Page 553 - Provincial Treasury Estimates.pdf

Estimates of the Provincial Revenue and Expenditure (EPRE) – 2023/24 Financial Year
R672 thousand was spent in 2020/21. RTMC funds amounting to R737 thousand in 2020/21 were spent

while R288 thousand is expected to be spent in 2022/23.

7.Payment summary

7.1 Key assumptions
Assumptions have been determined, which establish the basic foundation for the crafting of the budget.
These assumptions provided a framework to the department for setting priorities, determining service

levels and allocating limited financial resources. The following assumptions were taken into consideration
when this budget was formulated:

x Inflation taken into account over the 2022 MTEF is 4.42 per cent in 2023/24, 4.45 per cent in 2024/25
and 4.48 per cent in 2025/26;
x Reprioritisation of funds was done to ensure that core service delivery areas are adequately provided

for;
x Cost containment measures were taken into account; and

x Own revenue budget has taken into account the growth in the Eastern Cape’s motor vehicle population
and tariffs.

7.2 Programme summary

Table 6: Summary of payments and estimates by programme

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
1. Administration 445 512 437 352 466 921 561 865 547 172 547 331 520 108 564 714 595 142 (5.0)
2. Transport Infrastructure 2 129 656 2 052 571 2 122 951 1 872 870 2 440 622 2 461 303 2 501 694 2 001 293 2 090 950 1.6
3. Transport Operations 1 320 267 1 194 539 1 755 806 1 510 000 1 661 698 1 672 312 1 635 484 1 609 194 1 678 178 (2.2)
4. Transport Regulation 354 003 301 805 292 641 334 162 328 387 321 798 378 651 362 402 378 638 17.7
5. Community Based Programmes 658 833 632 271 584 973 655 223 601 608 576 900 653 951 639 695 668 351 13.4
Total payments and estimates 4 908 271 4 618 538 5 223 291 4 934 120 5 579 487 5 579 645 5 689 887 5 177 298 5 411 259 2.0

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