DID ANNUAL REPORT 2023_24

Annual Report 2023-2024

Program 2 – Overall, the Department implemented a virements of R96 million to programme 2 and 3 to defray possible overspending on goods and services. Program 3 – A virement of R12 million will be shifted from Programme 2 to Programme 3 to defray possible overspending on goods and services.

Rollover

2023/2024

Committed but not paid

Descriptions

Adjusted Appropriation

Available Budget

Expenditure

% Spent

% Spent

R’000

R’000

R’000

R’000

R’000

R’000

Compensation of employees Goods and services

1 242 183 1 244 054 (1 871)

100,1%

-

100,1%

1 151 267 1 135 417 15 850

99% 10 675 99,84%

Interest and rent on land Transfer and subsidies Payment of Capital Assets Payments for Financial Assets

7 998

11 301 (3 303)

100%

-

100% 100% 100% 100%

967 521 403 064

967 518 397 542

3 99,99%

3

5 522 98,6% 6 290

1 252

485

767 38.7%

-

Total

3 773 285 3 756 317 16 968 99,55% 16 968

100%

Rollovers relate to commitments made by the Department before year-end but could not be processed for payment at year-end. These commitments can only be processed for payment in the next financial year, provided approval is obtained from the Provincial Treasury. These commitments will be raised as accruals at year-end provided goods and services were delivered before year-end. Accruals are paid using the budget allocation for the following year since at the time of closure of the payment system, suppliers failed to upload invoices on the electronic invoice submission system on time. To date, the Department spent 99,55% of its allocated budget, which resulted in an underspending of R16,9 million. If the rollover is approved by Provincial Treasury, the overall Departmental expenditure will improve from 99,55% to 100%. The application for rollover is made in line with Treasury Regulations paragraph 6.4 prescribes a limit of 5% of the Department’s payments for goods and services and no limit applicable for capex, rates, and taxes. The Department’s adjusted budget for goods and services after year-end virements and shifts is R1,151 billion, therefore, the 5% of the allocation is approximately R57,55 million which will be the amount allowed for rollover on goods and services.

18

DEPARTMENT OF INFRASTRUCTURE DEVELOPMENT