Page 646 - Demo

Estimates of the Provincial Revenue and Expenditure (EPRE) - 2025/26 Financial Year Tables 4 and 5 above show the summary of payments and budget estimates per programme and economic classification from 2021/22 to 2027/28, respectively. Expenditure increases from R1.417 billion in 2021/22 to a revised estimate of R1.728 billion in 2024/25. The budget increases by 5.1 per cent to R1.815 billion in 2025/26 mainly due to funds allocated for the BFI water effluent project, and further for Economic Development Fund, Automative aftermarket support for SMMEs and Nacaam show host 2025 (AIDC), and SMMEs support recapitalisation through ECDC. The Department further allocated funds for maintenance of tourist accommodation facilities, campsites, offices, staff accommodation through ECPTA. Compensation of Employees increases from R260.572 million in 2021/22 to a revised estimate of R317.379 million in 2024/25 due to ICS inflationary adjustment and the filling of vacant posts. In 2025/26, there is an increase of 5.3 per cent to R334.097 million mainly for the salary increases. Goods and Services increases from R86.356 million in 2021/22 to a revised estimate of R135.429 million in 2024/25 mainly due to reclassification of informal sector scheme allocations from Transfers and Subsidies to this item. In 2025/26, the budget decreases by 11.3 per cent to R120.145 million due to internal reprioritisation and fiscal consolidation. Transfers and Subsidies are the main cost driver of expenditure and it increases from R1.056 billion in 2021/22 to a revised estimate of R1.257 billion in 2024/25 mainly due to the additional funding allocated for BFI to implement the water effluent project through CSEZ. In 2025/26, the budget increases by 7.6 per cent to R1.343 billion. This is due to funds allocated for the Economic Development Fund, SMME Support (Recapitalisation), Film Fund Productions, local government economic development, trade and investment promotion, Automotive Aftermarket Support for SMME%u2019s and National Association of Automotive Component and Allied Manufacturers (Nacaam) Show 2025 Hosting at ECDC as well as Access Road upgrade, Maintenance of tourist accommodation, facilities camp sites and Game fencing upgrades at reserves at ECPTA. Payments for Capital Assets increased from R14.121 million in 2021/22 to revised estimates of R17.851 million in 2024/25 mainly due allocation of office furniture for the relocation to the new offices in Bhisho. In 2025/26, the budget increases by 2.7 per cent to R18.332 million due to office furniture need analysis and procurement of the vehicle. 625