Page 517 - Provincial Treasury Estimates.pdf

Estimates of the Provincial Revenue and Expenditure (EPRE) – 2023/24 Financial Year
x Mid-term impact assessment;
x Refurbishment of industrial parks;
x Tourism marketing;
x Cleaning services;
x Security services;
x Printing solution; and
x LAN switching.

6.. Receipts and financing

6.1 Summary of receipts
Table 2: Summary of departmental receipts
Main Adjusted
Outcome Revised estimate Medium-term estimates % change
appropriation appropriation
R thousand 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26 from 2022/23
Equitable share 1 338 441 1 329 974 1 415 152 1 327 559 1 398 062 1 398 909 1 997 109 1 896 720 2 075 707 42.8
Conditional grants 2 670 2 494 2 605 2 823 2 823 1 976 3 691 – – 86.8
Expanded Public Works Programme 2 670 2 494 2 605 2 823 2 823 1 976 3 691 – –
Departmental receipts 1 341 111 1 332 468 1 417 757 1 330 382 1 400 885 1 400 885 2 000 800 1 896 720 2 075 707 42.8
of which
Total receipts 221 786 116 323 185 387 237 733 237 733 215 293 252 271 252 448 264 060 17.2

Table 2 above reflects the summary of departmental receipts, which consist of equitable share, conditional
grants and own revenue from 2019/20 to 2025/26. The receipts increased from R1.341 billion in 2019/20
to a revised estimate of R1.4 billion in 2022/23. In 2023/24, the receipts increases by 42.8 per cent to
R2 billion. This is due mainly for funds allocated for Budget Facility for Infrastructure to implement the
water effluent project through CDC and further allocations for sustainable economic growth and
development at ECDC including the Economic Development (ED) Fund, recapitalisation and property
modernisation as well as refurbishment of Data Centre in the ELIDZ and further implementation of the
Eastern Cape Liquor Act.

6.2 Departmental receipts collection
Table 3: Summary of departmental receipts and collection
Main Adjusted
Outcome Revised estimate Medium-term estimates % change from
appropriation appropriation
2022/23
R thousand 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25 2025/26
Tax receipts 217 567 112 979 182 198 236 958 236 958 211 280 250 162 250 339 261 559 18.4
Casino taxes 187 125 83 616 150 155 208 977 208 977 183 299 219 319 218 346 228 133 19.7
Horse racing taxes 11 402 13 112 9 101 9 381 9 381 9 381 10 343 10 493 10 963 10.3
Liquor licences 19 040 16 251 22 942 18 600 18 600 18 600 20 500 21 500 22 463 10.2
Motor vehicle licences – – – – – – – – –
Sales of goods and services other than capital assets 1 318 976 1 547 227 227 931 1 200 1 200 1 552 28.9
Transfers received – – – – – – – – –
Fines, penalties and forfeits 1 427 591 1 013 – – 2 086 – – – (100.0)
Interest, dividends and rent on land 1 023 1 606 58 439 439 439 700 700 731 59.5
Sales of capital assets – – 135 – – – – – –
Transactions in financial assets and liabilities 451 171 436 109 109 557 209 209 218 (62.5)
Total departmental receipts 221 786 116 323 185 387 237 733 237 733 215 293 252 271 252 448 264 060 17.2

Table 3 above, Departmental own receipts decreased from R221.786 million in 2019/20 to a revised
estimate of R215.293 million in 2022/23 due to normalising of the restrictions caused by COVID-19
pandemic. In 2023/24, the budget increases by 17.2 per cent to R252.271 million mainly due the economic
recovery following the COVID-19 pandemic. The revenue drivers are casino taxes, liquor licences, sale of
permit for environmental affairs and the implementation of gambling activities (e.g. bingo). Furthermore,

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