We will be the ultimate financial management authority and adviser on fiscal matters to the Bokone Bophirima Provincial and Local Administration in pursuit of transparency, good financial management and accountability to all our stakeholders
To provide leadership in the management of public resources for efficient, effective and economic service delivery through a well-coordinated support to Provincial Departments, Public Entities and Municipalities.
The core functions of the department include the following:
Preparation of Annual MTEF and adjustment budgets;
Province-wide cash management;
Provide oversight and support on provincial departments and public entities Risk management;
Providing a management structure for implementation of Infrastructure Delivery Improvement
Plans by provincial departments;
Monitoring of infrastructure spending for provincial departments;
Provincial financial management through:
Financial Management capacity building;
Budget monitoring and reporting;
Management of liabilities;
Financial systems support and maintenance;
Provision of advice on procurement policies and procedures in provincial departments;
Provide oversight on implementation of the MFMA in the province.
The Estimates of Provincial Revenue and Expenditure (EPRE) is a book published along with the tabling of the budget for the new financial year.
A department's programmes are the activities that it spends money on during the financial year. Different programmes have different expenditure budgets, depending on their requirements and available finances. More detail on the programmes is available in the department's Estimates of Provincial Expenditure documents.
Each chart shows the budgeted spending by each sub-programme of that programme.
Each chart shows the budgeted spending by economic classification under that Programme.
Each chart shows the budgeted spending of each Programme under that Economic Classification.
The Adjusted Estimates of Provincial Revenue and Expenditure (AEPRE) is a book published along with the tabling of the adjusted budget.
Budgeted and actual expenditure/allocations for a department can increase or decrease from year to year. Changes in expenditure for a department can be because of changes in the activities of the department, because of changes in priorities between departments, because of cost efficiencies or because of increases in the price of goods and services due to inflation.
The chart shows the department’s actual expenditure for past years, and budgeted expenditure for the current year and the upcoming three years of the medium-term expenditure framework (MTEF). By adjusting these numbers to take inflation into account, it is possible to determine if a department’s expenditure is really increasing or decreasing in real terms, as compared to the rest of the economy.
Previous financial years indicate actual expenditure while upcoming financial years indicate estimated expenditure:
National Treasury, departments and commitees are busy with different things depending on the time of year:
Interested in finding out how the South African budget process works? Learn about the budget process, how it relates to our constitution and the role that it plays in a modern d...
The South African Constitution has several provisions that support people’s participation in areas of democratic governance. One such area of participation is in the allocation ...