Economic Development Annual Report

Annual Report 2023/2024 Mpumalanga: Department of Economic Development and Tourism - Vote 6

Programme Expenditure

2022/2023

2023/2024

Programme Name

Final Appropriation

Actual Expenditure

(Over)/ Under Expenditure

Final Appropriation

Actual Expenditure

(Over)/ Under Expenditure

R’000

R’000

R’000 3,962 3,523

R’000

R’000

R’000

Administration

109,750 826,033

105,788 822,510

116,249 742,441

116,210 740,428

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Integrated Economic Development Trade and Sector Development Business Regulation and Governance Economic Planning

2,013

32,389

29,582

2,807

40,991

26,515

14,476

131,110

130,915

195

130,114

127,006

3,108

19,229 465,336

18,188 464,758

1,041

19,018 538,066

18,365 537,585

653 481

Tourism

578

Total

1,583,847

1,571,741

12,106

1,586,879

1,566,109

20,770

Virements/roll overs Post-adjustments were processed by the Department but these did not affect the budget allocation. The following virements (funds taken from underspending programmes) were processed to fund over-expenditure in other Programmes: The analysis of the budget and expenditure outcomes, as at 31 March 2024, after the closure of the books of account for the year-end indicated overspending in goods and services of R3, 209, 000 in Programme 1 and R1, 317, 000 in Programme 2. Over-spending in transfers and subsidies (leave gratuity) of R115,000 was also incurred in Programme 1; savings of R1 ,709,000 under compensation of employees in Programme 1; R838,000 in Programme 2; R127,000 in Programme 5; savings of R1,143,000 under goods and services in Programme 3; R217,000 in Programme 4; R497,000 in Programme 5 and R81,000 in Programme 6, as well as savings on transfers and subsidies (Provinces and Municipalities) amounting to R19,000. The Department submitted a request to roll-over unspent funds totalling R2,013,000 during the financial year (2023 2024) for Capital Assets (in respect of Building and Fixed Structure, MIFPM). During the year under review, the Department did not incur any unauthorised expenditure. The balance on the fruitless and wasteful expenditure has been removed following disciplinary proceedings, and in response to a legal opinion obtained in connection with the matter.

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