ELRC 202324 Annual Report

EDUCATION LABOUR RELATIONS COUNCIL | 2023/24 ANNUAL REPORT

4.

SUMMARY OF FINANCIAL INFORMATION

4.1 Revenue Collection

March 2024

March 2023

Under collection

Over collection

Source of revenue

Actual

Estimate

Actual

Estimate

R’000

R’000

R’000

R’000

R’000

R’000

Levies

106 193 106 193

108 214 108 214

(2 021)

115 422 115 422

106 328 106 328

9 094 9 094

Total

(2 021)

5.

PROGRAMME EXPENDITURE

March 2024

March 2023

Under expenditure

Under expenditure

Source of revenue

Actual

Estimate

Actual

Estimate

R’000

R’000

R’000

R’000

R’000

R’000

26 539 34 579 14 063 15 021

33 138 39 560 15 603 16 056

(6 599) (4 980) (1 540) (1 034)

21 214 26 003 11 143 13 332

26 627 37 290 13 404 14 470

(5 413)

Dispute management services

(11 287) (2 261) (1 138)

Collective Bargaining Services

Corporate services

Finance and Supply Chain Management

9 433

9 906 1 711

(473) (923)

7 634 2 202

10 227

(2 593)

Executive Services

788

2 883

(681)

Capital Expenditure

Total

100 424

115 974

(15 550)

81 528

104 902

(23 373)

5.1. Capital Investment, Maintenance and Asset Management Plan Not applicable.

Strategy to overcome areas of under-performance Not applicable.

Changes to planned targets Not applicable.

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