BUDGET AND EXPENDITURE MANAGEMENT Table of Contents • MTEF Allocations • Expenditure Trends: 2007/08 and 2008/09, including projections for 2009/10 & 2010/11 • Budget Allocations 2010/11
MTEF BUDGET ALLOCATIONS The annual average growth in the budget of the CGE is 5,4 per cent
MTEF BUDGET ALLOCATIONS MTEF BUDGET ALLOCATIONS MTEF BUDGET ALLOCATIONS MTEF BUDGET ALLOCATIONS MTEFMTEF BUDGET ALLOCATIONS BUDGET ALLOCATIONS
MTEF BUDGET ALLOCATIONS MTEF BUDGET ALLOCATIONS Expenditure Trends MTEF BUDGET ALLOCATIONS MTEFMTEF BUDGET ALLOCATIONS BUDGET ALLOCATIONS
Funding Sources • National Treasury allocations approved at R51,949 million in 2010/11 from R48,634 in 2009/10 – An increase of 7% = Inflation adj. only • Savings and efficiency gains through economic management of resources • Focus on core, thus releasing funds from non-core activities • Donor Funding options to be explored to fund non-prioritized activities (Optional in 2010/11POA )
Composition of the Expenditure Budget – 2010/2011 • Compensation of Employees • Other operating Expenditure ( Cost of Goods & Services) • Program ( Service Delivery) expenditure • Capital Expenditure (CAPEX) OPEX CAPEX
The full budget for 2010-11 • Compensation of Employees (COE) =R35,2 m to cater for a staff compliment of 105, of which R20m is attributable to Core program work of the CGE • Office overheads stands at R10,4 m ( of which major contributors are: Travel & Accommodation, Telecommunication, Professional services, etc) • The fixed portion of POA is set at R4,8m excluding COE on program staff • Capital Expenditure of R1,6m is made available • Total expenditure budget = R51,95m thus R nil surplus/deficit
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