81 038 669 84 153 943 86 081 366 88 085 036 88 084 189 87 928 310 90 193 073 94 489 396 (0.2)
Provincial payments
Current payments 69 992 951 70 431 796 72 604 023 73 366 479 75 842 978 75 864 911 76 795 845 78 092 025 81 565 712 1.2
Transfers and subsidies 9 497 276 9 704 185 9 287 583 8 944 619 9 390 323 9 440 362 10 531 466 10 089 480 10 790 494 11.6
Payments for capital assets 4 105 509 3 411 456 3 631 777 4 117 073 4 340 498 4 337 342 4 292 913 4 227 019 4 295 267 (1.0)
Payments for financial assets 2 268 1 050 1 760 - - 0 - - -
Total provincial payments 83 598 004 83 548 486 85 525 143 86 428 171 89 573 799 89 642 615 91 620 224 92 408 524 96 651 473 2.2
Surplus/(deficit) before financing (2 040 616) (2 509 817) (1 371 200) (346 805) (1 488 763) (1 558 426) (3 691 914) (2 215 451) (2 162 077) 136.9
Provincial own receipts 2 283 688 1 576 240 1 404 681 1 591 925 1 591 925 1 737 835 1 689 728 1 745 933 1 804 861 (2.8)
Surplus/ Deficit 243 072 (933 577) 33 481 1 245 120 103 162 179 409 (2 002 186) (469 518) (357 216) (1216.0)
Provincial Roll Overs 49 350 51 531 238 242 - 33 149 33 149 (100.0)
National Roll-Overs 105 622 526 439 428 099 - 521 661 521 661
Other - Funding from Reserves 3 096 839 2 317 118 2 282 763 1 742 396 2 339 570 2 339 570 2 731 600 1 193 796 1 007 215 (10.2)
Surplus/(deficit) after financing 3 494 883 1 961 511 2 982 585 2 987 516 2 997 542 3 073 789 729 414 724 278 649 999 (76.3)
Table above shows that in 2023/24, the transfers from national amounts to R87.928 billion while the

provincial payments amount to R91.620 billion resulting in a deficit of R3.691 billion. After taking the

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