LIMPOPO GAMBLING BOARD A/REPORT 2022/23
5.7 Linking performance with budgets
The Entity spent 93% of the allocated budget for the 2022/23 Financial Year. The budget was increased in November 2022 when the budget adjustment was tabled at the Legislature. For the 2022/23 Financial Year, the Entity was able to perform its aspects of service delivery in line with its core mandate. Covered under section 5 of the report is the spending per Unit for the current year against that of the previous financial year. 6 REVENUE COLLECTION
2021/2022 Actual Amount Collected
2022/2023
Actual Amount Collected
Sources of revenue
Sources of revenue Estimate
Sources of revenue
Estimate
R’000
R’000
R’000
R’000
Levies
112 724 129 779
Levies
164 770 196 036
Levies
Own Revenue TOTAL
Own Revenue
Own Revenue
14 895
11 495
13 247
11 841
127 619 141 274
Total
178 017 207 877
Total
In the current year, the revenue performed well and compared well to collection before the pandemic. Levies continued to come in well above budget as a result of the upliftment of the State of Disaster during the year under review, which allowed the punters to enjoy the gaming entertainment. Own revenue did not perform as expected and has been adjusted for future budgets to reflect a fairer collection. Total revenue amounting to R 208 million was collected for the year under review against a budget of R 178 million. 7 CAPITAL INVESTMENT
2021/2022
2022/2023
(Over)/Under Expendi ture
(Over)/ Under Expenditure
Infrastru ture projects Budget
Actual Expenditure
Actual Expenditure
Budget
R’000
R’000
R’000
R’000
R’000
R’000
Not Applicable to the Limpopo Gambling Board
LIMPOPO GAMBLING BOARD 2022/23
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