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Vote 12 Department: Provincial TreasuryTable 1: Summary of departmental allocation To be appropriated by Vote in 2025/26 R519 185 000 Responsible MEC MEC for Finance Administrating Department Provincial Treasury Accounting Officer Head of Provincial Treasury 1 OVERVIEW 1.1 Vision A prosperous province supported by sound financial, governance and resource management. 1.2 Mission To provide strategic and technical leadership in the allocation, management and utilisation of financial resources in order to improve the quality of life in the province. 1.3 Core functions and responsibilities The oversight role of the department requires it to ensure the stability and soundness of the financial system and financial services, coordinate intergovernmental financial and fiscal relations, manage the budget preparation process and enforce transparency and effective management in respect of revenue and expenditure, assets and liabilities, public entities and constitutional institutions. 1.4 Main Services %uf0b7 Preparation of the provincial budget.%uf0b7 Exercising control over the implementation of the provincial budget.%uf0b7 Promoting and enforce transparency and effective management in respect of revenue,expenditure, assets and liabilities of provincial departments and provincial public entities.%uf0b7 Ensuring that its fiscal policies do not materially and unreasonably prejudice national economicpolicies.%uf0b7 Enforcing the PFMA and any prescribed national and provincial norms and standards, includingany prescribed standards of generally recognised accounting practices and uniformclassification systems, in provincial departments.%uf0b7 Ensure compliance with the annual Division of Revenue Act (DoRA) and monitor and assessthe implementation of DoRA in provincial public entities.%uf0b7 Monitor and assess the implementation in provincial public entities of national and provincialnorms and standards.776